Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the acquisition of the AC Hotel by Marriott Louisville Downtown for $51 million, or approximately $327,000 per key, and the AC Hotel by Marriott Pittsburgh Downtown for $34 million, or approximately $254,000 per key.
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Rosewood Hotels & Resort has been appointed by real estate firm Gruppo Statuto to manage Rosewood Milan, which will open in 2025 in the heart of the city. The new property marks the brand's fourth hotel in Italy, following the recent announcements of Rosewood Rome and Rosewood Hotel Bauer in Venice.
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CHICAGO (October 27, 2022) Hyatt Hotels Corporation (NYSE: H) and Grupo Presidente announced on Tuesday, October 25, the opening of Hyatt Place Monterrey Valle and Hyatt House Monterrey Valle /…
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Wingstop Franchisee, Memphis Wings, announces the acquisition of nine restaurants across Tennessee and Mississippi effective July 13, 2022.
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Since closing for more than two years due to the pandemic and damage from Hurricane Laura, the former Isle of Capri Lake Charles will officially come ashore in a brand-new, land-based build out as Horseshoe Lake Charles on Dec. 12, 2022.
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While higher costs continue to plague hotel construction and renovations, experts said developers need to tackle issues earlier in the timeline for projects.
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Shake Shack Inc (NYSE: SHAK) is heading to the Caribbean, with plans to open at Atlantis Paradise Island in the Bahamas in 2023.
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IHG Hotels & Resorts has announced the signing of a Management Agreement with HOC Hospitality Investments Ltd., for a new build Vignette hotel in Victoria Falls, Zimbabwe.
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Bad Ass Coffee of Hawaii announces the signing of a 20-unit development agreement along the Florida Gulf Coast – the largest deal in brand history. This puts the brand on the fast track to reaching its expansion goal to open 150 new locations over the next five years, with a number of territories available nationwide.
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The riverside game reserve and wellness resort are within Zimbabwe’s Victoria Falls National Park, a UNESCO Protected Area.
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