Set to open in late 2025, Cambridge House, Auberge Resorts Collection, is part of Reuben Brothers’ £1 billion regeneration of 1.3 prime acres of the Piccadilly Estate.
Source: New feed
Month: July 2024
IHG Hotels & Resorts Accelerates Presence in Spain with Four New Signings
IHG Hotels & Resorts (IHG) yesterday announced the signing of four new properties in Spain, adding over 500 rooms across key mature markets in desirable destinations.
Source: New feed
Victorian Building at Hotel Del Coronado Now Accepting Reservations for March 2025 Following $160 Million Renovation
Over $160 million has been invested to revitalize the Victorian building, and the opening of its guest rooms will mark an important milestone in Blackstone’s more than $550 million restoration plan.
Source: New feed
B&B HOTELS Takes over Five Additional Hotels in the U.K.
B&B HOTELS, has taken a further significant step toward fulfilling its ambitious growth plans in the United Kingdom with the takeover of five hotels at locations in Birmingham City Centre, Ipswich, Inverness, Warrington and Derby.
Source: New feed
Historic Hotel Viking, Located in Newport, Rhode Island Receives $72 Million in Financing
Smith Hill Capital and Bain Capital Special Situations announced this week that their joint venture originated and executed a $72 million first mortgage loan to KSL Capital Partners to refinance Hotel Viking, located in Newport, Rhode Island.
Source: New feed
Asyatt. Inc. Begins 2 Billion Yen Fundraising for Snow Resort Hospitality
This fundraising targets businesses and funds interested in the luxury market, resorts, and regional revitalization through inbound tourism.
Source: New feed
The Victoria, a Multi Tower, 30-story Project That Includes a Marriott-branded Renaissance Hotel, Receives $148 Million Refinancing
Walker & Dunlop, Inc. announced yesterday that it arranged $148,000,000 in loan proceeds to refinance The Victoria, a multi tower, 30-story project built around Harlem’s Victoria Theater redevelopment.
Source: New feed
Marriott International and Eagle Hills Sign Agreement to Bring Ritz-Carlton Reserve to Ramhan Island, Abu Dhabi
Anticipated to open on Ramhan Island, an exclusive waterfront destination in Abu Dhabi, the property will offer a secluded escape complete with expansive views across the azure waters of the Arabian Gulf.
Source: New feed
Lorien Hotel & Spa in Alexandria, VA Sold for $30 Million
Xenia Hotels & Resorts, Inc. (NYSE: XHR) yesterday announced it has completed the disposition of the 107-room Lorien Hotel & Spa in Alexandria, VA, for $30 million, or approximately $280,000 per key.
Source: New feed
HVS Europe Hotel Transactions Bulletin Week Ending 5 July 2024
A summary of European hotel transactions provided by HVS
Source: New feed