JLL worked on behalf of the seller, Ram Hotels.
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JLLÕs Hotels & Hospitality group announced today that it arranged the sale of the historic El Tropicano River Walk Hotel, the first purpose-built hotel located on San AntonioÕs famed River Walk.
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IHG Hotels & Resorts has announced the signing of a management agreement to open voco & Suites Jeddah, in partnership with Rusd Group. With project currently in advance stages of construction, the new built hotel is set to open its doors in September 2024.
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Built to accommodate guest stays of 20 nights or more, the lower midscale, extended‑stay solution already has more than 350 deals in various stages of negotiation
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With architecture by the internationally renowned firm eco.id, the new-build Four Seasons Resort Zanzibar will include 60 private villas with one to three-bedroom configurations. Accommodations will feature interior design by MOMA and eco.id, each with uninterrupted views of the Indian Ocean across the 126-acre (50-hectare) beachfront property.
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The portfolio of hotels, featuring Marriott, Hilton, IHG and independent hotels, is located in major urban centers across Canada, including the Greater Toronto Area (specifically Toronto, Mississauga, Markham, Vaughan), Ottawa, Halifax, and Sudbury.
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Travelodge, the UK’s first budget hotel brand which operates nearly 600 hotels, today announces that it has exchanged contracts to acquire 66 Travelodge-branded hotels on a freehold and long leasehold basis from its largest landlord, LXi REIT plc, for a combined sum of £210 million.
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Rentyl Resorts announced its collaboration with DaVinci Hospitality Group and Ferrari Group to brand and manage a new boutique hotel at 2814 Collins Avenue, Miami Beach.
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A summary of European hotel transactions provided by HVS
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Six Senses Grand Bahama offers a luxury resort village, including 64 resort villas designed by renowned architects, 3XN, and 28 striking branded residences designed by the acclaimed, Olson Kundig, with unfettered views and waterfront access, providing an exclusive home-away-from-home experience for owners.
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