DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm, and Randy B. Taylor, Vice President Investments, arranged the sale of the 90-room Comfort Inn & Suites Fort Myers Airport for an undisclosed price on December 22, 2022, and the 104-room Ramada by Wyndham Davenport Orlando South on December 28, 2022.
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Author: hotelprojectdata
Subway Explores Sale at over $10 Billion – Reuters
Sandwich chain Subway is exploring a sale of its business, a source told Reuters on Wednesday.
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Miranda De Pedralbes, a Gran Meliá Hotel Announced for Barcelona
Meliá Hotels International announced a long-term agreement to manage the former Rey Juan Carlos Hotel in Barcelona.
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Hyatt Announces the Opening of Hyatt Regency London Albert Embankment
CHICAGO (January 12, 2023) – Hyatt Hotels Corporation (NYSE: H) today announces the opening of Hyatt Regency London Albert Embankment. The 142-room hotel marks the eighth Hyatt-branded property…
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Nobu Hospitality to Open Five New Hotels in 2023
Nobu Hospitality will open five new hotels in 2023, including Rome, Marrakech, Atlantic City, San Sebastián, and Toronto.
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Hilton Launches Spark by Hilton Brand
Hilton’s portfolio extends into the premium economy category with more than 100 deals already in various stages of development
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Four Seasons Resort and Residences at The Pearl-Qatar to Open This Spring
Four Seasons Resort and Residences at The Pearl-Qatar is located on a private beach at the end of Porto Arabia Drive, just steps from the community’s Mediterranean-style town square and numerous restaurants, shops, art galleries and family entertainment.
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Rook at South Boston Hotel to Open Summer 2024 in South Boston, Virginia As Part of the Ascend Hotel Collection
Choice Hotels International, Inc. (NYSE:CHH) has finalized an agreement with The Brittano Group, Inc. to develop a new member of the Ascend Hotel Collection in South Boston, Virginia: The Rook Hotels.
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Courtyard Dallas Grand Prairie Hotel in Grand Prairie, Texas Sold
MCR has acquired the Courtyard Dallas Grand Prairie, a four-story, select service hotel with 120 rooms in Grand Prairie, Texas. The hotel was purchased with acquisition financing from American Momentum Bank in place, at a rate of SOFR plus 260 basis points and a 65% loan to value.
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Highgate Launches HG Portugal with 18 Hotels
HG Portugal begins with a portfolio of 18 hotels spanning the Algarve, Lisbon, Porto, and several other markets throughout Portugal. The portfolio includes hotels operating within the Hilton and IHG brand families, as well as several noteworthy independent hotels such as Cascade Resort, Salgados Palace, and Sao Rafael Atlantico.
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