The hotel is set to be part of the first tower in the $1.7 billion La Pelago project – a lifestyle resort and destination within the Budds Beach precinct.
Source: New feed

HVS Brokerage & Advisory announces the sale of the 74-key Comfort Suites Houston Chinatown, located at 7707 West Sam Houston Parkway South, Houston, Texas 77072.
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Summit Hotel Properties (NYSE: INN) has announced a partnership with Onera Escapes starting with the acquisition of a 90 percent joint venture interest in Onera Fredericksburg, a premium landscape hotel (glamping) asset located in Texas wine country, as well as a 90 percent interest in an adjacent land parcel for future expansion.
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Brand's First Ground-Up Location to Debut in North Carolina
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JLL’s Hotels & Hospitality Group has arranged ground-up construction financing for Graduate Auburn
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JLL Hotels & Hospitality Group has closed the sale of the select-service hotel portfolio spanning six states
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UAE-headquartered TIME Hotels has signed an agreement to manage 35 luxuy lodges in an equestrian eco-resort in Ifrane's National Park in Morocco's Atlas Mountains, its first property in the North African country.
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On 14 th November, 2022, Indies Capital Partners, a alternative asset manager in Southeast Asia, announced the acquisition of a 60% stake in PT Swiss- Belhotel International Indonesia and PT Zest Hotels International Indonesia from Ciputra Group Indonesia.
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Located in the heart of downtown Tempe, the hotel will feature 330 guest rooms, including 11 suites, four dining outlets, a spacious pool deck, retail, and nearly 36,000 square feet of flexible indoor and outdoor meeting spaces with expansive views of the ASU campus and the Arizona cityscape.
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The new Tempe Castle is scheduled to open in the first half of 2023
Source: New feed