For AccorHotels, the transaction results in a gross cash contribution of €4.6 billion, which is slightly more than the €4.4 billion announced in February and in line with the higher percentage of capital finally sold.
Source: New feed
Author: hotelprojectdata
The Westin London City Hotel Scheduled to Open in 2020
Marriott International, Inc. today announced plans to debut the Westin brand in the United Kingdom. Owned by 4C Hotel Group and managed by RBH, The Westin London City is set to open in 2020 and will feature a prime riverfront location in the heart of the City of London.
Source: New feed
New COMPASS by Margaritaville Hotels and Resorts Brand Launches
The first COMPASS by Margaritaville Hotels and Resorts is being developed by Floridays Development Company on Anna Maria Sound, Florida.
Source: New feed
Wyndham Worldwide Completes Acquisition Of La Quinta Holdings
Wyndham Hotels & Resorts funded the $1.95 billion acquisition of La Quinta with proceeds from its $500 million offering of 5.375% senior notes due 2026 completed in April and a $1.6 billion term loan due 2025 that closed in connection with the acquisition.
Source: New feed
Hyatt Amritsar Rebrands into Hyatt Regency Amritsar
Located on Grand Trunk Road, Hyatt Regency Amritsar is the closest upper upscale hotel to the Golden Temple. The hotel is conveniently located within three miles of the Golden Temple and 25-minute drive from the Sri Guru Ram Dass Jee International airport.
Source: New feed
First Avid Hotels Property in Mexico Announced
IHG (InterContinental Hotels Group) and Mexico-based Operadora MBA today announce the signing of the first avid™ hotels property in Mexico located in Fresnillo, Zacatecas.
Source: New feed
FCPT Announces Acquisition of a Red Lobster Restaurant Property for $1.8 Million
The property is located in Pennsylvania, and is occupied under a triple-net lease with approximately 9 years of term remaining.
Source: New feed
Davis Hotel Capital and F10 Hotels Join Forces
Officials of Davis Hotel Capital and F10 Hotels today announced the two companies have joined forces to provide clients with enhanced and expanded hotel investment advisory and financial services. Geoff Davis and Angelo Stambules from Davis Hotel Capital are assuming senior level roles within the F10 platform.
Source: New feed
The Hyatt Regency Brand Enters the Holy City of Amritsar
CHICAGO (May 30, 2018) –– Hyatt Hotels Corporation (NYSE: H) announced today the rebranding of the Hyatt Amritsar into a Hyatt Regency hotel. Hyatt Regency Amritsar is the 11th Hyatt Regency…
Source: New feed
Restaurateur Brad Blum and GP Investments Announce Formation of New Restaurant Company – FoodFirst…
New Entity Has Closed on the Acquisition of Brio Tuscan Grille and Bravo Cucina Italiana as Its First Brands
Source: New feed