CHICAGO (December 8, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of Caribe Hospitality S.A. for…

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A summary of European hotel transactions provided by HVS
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The project is expected to create approximately 900-1,000 construction-specific jobs and will be managed by TN Ward and Berwil Construction. Once the permanent location opens, the casino is expected to create over 1,200 full-time and part-time jobs.
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From International Luxury Travel Market (ILTM) Cannes, Marriott International, Inc., today announced plans to introduce more than 35 luxury hotels in 2023.
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Located at 4101 Fountain Square Place, the 120-suite hotel offers guests convenient access to Naval Station Great Lakes, Six Flags Great America & Hurricane Harbor, Gurnee Mills Mall, Waukegan Municipal Beach and numerous shopping, dining and entertainment options.
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IHG Hotels & Resorts announced the recent signing of Convent Square Hotel Lisbon – Vignette Collection, and Crowne Plaza Caparica Lisbon.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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LXR expands its development pipeline with three new APAC and Middle East openings.
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The property was purchased by 125 West Lamar LLC, a wholly owned subsidiary of Edgewater Valley Forge Fund III LP, an affiliate of Edgewater Group LLC.
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Langham Hospitality Group continues its expansion with a new management agreement for The Langham in Diriyah, located 15 minutes from downtown Riyadh in Saudi Arabia with the Diriyah Gate Development Authority (DGDA).
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