Starwood Capital Group, Crescent Real Estate LLC and High Street Real Estate Partners today announced that controlled affiliates have completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts, a lodging real estate investment trust and owner of luxury and upper-upscale hotels. Terms of the transaction were not disclosed.
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Author: hotelprojectdata
The Venetian Resort Las Vegas Unveils $1.5 Billion Hotel Renovation Timed to Its 25th Anniversary
Twenty-five years ago, The Venetian Resort Las Vegas made waves when it pioneered the convention-hotel concept and delivered Venice’s canals to the Las Vegas desert, gondoliers and all. Today, coinciding with this momentous birthday, the iconic resort unveils a new era ushered in by its $1.5 billion reinvestment project.
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Accor Provides Update on Expansion in Saudi Arabia, the UAE and Qatar
Accor participated in the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.
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Hyatt Signs Agreement with Knowledge Economic City for Two New Hotels in The Kingdom of Saudi Arabia
CHICAGO (MAY 2, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Knowledge Economic City (KEC) for two new…
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IHCL Strengthens Its Spiritual Tourism Circuit with Gateway Hotel Signing in Sarnath
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a hotel in Sarnath, Uttar Pradesh. The Greenfield project will be branded a Gateway hotel.
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Four Seasons Hotel Osaka to Open This August
Towering above the city’s dynamic Dojima district, the all-new Four Seasons Hotel Osaka is now accepting reservations ahead of its grand opening this summer.
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Kimpton Hotel to Open 20028 in Brisbane's Trendy Teneriffe Suburb
Kimpton in Brisbane’s Teneriffe will have absolute waterfront access and views across the Queensland capital
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Sydney Heritage Hotel, Hotel Woolstore 1888, Joins Accor's Handwritten Collection
Accor announced today that one of Sydney’s finest heritage hotels, Hotel Woolstore 1888, is joining its portfolio of Handwritten Collection hotels in May 2024 under a hotel management agreement with the hotel’s new owners Shakespeare Property Group.
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Hotel Indigo & Residences Al Khobar to Open 2027 in Saudi Arabia
IHG Hotels & Resorts has signed a management agreement with Refad Real estate investment & development company part of Abdulhadi AlQahtani, sons group Company to bring Hotel Indigo & Residences Al Khobar to Saudi Arabia by September 2027.
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Hotel Indigo to Open 2026 in Major Bangkok Development
The 274-room Hotel Indigo The Forestias Bangkok will open in 2026 at The Forestias, a new integrated 64-hectare mixed-used development on the eastern fringe of Bangkok – the largest growth project of its kind in the country.
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