CHICAGO (July 31, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that the Joie de Vivre Hotels brand will make its debut in Asia with a property housed in the vibrant Sanlitun…
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CHICAGO (July 31, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that the Joie de Vivre Hotels brand will make its debut in Asia with a property housed in the vibrant Sanlitun…
Source: New feed
Cambridge Landmark, a hotel-focused private equity company, recently announced that it has closed on the acquisition of The Citizen Hotel, a renowned 196-room boutique hotel located in Sacramento, CA. The hotel has been part of the Marriott Autograph Collection since 2015, and will retain that designation under its new ownership.
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In Greater China, Wyndham Hotels is the largest international franchisor, with more than 1,500 properties and 149,000 rooms in its franchised system. Based on current trends, Wyndham expects to open about 500 hotels in China over the next three years.
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Located in the Dallas Design District on 1445 Turtle Creek Blvd, the new-build property will feature 268 Chambers, including two Penthouse Suites, multiple dining and drinking outlets, including Commons Club the brand's flagship food, beverage and social club concept space, and a rooftop terrace with a pool.
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Vacasa and Wyndham Destinations (NYSE:WYND) announced today that they have entered into a definitive agreement under which Vacasa will purchase Wyndham Vacation Rentals for approximately $162 million. The transaction is expected to close this fall, subject to customary closing conditions.
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This will be IHCL’s Fifth Hotel in the State
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The sale price represents an attractive selling capitalization rate of approximately 8.2%, based on trailing 12-months net operating income, after management fees and FF&E reserve
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Oliver Hospitality announced today that it has acquired the Best Western Station House Inn and its Lewmarnel’s Food & Spirits in South Lake Tahoe, California. Oliver plans to start renovations on the hotel and restaurant in Q4 2019 and rebrand as a vintage motel called with a revamped design, food, beverage and social areas.
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Situated at 144 Elk Place in the heart of New Orleans' theater district, The Marquee offers guests convenient access to the best of The Big Easy in every direction.
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Representing the Buyer and Seller of this Nationally Recognized Franchise with I-5 Highway Location
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