IHG Hotels & Resorts has signed a management agreement with Dahej Hotels & Hospitality Pvt. Ltd a subsidiary of Karmvir Group, for a new hotel – Holiday Inn Express Dahej Bharuch Road in Gujarat. The new-built hotel featuring 120 keys is expected to be operational by the first quarter of 2025.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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Four Seasons Hotel San Francisco At Embarcadero debuts its newly renovated 127 guest rooms and 28 suites, lobby, and fitness centre, as well as its private Terrace Suites and reopening of the 40th floor open-air terrace, The Overlook.
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PJ's Coffee of New Orleans has announced its annual Veteran Franchise License Giveaway, which was most recently awarded to a husband and wife team, Kyle and Jen McElhaney.
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Hyatt Zilara Riviera Maya is located in the secluded region of Riviera Maya, surrounded by lush mangroves, with easy access to the Cancun International Airport and only six miles from Playa del Carmen.
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he transaction was priced at a cap rate in range with previous FCPT transactions. The portfolio includes six single tenant restaurant properties and one non-restaurant retail property (AT&T, BJ’s Brewhouse, Hook & Reel, IHOP, Krispy Kreme, Taco Bell, and an additional restaurant).
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Lodging Partners exclusively represented the Seller on this transaction. This sale is the 21st Hotel deal that Lodging Partners has been involved with in the Myrtle Beach market and the third hotel transaction arranged for the Seller.
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DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm arranged the sale of the 77-room Sleep Inn by Choice Hotels, Wesley Chapel for $8,825,000 or $114,610 per room on June 29, 2022.
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Southeastern-based drive-thru coffee franchise, Ellianos Coffee, announced that it officially reached the 100-store milestone earlier this month when it welcomed its latest franchisee to the franchise 'family.'
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Callicoon Hills is a 65-key property across 23 acres that encompasses a main Boarding House with restaurant, bar, and coffee shop, a barn for large-scale events, pool, and two other newly modernized buildings with additional rooms.
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