The announcement follows approval of the transaction by Chesapeake’s shareholders at a special meeting of Chesapeake shareholders held on September 10, 2019. Based on Park’s closing stock price as of September 17, 2019, the total transaction value is approximately $2.5 billion, inclusive of transaction costs.
Source: New feed

MGE has entered into a multi-year agreement with JC Hospitality to operate the 60,000-square foot gaming space at the soon to be Virgin Hotels Las Vegas, part of Curio Collection by Hilton, contingent on the successful completion of construction and pending MGE's regulatory approval by the Nevada Gaming Commission.
Source: New feed

Banyan Investment Group today announced that the company completed the acquisition of the 101-room Hotel Indigo Tuscaloosa Downtown in Ala.
Source: New feed

Mandarin Oriental Hotel Group has announced that it will manage a luxury hotel in Nanjing, the capital of Jiangsu Province in China, scheduled to open in 2022.
Source: New feed

New 280-room Hilton Phnom Penh will be located in the Cambodian capital’s central business district
Source: New feed

The property is located in Illinois and is leased to Darden Restaurants, Inc. (NYSE:DRI) under a triple-net lease with over 10 years of term remaining.
Source: New feed

Rosebank is located to the north east of Johannesburg, 4.5km from the Sandton area, and is one of the most popular nodes in the economic capital. The area is connected to the OR Tambo International Airport by the Gautrain, one of the most important mass transportation systems in Africa.
Source: New feed

The sale price of $42.0 million reflects a 17.4x EBITDA multiple and a 5.0% net operating income capitalization rate based on the hotel’s operating performance for 2018.
Source: New feed

Inks Deal for 17 Locations Across Idaho, Montana, Washington, Arizona
Source: New feed

This will be the fourth Ginger Hotel in the state of Goa
Source: New feed