Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed

The property is located in a strong retail corridor in Indiana and is corporate-operated under a net lease with approximately 4 years of term remaining.
Source: New feed

First Closing Delivers More than Half of Capital Sought for Fund Vehicle to Purchase Pandemic-Impacted Hotels
Source: New feed

The property, built in 2017, was purchased by Top Hospitality LLC, based in New Orleans, Louisiana, from Bridgewater Hospitality LLC, based in Houston, Texas.
Source: New feed

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.
Source: New feed

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.
Source: New feed

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.
Source: New feed

Capriotti's intends to purchase up to 100 Piestro Pods Within Five Years of Unit Availability
Source: New feed

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.
Source: New feed

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.
Source: New feed