Salter Brothers, one of the region’s most active hotel investors, has exchanged contracts to acquire the multi-award winning Sofitel Adelaide Hotel for approximately $154,000,000.
Source: New feed
Sonder Holdings Inc. (NASDAQ: SOND) continues to expand in Europe, adding 5 new properties to its existing portfolio of 54 properties across key travel destinations in EMEA.
Source: New feed
IHG Hotels & Resorts announced the signing of Holiday Inn Express & Suites Bangkok Asok with new partner A.P.K Real Estate Co., Ltd.
Source: New feed
IHG Hotels & Resort has announced the signing of a management agreement with T&K Construction Private Limited for its first Holiday Inn hotel in Bhutan.
Source: New feed
Wyndham Hotels & Resorts and Roadchef, one of the UK’s leading motorway service area operators, today announced the upcoming opening of Super 8 by Wyndham Chester East, the brand’s first entry in the UK.
Source: New feed
Radisson Hotel Group has had a strong H1 2023 with strategic growth across the portfolio being delivered in APAC and in EMEA with milestone openings and signings.
Source: New feed
Announces Year-to-Date Acquisition Volume Totals of $269.1 Million
Source: New feed
The Ritz-Carlton, Naples has unveiled a dramatic transformation including the addition of the new Vanderbilt Tower, which features an expansive new Ritz-Carlton Club Lounge and more than seventy club-level guestrooms, along with a new resort lobby, and three new dining experiences.
Source: New feed
Transat A.T. Inc. entered into a sale and purchase agreement for its land property located in Puerto Morelos, Mexico, for US$38 million to Finest Resorts, a luxury resort group, part of The Excellence Collection.
Source: New feed
In the latest of HVS’s series of webinars, 425 attendees heard a topical discussion from a line-up of expert speakers on the current status of debt finance within the Hotel sector.
Source: New feed