Apple Hospitality REIT, Inc. (NYSE: APLE) announced the acquisition of a 55-room independent boutique hotel in Richmond, Virginia, for a purchase price of approximately $7 million, or $125,000 per key.
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Author: hotelprojectdata
Columbia Sussex Acquires Three Hotels in Alaska
With 1,341 rooms now in its inventory, the purchase makes Columbia Sussex the largest full-service, year-round hotel operator in the state.
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Ginger Launches A New Hotel In Madgaon, Goa
Situated in the commercial and cultural capital of Goa, surrounded by some of the best beaches and major corporate hubs, Ginger Madgaon has 47 rooms, an all-day dinner, a meeting room and fitness center.
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Uber to Acquire Majority Ownership in Cornershop
Uber Technologies, Inc. (NYSE: UBER) today announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto.
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Cracker Barrel Acquires Maple Street Biscuit Company
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) announced it has acquired Maple Street Biscuit Company in an all-cash transaction for $36 million.
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FCPT Announces Acquisition of an Additional Krystal Restaurant Property for $1.4 Million
The property is located in Alabama and is occupied under a triple-net lease with a fifteen-year term.
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Hyatt Place Flint/Grand Blanc Celebrates Official Opening
CHICAGO (October 11, 2019) – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt Place Flint/Grand Blanc is officially open. The new hotel features the Hyatt Place brand’s intuitive…
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Kempinski Hotels Announces Luxury Project in Makkah, Saudi Arabia
Kempinski Hotel Makkah will include 380 rooms and suites, each of them offering at least 42 net square meters – unprecedented in the segment in this region.
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Kempinski Launches 7Pines Kempinski Luxury Hotel Brand
Düsseldorf-based 12.18. Group and Kempinski Hotels S.A. today announced the launch of their luxury lifestyle concept 7Pines Kempinski. The two partners have joined forces to create one of the leading lifestyle hotel products in the luxury segment.
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Four Seasons and Sensei Partner to Launch All-New, All-Inclusive Wellness Retreat on the Island of Lanai
Four Seasons Hotel Lanai at Koele, A Sensei Retreat will offer fully customisable, science-based programming for mind and body, including meals by the new-concept Sensei by Nobu
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