New-Build Hotel Breaks Ground in Squamish, British Columbia

Local entrepreneur and developer Rodney Wilson will soon break ground on Beldi, a 48-key boutique hotel in Squamish, British Columbia. Independent hotel management company Life House will oversee operations.
Source: New feed

Hilton Announces Six New Hotels for Europe

Hilton (NYSE: HLT) announced plans to open six hotels under its focused service brands in Germany, Italy, the U.K. and Poland as part of significant growth for the brands’ European portfolios.
Source: New feed

96 Room Kimpton Goodland Hotel Ft. Lauderdale Beach Sold for $35.3 Million

Banyan Investment Group (BIG), an Inc. 5000-recognized, hotel investment company that acquires hotels in the United States, today announced the sale of the 96-room Kimpton Goodland Hotel Fort Lauderdale Beach in Fla., to DiamondRock Hospitality Company for $35.3 million.
Source: New feed

Hyatt Announces All-inclusive Resort Collection

Brands included are Hyatt Ziva resorts, Hyatt Zilara resorts, Zoëtry Wellness & Spa Resorts, Secrets Resorts & Spas, Breathless Resorts & Spas, Dreams Resorts & Spas, Vivid Hotels & Resorts (coming soon), Alua Hotels & Resorts and Sunscape Resorts & Spas.
Source: New feed

Hyatt Reports First Quarter 2022 Results

CHICAGO (May 10, 2022) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first quarter 2022 financial results. Net loss attributable to Hyatt was $73 million, or $0.67…

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Watermark Lodging Trust Sold for $3.8 Billion

Watermark Lodging Trust, Inc. announced on Friday that it has entered into a definitive agreement with private real estate funds managed by Brookfield, under which Brookfield will acquire all of the outstanding shares of common stock of Watermark.
Source: New feed