CHICAGO (December 9, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of…
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Openings planned from Tokyo to Mexico City and Reykjavik to Melbourne
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Accor and Huazhu will continue to develop their partnership and growth dynamic initiated 4 years ago, which has enabled the openings of 200 economy and midscale hotels in China, mainly under the ibis, Novotel and Mercure brands. An additional 250 properties in the pipeline are scheduled to open over the next 3 years.
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Redberry Restaurants announces an Area Development partnership with Burger King Corporation to develop 103 new BURGER KING restaurants in Ontario and Manitoba within the next 5 years.
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Azerai Ke Ga Bay, a luxurious and secluded oceanfront retreat in southeastern Vietnam, is set to launch in early 2020 as the third property in Azerai Resorts' growing portfolio.
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Bombardier has announced that Mississauga will be home to a new global manufacturing centre for its Global business jets. The 41.2 acre facility will be located on Toronto Pearson Lands.
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Four Seasons Hotels and Resorts together with developers Carpenter & Company Inc. and Woodward Interests, LLC will open a luxury hotel and Private Residences in downtown New Orleans in late 2020. The property is owned by Two Canal Owner LLC, in which both developers are partners.
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The sales price, inclusive of buyer's estimated anticipated capex of $2.5 million, represents a trailing twelve-month cap rate of 5.9% on net operating income and a 14.3x Hotel EBITDA multiple as of October 31, 2019.
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Named Citizens, C3's new concept will bring together a curated collection of established and new proprietary culinary brands at two full-service restaurants, multiple bars and a fast-casual market hall. The 40,000-square-foot venue, located in Five Manhattan West, will be designed by award-winning interior designer David Rockwell.
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The New Haven Hotel features 135 guestrooms and suites, a fully-equipped business center and fitness center, complimentary high-speed wireless internet access, as well as a 24/7 grab-and-go market.
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