The closing of this transaction completes the $822 million portfolio acquisition from NewcrestImage which included 27 hotels containing 3,709 guestrooms, two parking structures, and various financial incentives.
Source: New feed
Benihana Inc. today announced it signed agreements to open five new Benihana restaurants and one RA Sushi restaurant.
Source: New feed
Hilton (NYSE: HLT) today announced the signing of a franchise agreement with Hotel Ambasciatori Srl to open Ambasciatori Venice Mestre, Tapestry Collection by Hilton in the Mestre area of Venice.
Source: New feed
PLANO, Texas (March 29, 2022) ¾ Lexus is hitting the road for health and wellness. For those striving for a better self and looking to incorporate more balance and mindfulness into their lives,…
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Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to purchase a majority stake in Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG, marking the company's first strategic investment in, and opportunity to operate, a ski resort in Europe.
Source: New feed
Weekly Hotel Industry Asia Pacific News Roundup from from HVS
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Canada-based multinational fast food restaurant chain Tim Hortons Inc. plans to debut in India by the middle of 2022, where competitors including Starbucks have gained traction in urban locales through their premium-play. The launch is well-timed to capture the resurgence in ‘out-of-home’ dining, says GlobalData, a data and analytics company.
Source: New feed
The Siegel Group Nevada, Inc announced today that it had completed the sale of the Artisan Hotel Boutique; a 64-room boutique hotel located in Las Vegas, Nevada. The sale price was $11.90 million.
Source: New feed
We are heartbroken over the devastation unfolding in Ukraine and the mounting tragedies resulting from military actions, including lives lost, families separated and the displacement of millions…
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Holiday Inn Club Vacations Incorporated announced that its acquisition of 16 acres of undeveloped property in Myrtle Beach, South Carolina from Myrtle Beach Farms Company, Inc. was finalized earlier this year.
Source: New feed