Radisson Hotel Group had with nearly 200 signings in 2021 and plans to add 400 new signed hotels in 2022 in EMEA and Asia.
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Author: hotelprojectdata
Hyatt Reports Fourth Quarter and Full-Year 2021 Results
CHICAGO (February 16, 2022) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported fourth quarter and full-year 2021 financial results. Net loss attributable to Hyatt was…
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Freddy's Frozen Custard & Steakburgers Announces Multi-Unit Deal Signing and Aims to Double Footprint By 2026
Freddy's Frozen Custard & Steakburgers announced today that it achieved significant growth and success throughout 2021, reporting a 17.8% increase in systemwide sales year-over-year.
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Real Estate of Encore Boston Harbor Sold for for $1.70 Billion
Wynn Resorts (NASDAQ: WYNN) announced today that it has entered into a definitive agreement to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income (NYSE: O) for $1.70 billion in cash, representing a 5.9% cap rate. Wynn Resorts will continue to operate the property.
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Mandarin Oriental to Open 2025 on a Private Island in the Maldives
The resort is currently under development on a pristine Indian Ocean site and will stretch across three private islands on Bolidhuffaru Reef in South Male Atoll, accessed by an easy 20-minute speedboat ride from Male’s Velana international airport.
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Hyatt Place Melbourne Caribbean Park Celebrates Official Opening
CHICAGO (February 16, 2022) – Hyatt Place Melbourne Caribbean Park, the second Hyatt Place hotel in Melbourne and Australia, is officially open, expanding Hyatt Place brand’s footprint…
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Grubhub Launches Grubhub Goods Brand Nationwide
Grubhub announced today national availability of its branded convenience concept, Grubhub Goods. Grubhub now offers on-demand convenience delivery to diners from more than 3,000 Grubhub Goods locations across the country.
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Indian Hotels Company Expands Presence in Kerala with the Signing of a Seleqtions Hotel in Bekal
Indian Hotels Company (IHCL) today announced the signing of a new SeleQtions resort in Bekal, Kerala. Bekal is well known for its beach, backwaters, hill destinations and historic fort. This resort is a management contract with Gopalan Enterprises. It is a Brownfield project slated to open in 2024.
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Similarity to Apartments Boosts Investment Outlook for Extended-Stay Hotels – CoStar
Chief development officers for multiple hotel brands say they believe interest in buying and developing extended-stay hotels will be a long-term trend.
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Four Seasons to Bring a Tented Resort to Punta Mita, Mexico
The new luxury tented resort will be an expansion of the existing Four Seasons Resort Punta Mita in an untouched enclave within the Resort community.
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