The transaction was priced at a 4.5% cap rate on rent today, exclusive of transaction costs, and will result in an immaterial gain to FCPT.
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CHICAGO（April 13, 2021） – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Centric Lakeside Ningbo, marking the first Hyatt Centric hotel in mainland China. Located…

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We are heartbroken over the devastation unfolding in Ukraine and the mounting tragedies resulting from military actions, including lives lost, families separated and the displacement of millions…

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Sheraton is debuting extensive renovations at three flagship properties in Canada – Sheraton Gateway Hotel in Toronto International Airport, Sheraton Centre Toronto Hotel, and Le Centre Sheraton Montreal Hotel.
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The newest location in Round Rock, Texas, Embassy Suites by Hilton Round Rock, opened on April 4.
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Radisson Hotel Group is accelerating its development pipeline targets in Turkey to reach 50 hotels by 2023 instead of 2025.
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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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