A consortium comprising SGX-listed ICP Ltd and a real estate private equity fund has acquired Butterfly on Hollywood, a 148-room midscale hotel primely located in the Central district of Hong Kong. From September 2017 onwards, the hotel will be rebranded as Travelodge Central, Hollywood Road.
Source: New feed
Together with the English investor Citygrove European Developments Ltd, NOVUM Hotel Group is planning to build another hotel at Moscow Street 29. Start of construction – including 438 rooms – is planned for mid-2018.
Source: New feed
Louis T Collection and H&M Capital Pty Ltd have announced the signing of a management agreement pursuant to which Louis T Collection will oversee the operation of the New Esplanade Hotel. The hotel is located in Elizabeth Quay, Perth’s vibrant, newly developed mixed-use zone along the Swan River.
Source: New feed
Hilton (NYSE: HLT) last week broke ground on a new Tru by Hilton in Charlotte, North Carolina, which will be a dual-brand property with Hampton by Hilton.
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IntercityHotel Frankfurt Hauptbahnhof Süd scheduled to open on the South side of the main railway station in 2019
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Marriott International Reports Second Quarter 2017 Results Highlights
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The conference space will feature expansive ballrooms, flexible meeting places and an outdoor terrace. The space will be highlighted by the city’s first Executive Meeting Center (EMC) and Ideation Labs – two meeting areas designed to maximize productivity for small groups.
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Mantra Group today announced it has entered into an agreement with the Deague Group to acquire the Australian-owned Art Series Hotel Group for approximately $52.5 million (excluding transaction costs), subject to customary completion conditions.
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Rita’s also announcing a new test store concept in select markets – Rita’s Italian Ice & Creamery – starring a rotating menu of new Hand-Scooped Frozen Custard, alongside Rita’s signature Italian Ice and other ‘cool treats.’
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Garden Fresh Restaurants, parent of Souplantation and Sweet Tomatoes, announced today that Perpetual Capital Partners and CR3 Capital, an investment affiliate of CR3 Partners, has acquired the 97-unit soup, salad, and bakery restaurant chain.
Source: New feed