With the acquisition of the Travelodge portfolio by Salter Brothers now complete, a total of 10 hotels have joined Accor's portfolio, including nine Mercure hotels and an ibis Styles property in Sydney's CBD.
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Author: hotelprojectdata
DoubleTree by Hilton Hotel in Downtown Tallahassee Sold
MCR has acquired the DoubleTree by Hilton Hotel Tallahassee, a 17-story, 242-room hotel in Florida’s state capital. The hotel was purchased as a real estate-owned asset from a special servicer and is the company’s seventh hotel in The Sunshine State.
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Holiday Inn Gurgaon NH 8 to Open Q1 2025 in India
IHG has signed a management agreement with Oriental Structural Engineers Pvt. Ltd. to develop a new Holiday Inn hotel – Holiday Inn Gurgaon NH 8 in the NCR region. The new-build property featuring 139 keys is expected to be operational by the first quarter of 2025.
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Radisson Resort Mui Ne to Open 2023 in Vietnam
Radisson Hotel Group announced the signing of a brand-new upscale resort in Mui Ne, the popular beachside destination on the country’s coast, just a short drive from Ho Chi Minh City.
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The Hyatt Regency brand enters the Pink City with Hyatt Regency Jaipur Mansarovar
CHICAGO (July 5, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Jaipur Mansarovar. The property underlines Hyatt’s focus on strengthening its brand…
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Triton Pacific Affiliate Acquires Portfolio of 27 Pizza Hut Restaurants for $8.7 Million
Tasty Brands, LP an affiliate of Triton Pacific, announcedlast week that its portfolio company, Tasty Hut, LLC, recently completed the acquisition of 27 franchised Pizza Hut restaurants, located across four states in the Appalachian region of the U.S.
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Ascott Buys Serviced Apartment Provider Oakwood Worldwide
The acquisition increases Ascott's global portfolio by 81 properties and about 15,000 units. Oakwood's approximately 8,500 operational units are expected to immediately contribute to Ascott's recurring fee income streams upon completion of the transaction slated in 3Q 2022.
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Historic Palazzo Marini in Rome Sold for 165 Million Euros and to Be Converted into a Four Seasons Hotel
Fort Partners closes on the €165 million deal with the intent to develop the property into a luxury hotel managed by Four Seasons
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Panel Discussion: Blurring the Design Lines in Hospitality – Hotel Designs
Debate, discussion and challenging conventional approaches to design are always an integral part of a design event like Clerkenwell Design Week. With this in mind, Hamish Kilburn, Editor of Hotel Designs, in association with Table Place Chairs, brought together a panel of creative minds from across the hospitality and design spectrum to discuss the design blurring of lines, the need for flexibility and also share thoughts on collaboration.
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Panera Brands and HUGS End Planned Partnership
Panera Will Continue to Prepare for and Explore an IPO, as Market Conditions Improve
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