The Resort will comprise 30 acres (12 hectares) of the project development land area, with 120 hotel rooms, 120 residences and 40 villas. The project is expected to take approximately four years to complete with a total development cost of USD 400 million and estimated gross development value of USD 1 billion.
Source: New feed
SWaN Hill Top, LLC (SWaN) and Interstate Hotels & Resorts have partnered to resurrect the historic Hill Top House Hotel, founded in 1888, into a luxury resort destination in Harpers Ferry, West Virginia, focused on incubating 'big ideas.'
Source: New feed
Redesigned stores and third-party delivery pay off for South's first fast-food restaurant
Source: New feed
Marriott International (NASDAQ: MAR) today announced record organic rooms signings in 2018, ending the year with a record global pipeline. In 2018, the company signed management and franchise agreements for 816 properties, comprised of 125,000 rooms, while opening nearly 500 properties comprised of more than 80,000 rooms around the world across its portfolio of 30 brands.
Source: New feed
IHG (InterContinental Hotels Group) has signed a management agreement with B&G Estate Co., Ltd. for a new-build voco in Bangkok, Thailand – the first to be announced in South East Asia.
Source: New feed
CHICAGO (January 21, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the entry of the Hyatt House brand into the Middle Eastern market with the opening of Hyatt House Jeddah Sari…
Source: New feed
Louvre Hotels Group announced the upcoming opening of more than 12 hotels, in 12 cities and 800 Kyriad Direct rooms in France, by early 2019.
Source: New feed
Nine Locations Planned
Source: New feed
The purchase price for the eight properties was approximately $9.4 million and represents a capitalization rate consistent with our investment thresholds and past transactions. The leases have a current weighted average remaining term of approximately 8.5 years.
Source: New feed
Following the settlement of the Offer and subject to the final confirmation of the number of shares submitted by the investors in the Offer, AccorHotels will own, directly and indirectly, 85.8% of Orbis’ share capital.
Source: New feed