The bill lets hotels keep their certificates of occupancy when switching to residential use instead of acquiring new ones and expempts hotel conversion projects from undergoing a lengthy review process
Source: New feed
Month: June 2022
Steigenberger Residences Doha to Open Q3 2022
Deutsche Hospitality announced the signing of the Management Agreement for the Steigenberger Residences Doha, Qatar. Complementing the recently opened Steigenberger Hotel Doha, the Residences will include 278 uniquely furnished apartments.
Source: New feed
Scandic to Manage Hotel Opus in Horsens, Denmark
Scandic will operate the hotel from October 1 2022 under the name Scandic Opus Horsens
Source: New feed
Global Design Transformation of Sheraton Hotels & Resorts Builds Momentum Across Europe, the Middle East, and Africa
From Amsterdam to Jeddah, Five Newly Reimagined Properties Join the Brand's Reinvention Journey
Source: New feed
Church's Texas Chicken Expands in Canada With Two New Ontario Locations
Today, Church’s Texas Chicken announced it is expanding with two new locations opening in Ontario under franchisee Mian Nadeem, adding to Nadeem’s existing five locations.
Source: New feed
Waldorf Astoria Kuala Lumpur Hotel Announced for 2024
Waldorf Astoria Hotels & Resorts, one of Hilton’s (NYSE: HLT) luxury hotel brands, today announced its expansion into Malaysia with Waldorf Astoria Kuala Lumpur. Scheduled to open in 2024, Waldorf Astoria Kuala Lumpur will be developed and owned by Tradewinds Corporation Berhad and managed by Hilton.
Source: New feed
Dual-branded AC Hotel by Marriott & Element Miami Brickell Sold for $89 Million
The Company's initial purchase option was based on a gross hotel valuation of $89.0 million, or $337,000 per key, and the Company funded its 90% equity interest totaling $38 million with the conversion of the previously funded $30 million mezzanine construction loan, which earned 9% cash interest during the loan term, and $8 million in cash
Source: New feed
Courtyard by Marriott Quy Nhon to Open 2025 in Vietnam
AKYN Hospitality Group has officially announced the agreement signing with Marriott International to bring Courtyard by Marriott brand to Quy Nhon, an up-and-coming coastal destination in south-central Vietnam.
Source: New feed
Mandarin Oriental to Manage and Rebrand Historic Hotel Cristallo in Cortina DAmpezzo, Italy
Mandarin Oriental Announces its First Mountain Resort in Cortina, Italy
Source: New feed
DoubleTree by Hilton Raleigh Brownstone Hotel in Raleigh, North Carolina Sold for $42.0 Million
Sotherly Hotels Inc. Completes Sale of Raleigh, NC Hotel, Partially Repays Corporate Debt
Source: New feed