Angelo Gordon and Westmont initially invested in Room Mate in April 2022 to support the business and provide it with additional working capital. In order to fully restructure its debt, on June 24, 2022, Room Mate filed for insolvency with Commercial Court No. 14 of Madrid, which today approved the sale of the productive unit to Angelo Gordon in partnership with Westmont.
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The 104-room SeleQtions hotel is strategically located in Baikunthpur, adjacent to National Highway-91, and will be well connected to Kanpur’s airport and railway station.
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Lodging investment picked up in Q2 which saw approximately 25 transactions totaling $375 million with a boost from a handful of full-service and portfolio trades.
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Capriotti's intends to purchase up to 100 Piestro Pods Within Five Years of Unit Availability
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Anantara Hotels, Resorts & Spas announces the upcoming addition of a new resort in Brazil. The launch of Anantara Mamucabo Bahia Resort will represent the debut of the luxury brand both in Brazil and in South America.
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The 14 all-inclusive TRS Hotels and Grand Palladium Hotels & Resorts managed by Palladium Hotel Group are located in Mexico, Dominican Republic, Jamaica, and Brazil.
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Situated on the banks of River Clyde, the hotel will feature 240 Chambers spanning across 15 floors, and hosts four dining and drinking options including, playful and sophisticated Commons Club, Virgin Hotels' flagship restaurant and bar that acts as a modern-day social club.
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New development is on track to open in early 2024, adding 888 rooms and 266,000 square feet of function space to Arlington's Entertainment District
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Set to open in January 2023, IHG is working with long-standing business partner ANA Hotels, one of the largest Romanian-based hotel owners, to create a truly iconic hotel in the heart of Bucharest. ANA Hotels has owned and operated IHG’s Crowne Plaza Bucharest for many years.
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Located in the heart of downtown Morgantown and just steps from West Virginia University’s main campus, Scholar Morgantown, Tapestry Collection by Hilton features 41 guest rooms and a business center, fitness center and lobby marketplace.
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