The all-cash transaction, with total consideration of approximately $1.5 billion, inclusive of net debt, broadens HGV’s offerings, customer reach and sales locations, creating a premier vacation ownership and experiences company.
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Author: hotelprojectdata
263 Room Dual Branded Home2 Suites and Tru by Hilton Hotel in San Diego, Calif Obtains $73 Million in Construction Financing
Baxter Hotel Group plans to begin construction on its 16-story, dual-branded hotel this month and expects a 22-month construction timetable.
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THE RIG – a Large Scale Tourism Destination on an Offshore Platform Announced for Saudi Arabia
The range of hospitality, leisure, entertainment and accommodation options provided by THE RIG. include three hotels totaling 800 rooms, along with 11 restaurants, an extreme sports and adventure park, a world-class marina, and helipads.
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Hard Rock Hotel and Residences at Lake Texoma, Texas to Begin Construction in March 2024
The Hard Rock Hotel and Residences will be located within the Pointe Vista development, joining a 2,700-acre master-planned resort community featuring over 19 miles of shoreline, a golf course, enclosed waterpark, family entertainment center, amphitheater, casino and more. The project is expected to create over 9,000 jobs in the area.
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Hyatt Announces Plans for First Hyatt Centric Hotel in Nepal with Hyatt Centric Soalteemode Kathmandu
CHICAGO (January 16, 2024): Hyatt Hotels Corporation (NYSE: H) today announced an agreement between a Hyatt affiliate and City Hotel Limited to transform Hyatt Place Kathmandu into the planned…
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MEININGER Hotel Wien Downtown Franz Extends Contract by 20 Years
MEININGER Hotel Wien Downtown Franz is to be renovated in 2024 following the prolongation of the contract until 2043.
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Hotel Artesia in Artesia, New Mexico Sold
HVS Brokerage & Advisory announces the sale of the 51-key Hotel Artesia, located at 203 North 2nd Street, Artesia, New Mexico, 88210.
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Baccarat Hotel and Residences Dubai Breaks Ground
Luxury mixed-use development to open in 2026
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The Royalton in New York City Joins LuxUrban Trademark Collection by Wyndham
LuxUrban Hotels Inc. (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that The Royalton by LuxUrban, Trademark Collection by Wyndham is expected to begin welcoming guests on or before January 30, 2024.
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Crowne Plaza Mawson Lakes Hotel to Open in Adelaide During the Second Half of 2024
Originally announced as a 130-room Holiday Inn & Suites, the Mawson Lakes property in Adelaide has undergone a transformation during the development phase and is now positioned in the upscale space, with higher than anticipated demand coming from corporate, leisure, and conference and event customers.
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