InterContinental Chiang Mai Mae Ping marks first signing of the agreement
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Author: hotelprojectdata
Alterra Mountain Company Closes on Sugarbush Resort in Vermont
Founded in 1958, Sugarbush Resort is a year-round mountain destination located in the scenic Mad River Valley of Vermont with two distinct mountains – Mt. Ellen and Lincoln Peak – that are joined by a two-mile high-speed quad.
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Exclusive Hyatt and Headspace Collaboration to Bring Mindfulness and Meditation to Employees and Guests Around the World
CHICAGO (January 15, 2020) – Hyatt Hotels Corporation (NYSE: H) and Headspace, a leader in mindfulness and meditation with nearly 60 million users in 190 countries, today announced a new global…
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Hyatt Announces Development of Hyatt Regency Kuala Lumpur
New hotel will be a premier property for Hyatt Regency brand in Malaysia, marking the brand’s return to Kuala Lumpur
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MGM Grand Las Vegas Sold for $2.5 Billion
MGM Resorts International (NYSE: MGM) today announced that it has entered into a definitive agreement pursuant to which a newly formed joint venture between MGM Growth Properties LLC and Blackstone Real Estate Income Trust will acquire the MGM Grand Las Vegas real estate assets in a transaction valued at approximately $2.5 billion, which represents a multiple of 15.75x rent.
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Eldorado Shreveport Resort and Casino Sold for $230 Million in Cash
Eldorado Resorts, Inc. (NASDAQ: ERI) announced yesterday that it has entered into a definitive agreement to sell the Eldorado Resort and Casino in Shreveport, Louisiana to Maverick Gaming LLC for $230 million in cash, subject to a working capital adjustment.
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Accor Opens Its 3,000th Property in Europe
The Mondrian brand comes to Europe
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SO/ to Open Its First Hotel in Spain
SO/ Hotels & Resorts, together with Sotogrande SA have signed a management agreement to open the first SO/ property in Spain. SO/ Sotogrande Resort & Spa will reflect the brand's rebellious luxury in this idyllic setting within the Costa del Sol.
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Fiesta Restaurant Group, Inc. Announces Taco Cabana Closures
Fiesta Restaurant Group, Inc. yesterday announced that it will close 19 Taco Cabana restaurants in Texas, effective immediately. Nearly all employees impacted by the closures will be offered positions at other Taco Cabana locations.
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Hotel Nikko Kaohsiung to Open 2023 in Taiwan
Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced yesterday that it will open the Hotel Nikko Kaohsiung in 2023. The company has contracted with Fanlu Construction Industry Co., Ltd., to manage the new property, with the support of an investment by Daiwa House Industry Co., Ltd. and Continental Development Corporation.
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