Bowling Green Asset Management (BGAM) is announcing its second branded hotel acquisition of 2017, a luxury 103-room Holiday Inn, located close to Salisbury and Stonehenge, for £12.5 million, reflecting a net initial yield of 9.25%.
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Author: hotelprojectdata
The Fives Downtown Hotel & Residences in Playa Del Carmen Joins Curio Collection
Marking the first Curio Collection property in the country and Hilton’s first hotel in Playa del Carmen, the boutique hotel features 93 contemporary guest rooms, a rooftop infinity pool overlooking the Caribbean Sea and four dining outlets, including an authentic tequila bar with more than 100 different tequilas and mezcals.
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First Hyatt Regency Hotel Opens In Moscow's Petrovsky Park
CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Moscow Petrovsky Park, Moscow’s first Hyatt Regency hotel and second Hyatt…
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Hyatt Centric La Rosière Officially Opens
CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Centric La Rosière, the first Hyatt Centric hotel in France and the first Hyatt ski resort…
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TWA Hotel at JFK International Airport Tops Out
Designed by Eero Saarinen in 1962, the TWA Flight Center is on track to reopen in early 2019 as the TWA Hotel, JFK’s only on-airport hotel
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Hyatt Increases Share Repurchase Authorization By $750 Million; Sold Hyatt Regency Monterey Hotel & Spa; Received $217 Million in Connection with Sale of Avendra
CHICAGO (December 14, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced that its Board of Directors has authorized the repurchase of up to an additional $750 million of the Company’s…
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Staybridge Suites Launching in Asia Pacific
InterContinental Hotels Group (IHG), has signed a management agreement with Origin Property Public Company Limited to bring Staybridge Suites to Asia Pacific. The all-suite extended stay brand will launch in Thailand – Staybridge Suites Bangkok Thonglor in 2019, in association with Nomura Real Estate Development Company Limited and Staybridge Suites Chonburi Siracha in 2020.
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Navy Pier Hotel to Open 2019 in Chicago As Part of the Curio Collection
The development, first announced in April 2016, will be located adjacent to Festival Hall at the eastern end of Navy Pier. With 222 rooms, guests will experience unmatched views of the city, Lake Michigan and the Pier, with floor to ceiling windows.
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McAlisters Deli H to Open in Wylie, Texas
The new Wylie restaurant will be located within Woodbridge Shopping Center at 3200 FM 544 Suite 101, Wylie, TX 75098.
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Moxy Chicago Downtown to Open Spring 2018
Moxy Hotels will debut its first property in Chicago, IL – and the first in the Midwest – in Spring 201. White Lodging will operate the Moxy Chicago Downtown, which it is developing in the River North area in partnership with Friedman Properties.
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