The property is located in a strong retail corridor in South Carolina and occupied under a long-term, triple net lease with approximately ten years of term remaining.
Source: New feed

Thompson Palm Springs is expected to open in late 2023 and will offer panoramic views of the San Jacinto Mountains and the city of Palm Springs.
Source: New feed

Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has successfully refinanced its mortgage loans for the 157-room La Posada de Santa Fe in Santa Fe, New Mexico, which had a final maturity date in November 2023, and the 252-room Hilton Alexandria in Alexandria, Virginia, which had a final maturity date in June 2023.
Source: New feed

Agreement Expected to Significantly Improve Cash Position, Access to Growth Capital, Increase Margins, and Future Cash Flows
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CHICAGO (May 22, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today plans for the 168-room Thompson Palm Springs, which will join the award-winning luxury lifestyle Thompson Hotels…

Source: New feed

JLL Hotels & Hospitality announced today that the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. has been completed. JLL represented the sellers in the sale of their ownership stake.
Source: New feed

Ramsay’s Kitchen and Gordon Ramsay Fish & Chips to Open Inside Silver Legacy Resort Casino
Source: New feed

Four Seasons Hotels and Resorts is concluding management of Palazzo Tornabuoni Firenze as of December 31, 2023 on expiration of the current term of its agreement.
Source: New feed

Shaner Hotels today announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pa. Shaner also will operate the property and plans to implement $1.2 million in renovations to completely remodel guest rooms.
Source: New feed

Novotel Melbourne Box Hill will feature 132 guestrooms, conference and events facilities including a 200-capacity ballroom.
Source: New feed