The two properties in Westminster, Central London, and Oxford City Centre have generated a net initial yield of 4.25%, bringing in £56 million for the company.
Source: New feed
Month: October 2024
Hilton Palm Cove Cairns Resort & Spa to Open in 2026
The new resort, Hilton Palm Cove Cairns Resort & Spa, will be Hilton’s third property in Far North Queensland. The company signed a management agreement with Tyche Asset Management to develop the 140-room resort.
Source: New feed
Hilton Unveils Plans for its First Udaipur Property: Hilton Udaipur Hotel Slated to Open in 2026
Hilton announced today that it will open its first hotel in Udaipur, known as the ‘City of Lakes.’
Source: New feed
InterContinental Phang-Nga Bay Resort Set to Open in 2028
IHG Hotels & Resorts is set to further expand in Thailand with the addition of a new luxury resort. The InterContinental Phang-Nga Bay Resort, due to open in 2028, will be situated in the scenic region of Samet Nangshe in Phang-Nga.
Source: New feed
APF Acquires $133M Stake in Goldman Sach's Major Hotel Portfolio Refinance
The portfolio involved in this transaction includes 24 properties throughout the United States, most of which are branded as Embassy Suites by Hilton.
Source: New feed
Dallas Spearheads U.S. Hotel Expansion Surge with Record-Breaking 194 Projects
Dallas leads the nation in hotel construction with a record-breaking 194 projects, closely followed by Atlanta, Nashville, Phoenix, and Austin
Source: New feed
Hyatt Centric Cairo West Opens its Doors and Welcomes Guests to a Vibrant Lifestyle and Art-Focused Stay Experience
CHICAGO (October 29, 2024) – Hyatt Centric Cairo West proudly announces its debut as the first art-centered lifestyle hotel in Cairo, offering a contemporary stay that embodies the rich cultural…
Source: New feed
NEOM Unveils Sindalah: A Luxurious Island Destination in the Red Sea
By 2028, it is expected to generate approximately 3,500 jobs and host up to 2,400 guests per day.
Source: New feed
Wyndham Hotels Partners with Reside to Launch Residence-Style Accommodations in the U.S.
The partnership aims to bring five upscale, residence-style accommodations to various urban locations across the U.S., including Houston and Washington D.C.
Source: New feed
Hyatt Hotels and Grupo Pi-ero Joint Venture Adds 12,000 rooms to Hyatt Portfolio
Upon completion of the deal, 23 resorts with over 12,000 rooms, including 22 Bahia Principe Hotels & Resorts properties in the Dominican Republic, Mexico, Jamaica, and Spain, as well as the exclusive Cayo Levantado Resort in the Dominican Republic, will be added to HyattÕs Inclusive Collection.
Source: New feed