he property is in a highly trafficked corridor in Florida and is corporate-operated under a triple net lease with approximately three years of term remaining.
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Today, Hilton (NYSE: HLT) announced the signing of the first Waldorf Astoria Hotels & Resorts property in Costa Rica, the new-build Waldorf Astoria Guanacaste, currently under construction and expected to open in 2025.
Source: New feed
Under Canvas today announced the introduction of ULUM; a new, safari-inspired, outdoor resort brand that will welcome guests for stays beginning March 2023.
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Casa Baglioni will open its doors on 16 January 2023 in the elegant Brera district, the artistic heart of Milan, in an Art Nouveau palazzo from 1913 on the corner of Via dei Giardini and Via Fatebenefratelli.
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Tommy Bahama is partnering with Lowe to execute and present the Tommy Bahama Miramonte Resort & Spa. CoralTree Hospitality, a wholly owned subsidiary of Lowe, will continue to manage the property, with Tommy Bahama's parent company, Oxford Industries, Inc. (NYSE: OXM), making a minority equity investment in the project.
Source: New feed
Hodges Ward Elliott arranged the sale of the Holiday Inn Hotel & Suites Stockbridge Atlanta I-75, a 112-key, five-story hospitality asset located in Stockbridge, GA, part of the Atlanta metro market.
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Hyatt Hotels Corporation (NYSE: H) today announced plans for the expansion of Hyatt’s Inclusive Collection to Portugal with Dreams Madeira Resort Spa & Marina.
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BurgerFi International Inc. (Nasdaq: BFI, BFIIW) announced today it has entered into a multi-unit development agreement with NDM Hospitality Services, LLC. The agreement will franchise three Anthony's locations in Florida over the next two years.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Along with expanding its brick-and-mortar presence in non-traditional locations, such as airports, truck stop plazas, college campuses, convenience and gas stores and hospitals, Subway is rolling out flexible, innovative platforms that give franchisees an opportunity to expand their portfolios and better serve their 'on-the-go' guests.
Source: New feed