Meliá Hotels International announced the development of the Meliá Bečići Budva Resort on the coast of Montenegro, located in one of the areas with the highest growth in tourism in the country. The hotel is expected to open in 2025.
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The 151 Key hotel will undergo significant renovations of its guestrooms, public spaces, and flagship restaurant and bar
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The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company M&A.
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Representing the Seller of this Highly-Sought-After Washington Franchise with Gas Station
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A summary of European hotel transactions provided by HVS
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The property is located in New York and is corporate-operated under a triple net lease with approximately four years of term remaining.
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CHICAGO (March 23, 2023) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release first quarter 2023 financial results on Thursday, May 4,…

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A host of banking issues is complicating matters for the Fed, but are there silver linings for commercial real estate?
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Choice Hotels International, Inc. (NYSE: CHH kicked off its inaugural HERtels by Choice Development Seminar with nearly 40 franchise owners, general managers, and hotel associates in attendance.
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Marriott International Celebrates 1,000 Hotels in Asia Pacific
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