Canopy by Hilton Cannes will include 143 guest rooms and be located in central Cannes, a short walk from the city’s beaches, Old Port and the world-famous Palais des Festivals.
Source: New feed
Month: March 2022
WhyHotel Rebrands to Placemakr, Lands $90M Investment – PhocusWire
Hospitality platform WhyHotel has landed a $90 million investment to put towards property acquisitions as well as the operating company.
Source: New feed
Tempo by Hilton Hotel to Open 2024 in Downtown Nashville, TN
The hotel is scheduled to break ground in March 2022 and open in spring 2024. HRI has entered into an agreement with Hilton to build a 16-story, 306-room focus-service lifestyle hotel adjacent to Nashville Yards in the heart of downtown Nashville.
Source: New feed
Rotana Hotels Signs Management Agreements for Egypt
Rotana has signed new management agreements with Al Marasem Development and Marina Way Lagoon. The agreement includes the management of two new properties – Lake Residence, serviced apartments in New Cairo which will also mark Rotana’s debut in the capital city and Marina Bay, Hotel Apartments in Alamein, North Coast.
Source: New feed
Trends Show Reversal of Chinese Investment in Western Hotels – CoStar
Former Players Such as Anbang, HNA Have Left the Table
Source: New feed
Accor Plans to Open More Than 300 New Hotels and Resorts in 2022
Accor shared a summary of its 2021 development activities and growth outlook for 2022 and beyond. Overall, Accor opened 288 hotels and resorts and 41,000 rooms in 2021.
Source: New feed
Hotel Brokers International Installs 2022-23 Board of Directors
Edward P. Walsh to serve as Board President 2022-23
Source: New feed
96 Room Dorado Beach, a Ritz-Carlton Reserve in Dorado, Puerto Rico for $193 Million
The total consideration for the acquisition was approximately $193 million ($1.8 million per key, inclusive of the residential units in the rental program).
Source: New feed
Indian Hotels Company Limited (IHCL) Signs a Vivanta Hotel in Nashik
Indian Hotels Company (IHCL) oday announced the signing of a Vivanta hotel in Nashik. Located near Dwarka Circle, the hotel, part of a mixed-use development, is a management contract with Deepak Builders and Developers.
Source: New feed
Fuddruckers Announces Ten New Mall Locations
New Fuddruckers Locations to Open at Brookfield Properties
Source: New feed