Chatham Lodging Trust (NYSE: CLDT) today announced the closing of the sale of the 180-room Hilton Garden Inn Denver Tech Center for approximately $18 million.
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Expected to open in 2027, the resort will be a unique destination, combining an upscale hotel, a premier meeting and convention space, a state-of-the-art entertainment venue, internationally renowned food and beverage, luxurious Rock Spa and Pool Complex, and a high-end retail promenade.
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Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062 deals announced during the previous year, according to GlobalData.
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The European hotel group extends contract with landlord GalCap by 20 years and sets to renovate its hotel on Schiffamtsgasse in Vienna, Austria.
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All-new Hotel within a high rise building in the city’s harbourside Donggang Business District offers sweeping city and sea views, luxurious accommodations, destination restaurants and bars, a sky-high spa and wellness centre, and extensive event spaces for meetings and celebrations
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Calls Out Wyndham’s Campaign of Disinformation – Reiterates Commitment to Completing Pro-Competitive, Pro-Franchisee, and Pro-Guest Combination
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Lake Jackson is situated approximately 55 miles south of Houston, and its economy is anchored by the petrochemical industry.
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JLL worked on behalf of the seller, Ram Hotels.
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JLLÕs Hotels & Hospitality group announced today that it arranged the sale of the historic El Tropicano River Walk Hotel, the first purpose-built hotel located on San AntonioÕs famed River Walk.
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IHG Hotels & Resorts has announced the signing of a management agreement to open voco & Suites Jeddah, in partnership with Rusd Group. With project currently in advance stages of construction, the new built hotel is set to open its doors in September 2024.
Source: New feed