Banyan Investment Group today announced that it has acquired and will operate three Marriott-branded hotels in two separate transactions: the 105-room Fairfield Inn & Suites Chicago St. Charles and the 92-room Fairfield Inn & Suites Chicago Naperville, both in Ill., and the 129-room Lansing Courtyard by Marriott in Mich., for a combined total of nearly $30 million.
Source: New feed
Four Seasons Hotels and Resorts and BRG Group will open a new Four Seasons hotel in the heart of Vietnam’s capital city.
Source: New feed
The new location is scheduled to open at the resort in early 2018 and will be adjacent to The Spa & Salon.
Source: New feed
Scheduled to open in the fall of 2019, the development will include the independent Hotel Distil and a Moxy Hotel
Source: New feed
The portfolio includes the 148-room Hilton Garden Inn Tampa North, 83-room Hilton Garden Inn Oldsmar, the 110-room Hampton Inn Oldsmar and the 128-room Hyatt Place Lake Mary.
Source: New feed
Wallowing in a damaging downturn, the owners of a Trump International Hotel in Panama say they’d like the U.S. president’s name stripped from the building.
Source: New feed
Coming in April 2018, three Michelin star Sushi Saito of Tokyo will venture outside of Japan for the first time with the opening of Sushi Saito at Four Seasons Hotel Hong Kong.
Source: New feed
Opening in 2020, the 150-room property will be the newest hotel in Western Melbourne, a rapidly growing region of Victoria, and will be part of a mixed-use development project which will include offices and retail space.
Source: New feed
The Siegel Group Nevada, Inc. announced yesterday that it had acquired a 244-unit hotel property located in Albuquerque, New Mexico that was previously operated under both the Travelodge and Super 8 motel brands for $4 million.
Source: New feed
MCR yesterday announced that it has acquired the 111-room Hilton Garden Inn Allentown West located in Allentown, PA, for $15.0 million. The property is located at the intersection of I-78 and PA Route 100, which is the center of the Lehigh Valley’s manufacturing and logistics industry.
Source: New feed