The hotel is centrally located near the railway station. It will have 65 rooms, an all-day dining restaurant, a meeting room and a fitness centre. The hotel is a fully fitted lease and is slated to commence operations in 2022.
Source: New feed

Canopy by Hilton, Hilton’s (NYSE: HLT) lifestyle hotel brand, today announced the signing of a development agreement and a long-term lease between Novaxia Investissement and Dutch hotel operator Borealis Hotel Group for the 150-room Canopy by Hilton Paris Quartier Latin.
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Reaches Key Construction Milestone in Advance of Spring 2020 Opening
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IHG enters New Caledonia with the signing of three hotels that will open between 2021 and 2024.
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Blackstone Real Estate Income Trust and MGM Resorts International (NYSE:MGM) yesterday announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
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The Red Lion Airport Hotel Atlanta was held in a joint venture. RLH Corporation will receive $4.8 million in net proceeds after closing costs and the repayment of property level mortgage.
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Fairmont Hotels & Resorts announce its entry into the Czech Republic with the Golden Prague Hotel. Partnering with Fairmont on this project is R2G Heritage, owner of the property.
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Plan would bring more than 1,500 rooms and debut three brands across Phuket and Pattaya by 2024
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Captain D' announced that it has signed a new franchise development agreement with MH & Sons Enterprises, led by Maqsood Merchant, a seasoned multi-unit operator with more than 15 years of industry experience.
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Radisson Hotel Group announced the signing of the Radisson Hotel Bahir Dar, located in the North East of Addis Ababa. It will be the first Radisson branded hotel and the Group's fourth hotel in the country.
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