Hospitality platform WhyHotel has landed a $90 million investment to put towards property acquisitions as well as the operating company.
Source: New feed

The hotel is scheduled to break ground in March 2022 and open in spring 2024. HRI has entered into an agreement with Hilton to build a 16-story, 306-room focus-service lifestyle hotel adjacent to Nashville Yards in the heart of downtown Nashville.
Source: New feed

Rotana has signed new management agreements with Al Marasem Development and Marina Way Lagoon. The agreement includes the management of two new properties – Lake Residence, serviced apartments in New Cairo which will also mark Rotana’s debut in the capital city and Marina Bay, Hotel Apartments in Alamein, North Coast.
Source: New feed

Former Players Such as Anbang, HNA Have Left the Table
Source: New feed

Accor shared a summary of its 2021 development activities and growth outlook for 2022 and beyond. Overall, Accor opened 288 hotels and resorts and 41,000 rooms in 2021.
Source: New feed

Edward P. Walsh to serve as Board President 2022-23
Source: New feed

The total consideration for the acquisition was approximately $193 million ($1.8 million per key, inclusive of the residential units in the rental program).
Source: New feed

Indian Hotels Company (IHCL) oday announced the signing of a Vivanta hotel in Nashik. Located near Dwarka Circle, the hotel, part of a mixed-use development, is a management contract with Deepak Builders and Developers.
Source: New feed

New Fuddruckers Locations to Open at Brookfield Properties
Source: New feed

As well as continuing to open more hotels in Paris, Hilton is increasing its focus on major resort destinations and provincial towns and cities with a development pipeline that will double the hotel group’s presence nationwide.
Source: New feed