Choice Hotels International, Inc. (NYSE:CHH) has finalized an agreement with The Brittano Group, Inc. to develop a new member of the Ascend Hotel Collection in South Boston, Virginia: The Rook Hotels.
Source: New feed
Month: January 2023
Courtyard Dallas Grand Prairie Hotel in Grand Prairie, Texas Sold
MCR has acquired the Courtyard Dallas Grand Prairie, a four-story, select service hotel with 120 rooms in Grand Prairie, Texas. The hotel was purchased with acquisition financing from American Momentum Bank in place, at a rate of SOFR plus 260 basis points and a 65% loan to value.
Source: New feed
Highgate Launches HG Portugal with 18 Hotels
HG Portugal begins with a portfolio of 18 hotels spanning the Algarve, Lisbon, Porto, and several other markets throughout Portugal. The portfolio includes hotels operating within the Hilton and IHG brand families, as well as several noteworthy independent hotels such as Cascade Resort, Salgados Palace, and Sao Rafael Atlantico.
Source: New feed
Hyatt Proudly Announces the Opening of FirstName Bordeaux
CHICAGO (January 11, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of FirstName Bordeaux, a lifestyle hotel joining the JdV by Hyatt collection of independent hotels….
Source: New feed
Capriottis Sandwich Shop and Wing Zone Close Out 2022 with Agreements to Open 235 New Shops
ast-Casual Restaurant Franchises Ink 9 Deals in Q4 for a Total of 92 New Locations Domestically & Internationally
Source: New feed
Courtyard Boston South Boston in Boston, Massachusetts Sold
JLL Capital Markets announced today that it has closed the sale of Courtyard Boston South Boston, a 164-key select-service hotel in Boston, Massachusetts. JLL represented the seller, Hersha Hospitality Trust.
Source: New feed
Grand Hyatt La Manga Club and Resort to Open Mid 2023 in Spain
Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with La Manga Club, S.L. (an affiliate of Grupo Inversor Hesperia) for Grand Hyatt La Manga Club and Resort.
Source: New feed
Best Western Premier Houston Katy Hotel Sold
HVS Brokerage & Advisory announces the sale of the 92-key Best Western Premier Houston Katy, located at 1549 Westborough Drive, Katy, Texas 77449.
Source: New feed
105 Key Fairmont Shimla Fagu Resort to Open 2026 in India
Expected to open its doors in 2026, the property will be newly built on a ~2.5-acre hilltop plot of land at an altitude of 2,400 metres in Fagu, Shimla
Source: New feed
Sonnenblick-eichner Company Arranges $26,750,000 of First Mortgage Financing for Two Northern California Hotels
Sonnenblick-Eichner Company, on behalf of Woodside Hotel Group, has arranged $26,750,000 of non-cross collateralized, fixed rate, first mortgage financing for the Lafayette Park Hotel & Spa and The Lodge at Bodega Bay, located in Lafayette and Bodega Bay, California, respectively.
Source: New feed