IHG Hotels & Resorts has signed a Master Development Agreement (MDA) with Tashyid for Hotel Operations, which will see the development of 12 hotels and 2,500 keys under the Holiday Inn Express brand across the Kingdom of Saudi Arabia.
Source: New feed
Month: May 2023
$76M of Acquisition Financing Arranged for St. Regis Chicago Hotel
JLL Capital Markets announced today that it arranged $76 million in acquisition financing for the St. Regis, a five-star, 192-key, luxury hotel in Chicago.
Source: New feed
Hyatt Announces Plans for Zoëtry Wellness & Spa Resorts Brand Debut in Greece
Zoëtry Halkidiki, a new boutique, all-inclusive resort, expected to mark the second Zoëtry Wellness & Spa Resorts property in the Inclusive Collection, part of World of Hyatt European portfolio
Source: New feed
HVS Asia Pacific Hospitality Newsletter – Week Ending 12 May 2023
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
European Hoteliers Optimistic Amid Realities of Deals Landscape – CoStar
Are they cautiously optimistic? Are they sensibly looking at the long-term play? On the first day of the International Hotel Investment Forum, there were almost as many opinions as there were attendees of the conference.
Source: New feed
Jack in the Box Announces Development Agreement for Mexico
Jack in the Box Inc. (NASDAQ: JACK) announced today that it signed a 22-unit commitment in four northern Mexican States. This marks the first franchise agreement in Mexico for Jack in the Box in over 30 years.
Source: New feed
Caesars Palace Opens Brasserie B by Bobby Flay in Late 2023
Brasserie B by Bobby Flay will offer delicious and distinct French-inspired dishes for brunch, lunch and dinner and is slated to open in late 2023.
Source: New feed
Hilton Set for Bosnia & Herzegovina Entry with Dual Signing
Hotel Neretva Mostar, Tapestry Collection by Hilton, Mostar and Hampton by Hilton Sarajevo City Centre mark the first Hilton hotels in the country
Source: New feed
Tamarack Resort in Idaho Provides Development Updates and 2023 Plans
Significant Investments into Resort Amenities have caused Real Estate Values to Soar over 350% since the Resort's Acquisition in 2018
Source: New feed
157 Acre Fairmont Cheshire The Mere Resort to Open Q3 2024
Fairmont Hotels & Resorts in partnership with Dubai-based real estate development and investment firm, Select Group, today announced the signing and redevelopment of the historic The Mere in Cheshire.
Source: New feed