The Williamsburg Hotel in Brooklyn, NY Sold for $96 Million

The eight-story brick tower, which opened as The Williamsburg Hotel in 2017, is located at 96 Wythe Ave. on the corner of North 10th Street in the heart of Brooklyn's cultural district for music, art, nightlife, dining, shopping, prime real estate and more.
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Rocco Forte Hotels to Open Hotel 2024 in Porto Cervo, Sardinia

Formerly known as Hotel Le Palme, the resort is located in Liscia di Vacca, Porto Cervo, on what is known as Costa Smeralda. Patrizia Pozzi and Efisio Onali designed the resort landscape and architectural concept, while Patricia Urquiola has been appointed to the interior design.
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District Taco Signs Multiple Franchise Deals Nationwide

District Taco is continuing their expansion after signing development deals nationwide. District taco currently has 14 locations open throughout Washington, D.C., Maryland, Virginia and Pennsylvania. The company plans to open 10 to 15 franchised locations each year, hitting 80 locations by 2027.
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DoubleTree by Hilton Jeddah Al Andalus Mall to Open by 2024

Hilton (NYSE: HLT) today announced the signing of a management agreement for a new hotel in Jeddah. The hotel is owned by AlAhli REIT Fund (1), a listed investment fund managed by SNB Capital. In the coming years, Hilton expects to grow its portfolio in Saudi Arabia to more than 75 hotels.
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