Located in the heart of the 'world's greatest open-air museum', this new property will be in close proximity to the city’s ancient ruins including monuments, tombs and temples, set on the Nile offering stunning river views and more than 18,000 sqm of lush gardens.
Source: New feed
Author: hotelprojectdata
Marriott International Signs Agreement for 5 New Hotels in India Totaling 700 Rooms
he Le Méridien brand is expected to debut in East India with the opening of Le Méridien Ranchi. Other planned openings include Courtyard by Marriott Asansol, Fairfield by Marriott Maithon, Fairfield by Marriott Ranchi, and Fairfield by Marriott Deoghar.
Source: New feed
E-Central Hotel Unveils New Brand Aligning with All of the Excitement Downtown Los Angeles Has to Offer
Located steps away from Crypto.com Arena, the property aims to provide the best 'Enterstayment' possible
Source: New feed
Hyatt Names Eben Hewitt Chief Information Officer
CHICAGO (July 18, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the appointment of Eben Hewitt as Hyatt’s Chief Information Officer, effective July 18. Hewitt will oversee…
Source: New feed
MCR Closes on $420 Million Refinancing of 30-Hotel Portfolio
MCR has closed on a $420 million refinancing of 30 hotels across the country. The financing was provided by balance sheet lenders Wells Fargo (who served as lead left arranger on the transaction), BMO Harris (joint lead arranger), Bank of America and Square Mile Capital at an interest rate of SOFR + 3.73%.
Source: New feed
VICI Properties Inc. Invests in New Collier County, Florida Great Wolf Resort
VICI Properties Inc. (NYSE: VICI) announced today that the Company has agreed to provide a mezzanine loan investment for up to $59.0 million to Great Wolf Resorts, Inc. related to the development of Great Wolf Lodge South Florida, a more than $250 million family resort project in Collier County, FL.
Source: New feed
Banyan Tree Residences Manila Bay to Open Third Quarter 2025 in the Philippines
n conjunction with the launch of its Residences, Banyan Tree will also develop resorts and golf courses in the country through 2030.
Source: New feed
Monarch Alternative Capital Acquires Three Hotels in Orlando, Florida
Monarch purchased the Aloft Orlando and the Holiday Inn Express & Suites Orlando, both located in the Lake Buena Vista submarket within close proximity to Disney World. In addition, the firm acquired the TownePlace Suites Orlando located in the Universal Studios submarket.
Source: New feed
Inflation, Interest Rates Further Hamper California Hotel Development – CoStar
The California Hotel Development Survey 2022 Mid-Year from Atlas Hospitality Group reports pandemic-challenged hotel developers faced additional hurdles with inflation and interest rate increases, which could lead to rooms supply shrinking again.
Source: New feed
Indian Hotels Company Limited Signs a Seleqtions Hotel in Tirupati, Andhra Pradesh
Indian Hotels Company (IHCL) today announced the signing of a SeleQtions hotel in Tirupati, Andhra Pradesh. The currently operational hotel will be rebranded as SeleQtions. The hotel is a management contract with Bliss Hotels Limited.
Source: New feed