For some hoteliers, the concepts of peak and off-peak seasons are no longer as relevant as they once were. Thanks to unrelenting pent-up demand, many popular destinations can no longer discern a marked lull in business at certain times of the year.
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The Ritz-Carlton, Gold Coast,, will serve as an integral component of a $480 million new waterfront development at Mariner’s Cove, set to reinvigorate Australia’s sixth largest city as a luxury travel destination.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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PLANTA Group launches to become premier hospitality collective of plant-based dining experiences
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ME by Meliá will debut in Guadalajara and Gran Meliá in Rivera Nayarit
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The six-acre coastal property, The Residences will feature a pair of 12-story boutique buildings known as the Tower Residences, which will overlook the Gulf and Lagoon; two mid-rise buildings called the Bay Residences, which will feature views of the Lagoon and an adjacent, 22-slip full-service marina; and a fifth mid-rise building called the Park Residences, which will be adjacent to a private park.
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HREC Investment Advisors and HREC Capital Markets Group announced the sale and financing of the 319-guest room Hilton New Orleans Airport located in Kenner serving New Orleans, Louisiana.
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Braemar Hotels & Resorts Inc. (NYSE: BHR) today announced it has entered into a definitive agreement to acquire the 210-room Four Seasons Resort Scottsdale at Troon North.
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The hotel was purchased by Venture One Hospitality LLC, based in Louisiana, from Shadowbriar Hospitality LLC, based in Houston, Texas. The buyer has secured a long-term franchise license agreement with Wyndham.
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The hotel will be housed within the historic Conjunto Aristos complex, an architectural masterpiece and a Mexico City Heritage Site designed by famed architect José Luis Benlliure Galán.
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