CHICAGO (XX, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that affiliates of Hyatt and ALDAU Development have entered into a franchise agreement to bring the full-service lifestyle…
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Located within the growing Miami community of the same name, EVEN Hotel Sweetwater – Doral is projected to open in time for the summer travel season in 2024.
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Accor and Polski Holding Hotelowy Group announced a partnership to implement their first joint venture. Next year, Interferie Hotel Medical Spa Świnoujście, operated by PHH Group, will welcome its first guests under the Mövenpick brand from Accor's portfolio.
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Italian Ministry of Economy and Finance and Deutsche Lufthansa AG agree on a minority stake in ITA Airways – Deutsche Lufthansa AG will acquire 41 percent stake in ITA Airways through a capital increase of EUR 325m – with the option to acquire all remaining shares at a later date
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This most recent partnership highlights Hilton’s presence and growth in Saudi Arabia, where it currently operates 16 hotels – with another 51 in the pipeline and plans to grow its portfolio to more 75 hotels in the coming years.
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Own Your Own (OYO), the newest company from Hotjobs.com founder Richard Johnson, is designed to give entrepreneurs the opportunity to open new businesses and revitalize small towns across America, starting with Burgaw, North Carolina.
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Pebblebrook Hotel Trust (NYSE: PEB) announced that on May 24, 2023, it closed on the sale of the 125-room Hotel Vintage Seattle in Seattle, WA for $33.7 million to a third party.
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The investments are in select service and extended stay assets and are diverse between healthy cash generating assets mixed with value-add opportunities.
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Deal Would Increase Scale, but Analysts Say Numbers Don't Add Up
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HVS, as the sole and exclusive advisory firm to ownership, present thes opportunity to acquire the 136-key La Quinta Inn by Wyndham, a limited-service hotel asset in Clute, Texas.
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