Built in 1890, the Victorian property comprises three red-brick town houses on Cadogan Gardens in the heart of Chelsea. It will undergo a restoration before reopening as The Chelsea Townhouse, operated for Cadogan by Iconic Luxury Hotels.
Source: New feed
Month: November 2022
Hyatt Acquires Dream Hotel Group for a Base Purchase Price of $125 Million
Upon closing, Hyatt will pay a base purchase price of $125 million, with up to an additional $175 million over the next six years as properties come into the pipeline and open.
Source: New feed
Sonnenblick-Eichner Company Arranges $22 Million of First Mortgage Leasehold Financing for Doubletree by Hilton Los Angeles-commerce, Los Angeles, CA
Sonnenblick-Eichner Company announced today that it has arranged $22 million of non-recourse first mortgage financing for the leasehold interest in the Doubletree by Hilton Los Angeles-Commerce, a 201-room hotel located in the city of Commerce, approximately six miles southeast of downtown Los Angeles.
Source: New feed
Hyatt Continues Asset-Light Growth Strategy with Plans to Acquire Dream Hotel Group
CHICAGO (November 29, 2022) – Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and…
Source: New feed
The Westin Hilton Head Island Resort & Spa Announces $10 Million Renovation
The Westin Hilton Head Island Resort & Spa announces today that it has embarked on a $10 million renovation to reimagine the resort's existing 416 guestrooms to grow to 419 rooms including 32 suites.
Source: New feed
Nobu Hotel, Restaurant, and Residences to Open 2026 in Abu Dhabi
Opening in 2026 on Saadiyat Island Nobu Hotel will feature 165 guest rooms and suites, including a stunning Nobu Villa.
Source: New feed
Hyatt Announces the Opening of Hyatt Regency Trivandrum
CHICAGO (November 27, 2022) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Regency Trivandrum in Kerala. The hotel is the third Hyatt property in the state of Kerala…
Source: New feed
Australian Investors Continue to See Value in Regional Accommodation Assets
Redhill Hospitality has acquired the freehold going concern interest in Tenterfield’s Best Western Henry Parkes Motel, highlighting the continued investor interest in quality motels in strategic locations.
Source: New feed
Zleep Hotel to Open 2024 in Recharge City in Horsens, Northern Denmark
The hotel will be a part of the new center that measures 270,000 square meter along with parking spaces, restaurants, and a filling station amongst others.
Source: New feed
FCPT Announces Acquisition of a Chili's Property from Seritage Transaction for $2.6 Million
The property is located in a strong retail corridor in Florida and is under a triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
Source: New feed