MCR has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost.
Source: New feed
Month: September 2023
Hyatt’s Impression by Secrets brand Launches Exclusive Dining Experiences in Collaboration with Top Culinary Personalities
CHICAGO (Sept. 13, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced the launch of the Impression Makers Supper Club, a series of exclusive dinners from the Inclusive Collection, part…
Source: New feed
Scandic Signs Agreement for Two New Hotels in Helsinki
The agreement includes one Scandic Go hotel with 232 rooms and a 227-room Scandic hotel that are expected to open in 2028.
Source: New feed
Foley Entertainment Group Buys Majority Stake in Farmhouse Inn in Sonoma County, CA
FEG will assume operations of Farmhouse Inn effective immediately, together with the Bartolomei family who will continue to be active in the property's future.
Source: New feed
Hyatt Regency Brand Expands Footprint with First Property in Panama
Hyatt Hotels Corporation (NYSE:H) in collaboration with Hotel Properties of Panama Inc., today announced the planned expansion of the Hyatt Regency brand in the Latin America & Caribbean region with Hyatt Regency Panama City, expected to open in summer 2024.
Source: New feed
HVS Asia Pacific Hospitality Newsletter – Week Ending 8 September August 2023
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed
Capital Tacos Plans Nashville Debut Following Latest Franchise Agreement
Casual Tex-Mex Franchise Announces Plans for their First-Ever Tennessee Restaurant Location
Source: New feed
Bad Ass Coffee of Hawaii Announces Two Signed Agreements As Statewide Development Surges
Bad Ass Coffee of Hawaii announced two newly signed agreements in Texas. A three-store deal has been inked for Dallas-Fort Worth and a five-unit agreement has been awarded to develop in the North San Antonio market.
Source: New feed
P.F. Chang's Expands Global Footprint with First-ever Locations in India
New locations in Bangalore and Mumbai, planned for 2023 and beyond, paving way for continued international growth
Source: New feed
JLL Arranges $29.6 Million Acquisition Financing for the Aloft Tampa Downtown Hotel in Tampa, Florida
JLL’s Hotels & Hospitality Group announced yesterday that it has arranged a $29.6 million floating-rate term loan to acquire and renovate the 130-key Aloft Tampa Downtown located at 100 West Kennedy Blvd in Tampa, Florida.
Source: New feed