Brands Broadly Make Investments as Offerings Grow Across Price Points
Source: New feed
Month: June 2022
MCR Has Acquired 51 Hotels in the Last 24 Months Through 26 Transactions
MCR has completed $2 billion of investments and deployed more than $500 million of equity since 2020. In the last 24 months, the company has acquired 46 select service hotels, five full-service hotels, four non-performing loans and two hospitality-related software companies.
Source: New feed
Hyatt Shares Operating Update, Summer Travel Booking Trends, and Closes on Asset Dispositions
CHICAGO (June 6, 2022) – In conjunction with the start of the NYU International Hospitality Industry Investment Conference, Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) is pleased…
Source: New feed
Cambria Hotel Rehoboth Beach in Rehoboth Beach, Delaware Breaks Ground
Expected to open in spring of 2024, the four-story, 114-room Cambria will mark the brand's first property in Delaware when it debuts.
Source: New feed
Sunstone Hotel Investors Completes Purchase of the Confidante Miami Beach Hotel for $232 Million
The Company will invest approximately $60 million to reposition the Hotel into a premiere beachfront resort under Hyatt's luxury, lifestyle Andaz brand.
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Austria Haus Hotel in Vail, Colorado Joins Destination by Hyatt Portfolio
Hyatt Hotels Corporation (NYSE: H) announced yesterday the addition of the 25-room Austria Haus Hotel in Vail, Colo to its growing Destination by Hyatt portfolio.
Source: New feed
IHG Announces Dual-branded Kimpton and Staybridge Suites Hotel to Open 2025 in St. Louis, Missouri
The hotels will open in early 2025 as part of a new-build Downtown West development located at the corner of Market Street and Jefferson Street, a key location for connecting Midtown and Downtown.
Source: New feed
DoubleTree by Hilton Announces Brand's First Hotel to Open 2023 in Morocco
DoubleTree by Hilton Marina Agadir Hotel & Residences expected to open in summer 2023 as part of Marina Agadir
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Wyndham Grand Rio Mar Puerto Rico Golf & Beach Resort in Rio Grande, Puerto Rico Sold
LionGrove announces today the purchase of the Wyndham Grand Rio Mar Puerto Rico Golf & Beach Resort in Rio Grande, Puerto Rico. The Resort will continue to be part of the Wyndham Hotels & Resorts family and will retain its current Wyndham Grand brand.
Source: New feed
Destination by Hyatt Expands Brand Portfolio in Vail, Colorado with Austria Haus Hotel
CHICAGO (June 2, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today the addition of the 25-room Austria Haus Hotel in Vail, Colo to its growing Destination by Hyatt portfolio. Travelers…
Source: New feed