112 Room Holiday Inn Express & Suites Bluffton @ Hilton Head Area Sold

Banyan Investment Group (BIG) today announced the completed sale of the 112-room Holiday Inn Express & Suites Bluffton @ Hilton Head Area in S.C., to Trishul Hospitality for an undisclosed price. The transaction generated a 24% IRR and a 3.3x equity multiple.
Source: New feed

Hyatt Centric Escazu San Jose to Open 2024 in Costa Rica

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of Caribe Hospitality S.A. for Hyatt Centric Escazu San Jose.
Source: New feed

Hyatt Announces Plans for Hyatt Centric Escazu San Jose

CHICAGO (December 8, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of Caribe Hospitality S.A. for…

Source: New feed

Hard Rock Hotel Breaks Ground in Bristol, VA

The project is expected to create approximately 900-1,000 construction-specific jobs and will be managed by TN Ward and Berwil Construction. Once the permanent location opens, the casino is expected to create over 1,200 full-time and part-time jobs.
Source: New feed

SpringHill Suites by Marriott Chicago Waukegan/Gurnee Sold

Located at 4101 Fountain Square Place, the 120-suite hotel offers guests convenient access to Naval Station Great Lakes, Six Flags Great America & Hurricane Harbor, Gurnee Mills Mall, Waukegan Municipal Beach and numerous shopping, dining and entertainment options.
Source: New feed

IHG Signs Two Hotels in Portugal

IHG Hotels & Resorts announced the recent signing of Convent Square Hotel Lisbon – Vignette Collection, and Crowne Plaza Caparica Lisbon.
Source: New feed