J1 Beach Resort to Open Late 2023 in Dubai

Asset management firm Merex Investment has announced a redevelopment of La Mer South, which will be named J1 Beach, with the addition of three brand new seaside experiences – Gigi Rigolatto, Bâoli and Sirene Beach by Gaia – and 10 upscale restaurants.
Source: New feed

Hampton Inn & Suites Yonkers, Yonkers, New York Sold

Arlington, VA based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City.
Source: New feed

Vignette Collection Celebrates Anniversary with 14 Hotels Signed or Open in Its Inaugural Year

Vignette Collection is this week celebrating the first anniversary of its inaugural property opening, Hotel X Brisbane Fortitude Valley with news of further expansion across the globe. The Luxury & Lifestyle hotel collection has a portfolio of 14 highly distinct properties, with two already serving customers in Brisbane and Bangkok, and is on track to deliver on its ambition of securing more than 100 properties in 10 years.
Source: New feed