Radisson Hotel Group has had a strong H1 2023 with strategic growth across the portfolio being delivered in APAC and in EMEA with milestone openings and signings.
Source: New feed
Author: hotelprojectdata
FCPT Closes Acquisition of 13 Darden Restaurant Properties for $79.5 Million
Announces Year-to-Date Acquisition Volume Totals of $269.1 Million
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The Ritz-Carlton, Naples, FL Reopens Following Expansion and Renovation Program
The Ritz-Carlton, Naples has unveiled a dramatic transformation including the addition of the new Vanderbilt Tower, which features an expansive new Ritz-Carlton Club Lounge and more than seventy club-level guestrooms, along with a new resort lobby, and three new dining experiences.
Source: New feed
Transat Sells Land in Puerto Morelos, Mexico, for US$38 Million to Finest Resorts
Transat A.T. Inc. entered into a sale and purchase agreement for its land property located in Puerto Morelos, Mexico, for US$38 million to Finest Resorts, a luxury resort group, part of The Excellence Collection.
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HVS Webinar: Higher Interest Rates Are Here to Stay but the 'Old Normal' Will Come Back – By Russell Kett
In the latest of HVS’s series of webinars, 425 attendees heard a topical discussion from a line-up of expert speakers on the current status of debt finance within the Hotel sector.
Source: New feed
Busselton Beach Resort in Australia Sold
The Bussleton Beach Resort has changed hands following the end of a 40-year timeshare arrangement.
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Novotel & Ibis Melbourne Central Hotel Sold for $170 Million
Legend Land’s acquisition of the 472-room Novotel & ibis Melbourne Central represents the largest hotel transaction in Melbourne in over six years and highlights the confidence international capital has in Australia’s hotel sector outlook.
Source: New feed
Hilton San Diego Gaslamp Hotel Completes $22.5 Million Dollar Renovation Project
Award-winning design firm waldrop+nichols studio based in Texas, created a contemporary casual California aesthetic featuring artistic and playful elements of the Gaslamp Quarter's early inhabitants.
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Mondrian Park Avenue Hotel in Manhattan Sold to Global Holdings
Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, yesterday announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood.
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Marriott Cleveland University Circle Hotel Sold for $31 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the acquisition of the newly renovated Courtyard by Marriott Cleveland University Circle for $31 million, or approximately $201,000 per key.
Source: New feed