Strong national demand trends continue to support Canada’s lodging sector with investors remaining optimistic about the hotel asset class in 2019. Download the Hotel INNvestment Canada Q4 Report for results of the Canadian Hotel Investment Sentiment Survey and a 2018 Transaction Preview.
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Author: hotelprojectdata
Hard Rock Hotel & Casino Sacramento at Fire Mountain Holds Topping Off Ceremony
Hard Rock Hotel & Casino Sacramento at Fire Mountain held a topping off ceremony on Feb. 13, 2019, to celebrate reaching this major construction milestone in the project. The property is slated to be the premier entertainment destination in Northern California once it opens in fall of 2019.
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Mandarin Oriental To Manage Luxury Residences On Fifth Avenue, New York
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 69 luxurious residences, located on Fifth Avenue New York, scheduled for completion in 2021.
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NewSpring and Larsen MacColl Partners Invest in Turning Point
NewSpring announced today that NewSpring Mezzanine, the Firm’s dedicated mezzanine strategy, and Larsen MacColl Partners have completed a growth investment in Turning Point Holding Company, LLC, a leading breakfast, brunch, and lunch concept. Proceeds from the investment will be used to fuel Turning Point’s new location growth.
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Coombs Inn & Suites, Water Street Hotel & Marina, and Wyvern Hotel Join the Ascend Hotel Collection
Located on the Gulf Coast, the latest additions are owned by multidisciplinary real estate firm Edgewater Group, LLC.
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Hyatt Named To 2019 Fortune "100 Best Companies To Work For®" List By Great Place To Work® For Sixth Consecutive Year
CHICAGO (February 14, 2018) – Hyatt has been named today to the 2019 FORTUNE “100 Best Companies to Work For®” list, an annual ranking of companies with outstanding workplace cultures…
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Hyatt Reports Fourth Quarter 2018 Results
CHICAGO (February 13, 2019) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported fourth quarter 2018 financial results. Net income attributable to Hyatt was $44 million,…
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Lord & Moris Times Square Hotel Joins The Red Collection
In the center of Times Square, the Lord & Moris Times Square Hotel is managed by REAL Hospitality Group. It's just a short walk to some of New York's most famous attractions including the Empire State Building, Broadway theatres, and the Vessel at Hudson Yards.
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Four Seasons Hotel Montreal is Confirming Reservations for Spring 2019 Opening
The Hotel will include MARCUS, the first Canadian restaurant by celebrated Chef Marcus Samuelsson
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Radisson Hotel Group and SunnySeeker Hotels Sign Deal for New Hotels in Cyprus
Radisson Hotel Group announced the signing of a Master Development Agreement with SunnySeeker Hotels in the Republic of Cyprus. The new deal will see the group grow its existing portfolio in the country to six hotels and almost 1,000 rooms by 2025.
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