The property is located in a strong retail corridor in Florida and is corporate-operated under a triple net lease with approximately 6 years of term remaining.
Source: New feed
Author: hotelprojectdata
Hyatt Centric Brand Expands to Southeast Asia with the Opening of Hyatt Centric Kota Kinabalu in Malaysia
CHICAGO (October 20, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Kota Kinabalu, which marks the debut of Hyatt’s rapidly growing lifestyle brand in…
Source: New feed
Hyatt Regency Hainan Ocean Paradise Resort Welcomes Guests to Foster Connections Beside the Idyllic South China Sea
CHICAGO (October 20, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Hainan Ocean Paradise Resort. The hotel is the stunning centerpiece of the new Hainan…
Source: New feed
Aloft Sugarloaf Hotel in Northeast Atlanta Sold
The RADCO Companies (RADCO) has acquired Aloft Sugarloaf in Atlanta, a newly developed five-story, 112-key hotel located directly off I-85, one of the nation's busiest interstates. Additional terms of the deal were not disclosed.
Source: New feed
Interest Rates, Financing Likely To Put a Cap on Potential Hotel Deals – CoStar
Higher interest rates and limited financing make doing deals more difficult, despite high interest.
Source: New feed
Marriott International to Acquire Mexican City Express Brand
With the acquisition Marriott is poised to become the largest hotel company in the Caribbean and Latin America
Source: New feed
Jack in the Box Builds Upon Strong Franchise Development Momentum with Opening of Brand New Prototype
Recently Opened Restaurant in Tulsa is First to Feature Burger Brand’s New Store Layout
Source: New feed
Okura Resort & Spa Phu Quoc to Open 2027 in Vietnam
Hotel Okura Co., Ltd. announced that the Okura Resort & Spa Phu Quoc will open in 2027 at the premier resort of Long Beach on Phu Quoc Island in Vietnam. The company has contracted with Trading Construction Works Organization to manage the new property.
Source: New feed
Accor Signs New Dual-branded 354 Room Mercure & Ibis Hotel in Bangkok
Accor has signed a management agreement for a new dual-branded hotel in Thailand’s capital. Mercure & ibis Bangkok Siam Ratchathewi is slated to open in 2025.
Source: New feed
Extended Stay America Announces Deal for 15 Extended Stay America Premier Suites
New construction properties will be located in major cities across the Western United States
Source: New feed