Custom Hotel in Los Angles Acquired by Kor Group

The 250-room Custom Hotel is the only lifestyle boutique hotel near Playa Vista and Los Angeles International Airport (LAX), and will be managed by Proper Hospitality, the California-based luxury lifestyle hotel operator.
Source: New feed

Holston House Hotel to Open December 2017 in Downtown Nashville

HRI Properties, LLC and Hyatt announce the naming of the Holston House hotel expected to open December 2017 in the heart of downtown Nashville, Tennessee. The 191-room hotel will feature six suites, including two signature 12th floor Bungalow Suites, a fitness center, and a series of food and beverage offerings including a lobby lounge and rooftop bar.
Source: New feed

Mantra MacArthur Hotel to Open This September in Canberra

A former office tower transformed into a 176-room hotel as part of the city’s vibrant urban renewal program will meet Canberra’s growing demand for hotel capacity. Mantra MacArthur Hotel is the only new hotel to open in Canberra in 2017.
Source: New feed

Boulder Creek Inn, Donnelly, Idaho Sold by Crystal Investment Property, LLC.

Crystal Investment Property, LLC represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Source: New feed

Fountainbleau Site in Las Vegas Sold for $600 Million

Witkoff together with New Valley LLC today announced that they have acquired the significantly undervalued resort hotel located at 2755 Las Vegas Boulevard South in Las Vegas (formerly known as the Fountainbleau), for $600 million.
Source: New feed

Best Western Premier Sonasea Phu Quoc in Vietnam Announced for 2019

Best Western Hotels & Resorts has revealed plans to launch a spectacular new beachfront resort in Phu Quoc, the stunning tropical island off Vietnam’s South Coast. On July 20, 2017, Best Western signed a license agreement with Vietnam’s CEO Group for the brand new Best Western Premier Sonasea Phu Quoc – a beautiful upscale property scheduled to open in January 2019.
Source: New feed