Indian Hotels Company (IHCL) today announced the signing of a resort in Naukuchiatal, Uttarakhand. This is a conversion and will be rebranded an IHCL – SeleQtions hotel after extensive renovations and expansion.
Source: New feed
Month: June 2023
Hotel Brands, Investors See Value in All-Inclusive Model As Sophistication Grows – CoStar
Hoteliers with all-inclusive resorts say there's still untapped demand from some U.S. customers who don't yet trust the all-inclusive segment.
Source: New feed
My Place Hotels to Develop 10 Extended-Stay Hotels Throughout the Southern U.S.
My Place Hotels of America has entered into a two-phase franchise and development agreement with Rimrock Companies, a privately-held real estate development and investment company headquartered in Jacksonville, FL, for 10 extended-stay hotels throughout the South over the next six years.
Source: New feed
Radisson Hotel Group Signs 11 New Hotels in India During Q1 2023
Located in key gateway cities and emerging destinations, these new hotels are present across Hyderabad, Bengaluru, Ujjain, Raipur, Sonamarg, Manali, Kerala, and Visakhapatnam.
Source: New feed
Hyatt Regency London Blackfriars Opens in the United Kingdom
CHICAGO (June 1, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency London Blackfriars. Marking a key milestone in Hyatt’s strategic brand growth in the UK…
Source: New feed
Corinthia Hotels to Open Luxury Resort in the Maldives in Q4 2025
Early works on reclamation and the first phase of the development of the Corinthia Maldives resort located on the Kaafu Atoll have commenced and will feature two islands hosting a 73-key resort on the larger of the two and a second, smaller private island for exclusive use.
Source: New feed
FCPT Announces Acquisition of a Dual-Tenant Outback Steakhouse and Hook & Reel Property from Seritage for $5.2 Million
The property is located in a strong retail corridor in Ohio and is under net leases. The transaction was priced at a cap rate in range with previous FCPT transactions.
Source: New feed