HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire both the 101-key SpringHill Suites by Marriott Baytown and the 81-key TownePlace Suites by Marriott Baytown.
Source: New feed
Month: January 2024
Highgate to Manage Le Meridien Central Park Hotel in New York City
Highgate announced today that it has assumed management of the landmark Joule in Dallas and Le Meridien Central Park in New York City and will be managing the upcoming Amrit Ocean Resort in Singer Island, Monterey Beach Hotel and the redevelopment of the Bellevue Hotel Philadelphia, which will all open in 2024.
Source: New feed
Construction Financing Secured for 296 Key AC Hotel / Element by Westin Hotel in Boise, Idaho
The AC Hotel consists of 175 guest rooms and the Element by Westin has 121 guest rooms. The 15-story hotel is located at W. Grove Street and 10th Street in Downtown Boise and features a rooftop bar and restaurant showcasing the Boise skyline.
Source: New feed
Development of the Hyatt Centric Soalteemode Kathmandu Hotel Announced
Hyatt Place Kathmandu to be fully transformed into a 153-room Hyatt Centric hotel centrally located in the city of Kathmandu
Source: New feed
Al Faisaliah Hotel Officially Rebranded As Mandarin Oriental Al Faisaliah, Riyadh
Al Faisaliah Hotel has officially rebranded as Mandarin Oriental Al Faisaliah, Riyadh. This marks Mandarin Oriental Hotel Group’s debut in the Kingdom.
Source: New feed
Hilton Grand Vacations Acquires Bluegreen Vacations for $1.5 Billion
The all-cash transaction, with total consideration of approximately $1.5 billion, inclusive of net debt, broadens HGV’s offerings, customer reach and sales locations, creating a premier vacation ownership and experiences company.
Source: New feed
263 Room Dual Branded Home2 Suites and Tru by Hilton Hotel in San Diego, Calif Obtains $73 Million in Construction Financing
Baxter Hotel Group plans to begin construction on its 16-story, dual-branded hotel this month and expects a 22-month construction timetable.
Source: New feed
THE RIG – a Large Scale Tourism Destination on an Offshore Platform Announced for Saudi Arabia
The range of hospitality, leisure, entertainment and accommodation options provided by THE RIG. include three hotels totaling 800 rooms, along with 11 restaurants, an extreme sports and adventure park, a world-class marina, and helipads.
Source: New feed
Hard Rock Hotel and Residences at Lake Texoma, Texas to Begin Construction in March 2024
The Hard Rock Hotel and Residences will be located within the Pointe Vista development, joining a 2,700-acre master-planned resort community featuring over 19 miles of shoreline, a golf course, enclosed waterpark, family entertainment center, amphitheater, casino and more. The project is expected to create over 9,000 jobs in the area.
Source: New feed
Hyatt Announces Plans for First Hyatt Centric Hotel in Nepal with Hyatt Centric Soalteemode Kathmandu
CHICAGO (January 16, 2024): Hyatt Hotels Corporation (NYSE: H) today announced an agreement between a Hyatt affiliate and City Hotel Limited to transform Hyatt Place Kathmandu into the planned…
Source: New feed