Comprising four man-made islands, Dubai Deira Islands will be a mixed-use waterfront development featuring almost six million sqft of retail space, 3,000 apartments, hotel rooms, a mall, night souk, a large amphitheatre and a marina. Once completed, the development is set to transform old Dubai into a hub for leisure, tourism and retail.
Source: New feed
Author: hotelprojectdata
Two New-Build Radisson Resorts Coming to Poland
The Radisson Resort Szklarska Poręba and Radisson Resort Kołobrzeg will be operated by Zdrojowa Hotels under an International Franchise Agreement with Radisson Hospitality AB.
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Choice Hotels Asia-Pac to Expand South East Asia Footprint Under New Agreement
The hotel franchise group has signed an agreement appointing Bangkok-based hotel management company, Krest Hospitality, as Choice Hotels Asia-Pac’s preferred management company in South East Asia.
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RA Hospitality Holdings (Cayman) Announces the Signing of a $2 Billion Primary and Secondary Management Investment Round with OYO Hotels & Homes
OYO Hotels & Homes, the world's fastest-growing chain of hotels, homes and living spaces, today announced that in a landmark move, Founder & CEO, Ritesh Agarwal, through RA Hospitality Holdings (Cayman), has signed $2 billion primary and secondary management investment round, supported by global institutional banks and his financial partners, subject to regulatory and shareholder approvals.
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HVS Report – The Suite Spot for Family Travel: Development Insights for Attracting Summer Travel Demand – By Daniel P. McCoy
As the summer travel season sets in, millions of families across the United States are setting out on their annual road trips. My family, fresh off a Spring Break trip from St. Louis to New Mexico and back, will be among those millions on our planned summer excursion to the Rocky Mountains.
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Condor Hospitality Trust Sold for US$318 Million
NexPoint Hospitality Trust Announces Agreement to Acquire Condor Hospitality Trust, Inc.
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Red Robin Confirms Receipt of Unsolicited Conditional Proposal from Vintage Capital
Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) confirmed it has received an unsolicited conditional proposal from Vintage Capital Management, LLC to acquire all of the outstanding common shares of Red Robin for $40.00 per share in cash.
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Hyatt Announces Plans for Thompson Denver
CHICAGO (July 23, 2019) – Hyatt Hotels Corporation (NYSE: H) has announced plans for Thompson Denver, the first Thompson Hotels property in the state of Colorado, expected to open in 2021….
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The Ehmer Group Structures Sale of the Del Sol by La Quinta – Madera, California
The property was purchased by a group of hotel investors from the San Francisco Bay Area for $11,825,000 which equates to $122,000 per key and a 10% Cap Rate on Proforma. The group also owns and operates multiple hotel investments in the California Lodging Market.
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Hyatt Centric Brand Expands in California with Opening of Hyatt Centric Mountain View in Silicon Valley
CHICAGO (July 18, 2019) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Centric Mountain View. Ideally situated in the Village at San Antonio Center, the new 167-room…
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