VICI Properties Inc. (NYSE: VICI) announced today that the Company has agreed to provide a mezzanine loan investment for up to $59.0 million to Great Wolf Resorts, Inc. related to the development of Great Wolf Lodge South Florida, a more than $250 million family resort project in Collier County, FL.
Source: New feed
Month: July 2022
Banyan Tree Residences Manila Bay to Open Third Quarter 2025 in the Philippines
n conjunction with the launch of its Residences, Banyan Tree will also develop resorts and golf courses in the country through 2030.
Source: New feed
Monarch Alternative Capital Acquires Three Hotels in Orlando, Florida
Monarch purchased the Aloft Orlando and the Holiday Inn Express & Suites Orlando, both located in the Lake Buena Vista submarket within close proximity to Disney World. In addition, the firm acquired the TownePlace Suites Orlando located in the Universal Studios submarket.
Source: New feed
Inflation, Interest Rates Further Hamper California Hotel Development – CoStar
The California Hotel Development Survey 2022 Mid-Year from Atlas Hospitality Group reports pandemic-challenged hotel developers faced additional hurdles with inflation and interest rate increases, which could lead to rooms supply shrinking again.
Source: New feed
Indian Hotels Company Limited Signs a Seleqtions Hotel in Tirupati, Andhra Pradesh
Indian Hotels Company (IHCL) today announced the signing of a SeleQtions hotel in Tirupati, Andhra Pradesh. The currently operational hotel will be rebranded as SeleQtions. The hotel is a management contract with Bliss Hotels Limited.
Source: New feed
Dual-branded Homewood Suites & Tru by Hilton Albany Crossgates Mall in Albany, NY Sold
JLL’s Hotels & Hospitality Group announced today that it has closed the sale of the dual-brand Homewood Suites & Tru by Hilton Albany Crossgates Mall, a 192-key, extended stay and select service hotel in Albany, New York.
Source: New feed
Around the World of Care: Hyatt Shares Progress Update Across Environmental, Social and Governance Commitments and Initiatives
CHICAGO (July 14, 2022) – To share progress made across World of Care, the company’s Environmental, Social and Governance (ESG) platform, Hyatt Hotels Corporation (NYSE: H) today published its…
Source: New feed
W Atlanta Midtown Hotel Rebrands As The Starling Atlanta Midtown, Curio Collection by Hilton
The Starling features 433 guest rooms and 33 suites with sweeping city views and 45,500 square feet of meeting space, including 9,400 square feet of ballroom space and a top-floor event space featuring panoramic views of the city.
Source: New feed
General Assembly Pizza Now Available at 59 Locations of One of Canada's Largest Grocery Chains
General Assembly Holdings Limited (TSXV: GA) are now available at 59 Sobeys stores across Ontario.
Source: New feed
The Mere Golf Resort & Spa, Located in Knutsford, UK Sold
UAE-based property developeSelect Group, the UAE-based award-winning property developer announced the acquisition of The Mere Golf Resort & Spa, located in Knutsford, UK.
Source: New feed