Crystal Investment Property, LLC, a member of Hotel Brokers International, announced the successful sale of the Days Inn, Lewiston, Idaho. Crystal Investment Property, LLC, a licensed Idaho broker, represented the Seller and Buyer in the sale.
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The portfolio includes the 207-guestroom Courtyard New Haven at Yale, the 148-guestroom Hilton Garden Inn Boston/Waltham, the 175-guestroom Residence Inn Cleveland Downtown, and the 122-guestroom Homewood Suites by Hilton Tucson/St. Philip’s Plaza University.
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Located at 328 North Michigan Ave., the new Red Robin Express test concept will operate without a traditional store front while offering the same restaurant menu items.
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Dusit International has signed a hotel management agreement with Kunshan Yuanwanggu IOT Industrial Park Company Limited to manage Dusit Thani Zhouzhuang, a luxury hotel in Zhouzhuang, China. Phase one is anticipated to open in 2018, with phase two following in 2022.
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Agreements will expand Old Chicago’s footprint across at least nine states from the south to southwest, southeast, Midwest and west including Iowa, Indiana, Kentucky, Kansas, Nevada, Missouri, Arizona, Georgia and Alabama.
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Mantra Group has secured the management agreement to operate a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
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Meliá Hotels International announced at the World Travel Market in London the addition of a new hotel to its portfolio in the United Kingdom, the INNSIDE Newcastle, that will join the three properties already operated in the UK (ME London, Meliá White House and INNSIDE Manchester), a key market for the company.
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Beekman Investment Partners III, LP announced today that an affiliate has made a majority investment in Another Broken Egg of America, LLC , a breakfast restaurant brand. Another Broken Egg’s existing management team will continue to lead the company and will retain a meaningful equity stake in the business.
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The new-build development, to be constructed by Mori Trust, will comprise a 132-unit timeshare resort that will be owned and managed by Hilton Grand Vacations, as well as a Hilton-managed hotel with approximately 300 rooms. Hilton Okinawa Sesoko Resort is set to open in 2020, while the HGV timeshare resort is expected to commence operations in 2021.
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InterContinental Hotels Group (IHG has signed a management agreement with Quantum Hi-Tech Group Limited to develop the largest hotel in Fiji, Crowne Plaza Fiji Wailoaloa Beach.
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