The Nairobi Safari Club, situated in the heart of Nairobi's Central Business District, will be rebranded as ‘Nairobi Safari Club by Swiss-Belhotel’.
Source: New feed
Author: hotelprojectdata
HVS Europe Hotel Transactions Bulletin Week Ending 20 October 2023
A summary of European hotel transactions provided by HVS
Source: New feed
Hilton Garden Inn Atlanta Downtown in Atlanta, Georgia Receives $40M Refinancing Loan
PMZ Realty Capital LLC announced today they have arranged a $40M refinancing loan for the Hilton Garden Inn Atlanta Downtown in Atlanta, Georgia. A European bank provided the five-year interest-only loan.
Source: New feed
Accor Extended Stay Market Portfolio at 380+ Hotels and 45,000 Keys
Accor today shared an update on its market leading position in the global extended stay, serviced apartments and private rentals segments including new destinations for its brand.
Source: New feed
Loan Maturities Open Up Lending Opportunities in the Hotel Industry – CoStar
Members of the Lodging Industry Investment Council discussed the state of lending at The Lodging Conference 2023.
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Construction Starts on a New 113 Room Chiswick (West London) Travelodge Hotel
This is the group’s fourth hotel currently being built in London. The other three new-build hotels are being constructed at the Kia Oval Cricket Ground, in Bermondsey and in Beckenham
Source: New feed
Choice Hotels CEO Expects Wyndham Executives to Return to the Negotiating Table – Yahoo
Choice Hotels CEO Pat Pacious is ready to book a stay inside the boardroom of budget hotel rival Wyndham to conduct some due diligence.
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The Siegel Group Acquires Sunstyle Suites Inn Located in Orlando, Florida for $10.33 Million
The Siegel Group announced today that it had acquired the former Sunstyle Suites Inn located in Orlando, Florida. The property, which closed in a quick 30 day off-market transaction, was purchased for $10.33 million.
Source: New feed
Kalahari Resorts & Conventions Breaks Ground on 1.38 Million-square-foot Resort in Thornburg, Spotsylvania County, Virginia
Kalahari Resorts and Conventions broke ground in Spotsylvania County, Virginia — it’s fifth resort — on Friday, October 20, 2023. The ceremony marked the beginning of the construction of the 1.38 million-square-foot resort, estimated to open its doors to the public in 2026.
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Residence Inn by Marriott Seattle South/Renton Sold for $55.5 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has completed the acquisition of the 146-room Residence Inn by Marriott Seattle South/Renton for approximately $55.5 million, or $380,000 per key.
Source: New feed