MEININGER Hotels Takes over Property in Venice

MEININGER Hotels has signed a contract securing the hotel group's operation of a former 434-bed hostel in Venice Mestre under a lease agreement. The opening of the property on behalf of the MEININGER Hotels Group is planned for the second half of 2022.
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Courtyard Atlanta Alpharetta/Avalon Area Hotel Sold

Alex. Brown Realty (ABR) and Hotel Development Partners (HDP) announced the sale of the Courtyard by Marriott Atlanta Alpharetta/Avalon Area to an entity backed by JMREI and Lionshead Capital Partners.
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Thompson Madrid Hotel Announced for Mid 2022

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Exacorp One S.L. for the first Thompson Hotels property in Spain: Thompson Madrid. The 175 room hotel is slated to open in mid-2022.
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LXR Hotels & Resorts to Open in Bali Late 2022

Hilton (NYSE: HLT) today announced the signing of an LXR Hotels & Resorts property in Bali, Indonesia with PT Surya Semesta Internusa Tbk. The 72 all-villa resort is scheduled to open as the first LXR-branded resort in South East Asia in late 2022.
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Drive Shack Inc. Announces Second Pennsylvania Venue As Puttery Heads to Steel City

Spanning two levels, this 19,000-square-foot venue will feature three uniquely themed, nine-hole courses and several bar and lounge areas. Guests will also be able to indulge in a chef-driven menu alongside expertly curated craft cocktails. Additionally, Puttery Pittsburgh will feature breathtaking views of the city.
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