Linchris Hotel Corporation, today announced the acquisition of The Crowne Pointe Inn & Spa and The Brass Key Guesthouse in Provincetown, MA.
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Author: hotelprojectdata
Apple Hospitality REIT Acquires Portfolio of Three Hotels for $126 Million
The portfolio consists of the existing 157-room Hilton Garden Inn Fort Worth Medical Center in Fort Worth, Texas, for a total purchase price of $29.5 million, or approximately $188,000 per key; the existing and recently renovated 112-room Homewood Suites by Hilton Fort Worth Medical Center in Fort Worth, Texas, for a total purchase price of $21.5 million, or approximately $192,000 per key; and the existing 243-room Hampton Inn & Suites by Hilton Portland Pearl District in Portland, Oregon, for a total purchase price of $75 million, or approximately $309,000 per key.
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Wheelock Street Capital and The Ronto Group Partnership Acquires Beachfront Development Site in Southwest Florida
JLL Capital Markets announced today that it has arranged the multi-million dollar sale and financing of Naples Mansion House, a 5.25-acre, trophy, beachfront condominium development site in the southwestern Florida community of Naples.
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Dine Brands International Announces First Virtual IHOP Location in North America in Partnership with Ghost Kitchen Brands
First location now open in Toronto, Canada for takeout and delivery
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Hyatt Place and Hyatt House Hotels Debut in Allentown, Pennsylvania
CHICAGO (November 18, 2021) – Hyatt Hotels Corporation (NSYE: H) today celebrated the opening of Hyatt Place Allentown / Lehigh Valley and Hyatt House Allentown / Lehigh Valley,…
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Colliers Q3 2021 Canadian Hotel Investment Report (PDF Download)
Twenty months into the Covid-19 pandemic, the Canadian tourism industry is now on a glide path to normalcy. Investor sentiment for the lodging asset class continues to improve with transaction volume through Q3 reaching nearly $1.1 billion, surpassing full-year volume in 2020 and pacing close behind comparable levels of pre-Covid investment activity in 2019.
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Hotel Companies, REITs Enhance Portfolios With Capital Projects – CoStar
Executives of publicly traded hotel companies and real estate investment trusts detail the value-enhancing projects that are completed and underway in their portfolios.
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Holiday Inn Express Surpasses 3000 Hotels Globally
Holiday Inn Express has surpassed 3,000 open properties across the globe with more than 300,000 rooms in 2100 cities, continuing to serve as IHG Hotels & Resorts' growth engine.
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How City Hotels Are Reinventing Their Business Models to Stay Competitive – EHL Education
City hotels are far from dead. They are just having to reinvent their offer to include more innovative and community-inspired ventures, activities and products to address the changing needs of their clientele.
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Lincoln Casablanca – a Radisson Collection Hotel to Open 2025 in Morocco
"The Lincoln Hotel", the oldest hotel in Casablanca and a prime example of the city's Art Deco heritage, was built in 1916 by the renowned French architect, Hubert Bride.
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