IHG to Open InterContinental Vilamoura Ð Algarve in Portugal in 2027

IHG Hotels & Resorts has signed an agreement with HDP Algarve SA to open InterContinental Vilamoura Ð Algarve in Vilamoura, Portugal, with the hotel scheduled to open in April 2027 following a renovation of the existing Crowne Plaza property.
Source: New feed

Hyatt Regency San Francisco Sold for $279 Million

Sunstone Hotel Investors has entered into a definitive agreement to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for a gross sale price of $279 million.
Source: New feed