Author: hotelprojectdata

Hotel RL in Miami Beach to Open Spring 2019

December 11, 2018

RLH Corporation (NYSE:RLH) announced today that the company executed a franchise license agreement for an oceanfront 143-room Hotel RL in the heart of Miami Beach, Florida.
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Fazoli's Signs Five-Unit Deal

December 11, 2018

Signs a Multi-Unit Deal with New Franchisee Impact Hospitality Group in Columbia, South Carolina
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Hyatt Place Jacksonville Airport Sold for $15.4 Million

December 11, 2018

Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it acquired the 127-room Hyatt Place Jacksonville Airport for a purchase price of approximately $15.4 million, or $121,000 per key.
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IHG Announces Fourth Voco Hotel in Australia

December 11, 2018

IHG will give it's Kirkton Park property in the NSW wine region a refresh and rebrand it as voco Kirkton Park Hunter Valley, making it the fourth signing in Australia since IHG launched the upscale voco brand globally in June.
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Hyatt Place Chongli Celebrates Official Opening

December 10, 2018

CHICAGO (December 10, 2018) – Hyatt Place Chongli is the first Hyatt-branded hotel to open in Zhangjiakou in China’s Hebei Province. The hotel features the Hyatt Place brand’s intuitive…

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Waldorf Astoria Atlanta Buckhead Hotel Sold for $53.5 Million

December 10, 2018

Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced its acquisition of the former Mandarin Oriental, Atlanta, a 127-room luxury hotel located in the upscale Buckhead area of Atlanta, Georgia, for $53.5 million, or approximately $421,000 per key.
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Travelport Sold for $4.4 Billion

December 10, 2018

Travelport Worldwide Limited (NYSE: TVPT), a leading travel technology company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in an all-cash transaction valued at approximately $4.4 billion.
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