Hotel investment sales saw increased momentum, reaching over $520 million in the third quarter with the year-to-date total pacing at approximately $1.1 billion.
Source: New feed
Month: November 2022
Hilton Signs DoubleTree by Hilton Ben Guerir in Morocco
Hilton (NYSE: HLT) announced the signing of DoubleTree by Hilton Ben Guerir, Morocco. Scheduled to open in 2023, the property is the first internationally branded hotel in Ben Guerir, Morocco.
Source: New feed
Hilton Garden Inn Phoenix Mauritius Hotel Announced for 2026
Hilton Garden Inn announced the signing of Hilton Garden Inn Phoenix Mauritius, in partnership with Ebène Square Ltd.
Source: New feed
Grayson Hotel Debuts As The First Hotel In The Unbound Collection By Hyatt In New York City
CHICAGO (November 8, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Grayson Hotel, introducing The Unbound Collection by Hyatt brand to New York. In a city that has been…
Source: New feed
Four Points by Sheraton Houston Intercontinental Airport Hotel Sold
The select-service hotel property, built in 2017, was sold via an online auction on Ten-X. It was purchased by Auerbach III Houston-Hospitality I LLC, based in Washington, D.C., from Pari LLC, based in Galveston, Texas.
Source: New feed
103 Room Artmore Hotel in Midtown Atlanta Sold
Hodges Ward Elliott announced they represented the seller in the recent sale of the 103-room Artmore Hotel, a boutique hotel located at the corner of West Peachtree and 16th Street in the center of Midtown Atlanta.
Source: New feed
The Peninsula Istanbul Hotel To Open February 2023
The waterfront property encompasses four buildings, three of which are protected historical landmarks dating to the early 1900s, each carefully renovated, set amid a quarter kilometre expanse of gardens along the Bosphorus Strait – the convergence point of East and West in Türkiye's most cosmopolitan city.
Source: New feed
Legendary Hotels and Resorts Launches in 12 Locations Across Iceland
A brand new hotel operator, Legendary Hotels and Resorts, will be entering the Icelandic hospitality market over the next two years, with ambitious plans to construct, purchase, or rebrand a portfolio of 12 hotels.
Source: New feed
Sheraton Tampa Riverwalk Hotel Sold to Joint Venture
The 277-room property, located on top of the Hillsborough River Riverwalk in downtown Tampa, Fla. was delivered unencumbered of the Sheraton flag and management, and will undergo an operational and namesake rebrand as Hotel Tampa Riverwalk.
Source: New feed
Marriott International Anticipates More Than 30 Anticipated Hotel Openings Across Africa by the End of 2024
Expansion plans include strong growth in the select-service segment and the debut of Delta hotels by Marriott on the continent
Source: New feed