Brazil Hospitality Group (BHG) announced today the beginning of its partnership with AccorHotels, which will manage 17 of BHG’s owned hotels. AccorHotels also acquired LEBSPE Ltda from BHG, a company that manages The Capital São Paulo Itaim and Grand Plaza São Paulo Jardins hotels, in São Paulo; Soft Inn São Luis, in Maranhão; and Presidente Uberlândia Hotel, in Minas Gerais.
Source: New feed
Freddy’s Frozen Custard & Steakburgers’ steady expansion in the Southeastern United States is stoked with the opening of three new franchised locations and the announcement of a new franchise development agreement.
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Pueblo of Pojoaque Seeks Partner to Develop Comprehensive Plan for More than 300 Acres
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Scheduled to open in 2021, the 187-room new build will form part of Phase II of Arkan Plaza, a prime up-scale mixed-used development, and is strategically located in the heart of Sheikh Zayed City, on the 26th of July corridor main spine, which connects the cities of Sheikh Zayed and 6th of October with the central Cairo area.
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Opening in 2020, the 190-room property will be the first new hotel in Geelong in more than twenty years, signalling a renewed outlook for the vibrant Victorian coastal city. It’s also IHG’s first Holiday Inn hotel in Australia to include a ‘suites’ offering, with 40 suites intended for the longer stay segment.
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Crystal Investment Property, LLC, a licensed Idaho broker, exclusively represented the Seller in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer as well as lenders and other professionals, to negotiate a mutually acceptable sale. The final sale price was confidential.
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CHICAGO (November 20, 2017) – Hyatt today announced the launch of Canvas Blanc de Blancs Spumante, a sparkling addition to the Canvas wine brand that was developed in collaboration with Folio…
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The first phase of development is valued at circa USD 200 million and includes luxury hotel The Vale Rusutsu and a bespoke onsen and spa facility. Additional phases scheduled for release in 2018 will include new retail and entertainment developments and further hotel facilities, estimated at circa USD 500 million.
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The acquisition values Bento at CAN $100 million and has been facilitated by Mayfair Equity Partners, who partnered with the YO! management team as part of a management buyout in 2015.
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NOVUM has partnered up with Commerz Real, as the proprietor, as well as GOLD.STEIN real estate M+E GmbH & Co.KG, as the project developer, for this project. The purchase was structured by Commerz Real as an asset deal in the form of a forward funding project.
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