Ennismore and ActivumSG's Fund V sign a long-term management agreement to operate the new SLS seafront property currently under construction in Barcelona's 22@ district
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Weekly Hotel Industry Asia Pacific News Roundup from from HVS
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Freddy's Frozen Custard & Steakburgers announced it has signed a multi-unit development agreement to expand its footprint in South Carolina.
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The Siegel Grou pannounced today that it had sold four extended-stay properties in an off-market transaction for $184.50 million at a blended per unit cost of approximately $167,400.
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CHICAGO (April 11, 2022) – Hyatt has again been named to the FORTUNE 2022 “100 Best Companies to Work For” list, an annual ranking of companies with outstanding workplace cultures according…
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CHICAGO (April 8, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Dehradun. The 263-room hotel marks the first Hyatt hotel in the state of Uttarakhand and…
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Kimpton Hotels & Restaurants announced a first-of-its-kind for the boutique brand, a 199-room hotel set to open in Spring 2023 on the Grounds of the University of Virginia Darden School of Business. The hotel is the first for the brand on the campus of a university.
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Hotel brand executives spoke about their strategies on new construction versus conversions amid rising costs and supply-chain issues, as well as the budding extended-stay segment during a panel at the Hunter Hotel Investment Conference.
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The Siegel Group, a real estate investment and management company, announced today that it had acquired three parcels totaling approximately 10 acres on Las Vegas Boulevard. The purchase price was $75 million and the seller was an out of state lender who had taken back the properties from the previous owner.
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Radisson Hotel Group announced five new hotel signings across the continent to date this year, adding almost 600 rooms to its African portfolio. In 2022, the Group aims to add more than a dozen hotels, reaching just over 100 hotels in operation and under development on the continent.
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