In a move that returns entrepreneur Robert Thompson to his southern roots, the food and beverage veteran's newly established New Orleans hospitality firm, Angevin & Co., has completed the purchase of the historic boutique hotel, The Frenchmen Hotel (417 Frenchmen St., New Orleans, LA 70116).
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Dollywood's HeartSong Lodge & Resort marks first project in new 10-year, more than half-a-billion dollar investment plan
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Alpine Realty Capital, LLC, a member of Hotel Brokers International, is pleased to announce that they have completed the sale of the Budget Host Inn & Suites hotel and the Best Western Harbour Pointe Lakefront hotel, both in the resort town of St. Ignace in the Upper Peninsula of Michigan.
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Aimbridge Hospitality will assume ownership of Grupo Hotelero Prisma, the largest third-party operator in the Mexico market.
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IHG Hotels & Resorts and long-term partner Hotel Properties Limited (HPL) announced the first voco hotel to open in South East Asia on Singapore's world-famous Orchard Road.
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Serge Primeau nominated Managing Partner and President
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Highlights: Price per key of $474,000 for fee simple ownership of a luxury hotel. Revenue per available room (RevPAR) of $251.14 for the 12 months ended December 31, 2019.
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Sandals Resorts International (SRI) celebrated its legacy in Jamaica and affirmed its commitment to the country at a special groundbreaking ceremony for the first phase of a $230 million (USD) project, that will include Sandals Dunn's River followed by Phase II of transforming the adjacent oceanfront land into Sandals Royal Dunn's River.
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After this transaction, that also includes two hotels in development in Mexico and Senegal, RIU Group will hold 100% of the ownership of the properties
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The new hotel will offer 60 guest rooms ranging from 40 square meters in size, including eight 80-square meter suite rooms in the theme of a mountain villa. It will be located near the historic Okazaki Betsuin Temple, overlooking the rich natural environment of the temple grounds, with the suites and some other rooms offering guests changing views of the seasonal scenery in its Japanese gardens.
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