Industry Recovery, Buyer Competition Drive Hotel Pricing in First Half of 2022
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Located in the lower Hudson Valley, along the border of Sloatsburg and Tuxedo Park, The Ranch Hudson Valley is set amidst 200 forested acres in a 40,000+ square foot estate steeped in history. Known as the Table Rock Estate, it was built in 1902 by JP Morgan for his daughter as a wedding gift when she married the great grandson of Alexander Hamilton.
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Situated along the sand beaches of the Cancun Hotel Zone, the 502-room resort features 10 restaurants and bars, a state of-the-art fitness center and a full-service holistic spa.
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Easton's Group of Hotels announced the Four Points by Sheraton Kingston as the newest addition to its portfolio of hotels across Ontario and Quebec. This latest acquisition of the Kingston property will be the 10th Marriott property under Easton's ownership and management.
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From Jan. 1 to June 30, 2022, the company welcomed 11 new hotels, growing its CALA portfolio to more than 190 hotels representing nearly 15% of Hilton’s presence outside of the United States.
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Radisson Hotel Group plans for four-fold growth of its footprint in Vietnam by opening a dedicated representative office and significantly boosting its portfolio of properties in the country by 2025.
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Sonnenblick-Eichner Company has arranged a $58 million sale and $40.6 million of acquisition financing of the fee simple and leasehold interests in the Surfsand Resort, an irreplaceable and iconic beachfront resort located in the city of Cannon Beach, Oregon.
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Hyatt Hotels Corporation (NYSE: H) yesterday announced plans for the debut of The Unbound Collection by Hyatt brand in India with the signing of a management agreement for Bhopal's Noor-Us-Sabah Palace.
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CHICAGO (July 18, 2022) – Hyatt Hotels Corporation (NYSE: H) announces today the opening of 7Pines Resort Sardinia, a luxury beachfront resort overlooking the archipelago of La Maddalena….

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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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