The Clarion Hotel Airport in Portland, Maine, a 149-room property, has been sold with JLLÕs Hotels & Hospitality Group representing the seller.
Source: New feed
Author: hotelprojectdata
JLL Sells Tabac-n Thermal Resort & Spa in Costa Rica for $111 Million
JLL’s Hotels & Hospitality Group has completed the $111 million sale of the Tabac-n Thermal Resort & Spa in Costa Rica to Pursuit Attractions.
Source: New feed
Sonesta Essential Hotels Baton Rouge Airport Sold to Texas-Based Buyer
HVS Brokerage & Advisory has finalized the sale of the 77-key Sonesta Essential Hotels Baton Rouge Airport to Brothers Hospitality LLC.
Source: New feed
TFE Hotels Announces UK Market Entry with Two Adina Apartment Hotel Openings
TFE Hotels will open two Adina-branded apartment-hotels in Cambridge and Glasgow in the third quarter of 2025.
Source: New feed
IHG Signs Agreement for Vignette Collection Hotel in Venice
IHG Hotels & Resorts has signed an agreement with Pacini Group to rebrand The Venice Times as part of the Vignette Collection, with completion expected by the end of 2025.
Source: New feed
M2G Ventures Launches Hospitality Division
Chris Hanrattie has been appointed as Managing Director, Head of Hospitality, to lead this new venture.
Source: New feed
Whitbread Completes Structural Phase of New Manchester Premier Inn
Whitbread has completed the structural phase of a new 229-room Premier Inn hotel on Rochdale Road in Manchester, with an opening scheduled for autumn 2026.
Source: New feed
Las Vegas Sands Begins Construction on New $8 Billion Development in Singapore
Las Vegas Sands has started construction on an $8 billion resort and entertainment complex in Singapore, featuring a 55-storey hotel tower and a 15,000-seat arena.
Source: New feed
IHG to Open Crowne Plaza Hotel in Madinah in 2026
IHG Hotels & Resorts has announced the signing of Crowne Plaza Madinah Al Haramain, a 383-room hotel set to open in 2026 in Madinah, Saudi Arabia.
Source: New feed
Sub-$50 Million Hotel Deals Dominate U.S. Market Amid Economic Uncertainty
Hotel transactions under $50 million are leading the U.S. market, driven by economic factors and investor strategies.
Source: New feed