Chatham Lodging Trust (NYSE:CLDT today announced that it has acquired the 131-room Hilton Garden Inn Portsmouth Downtown in N.H., for $43.5 million, or approximately $332,000 per room.
Source: New feed
Author: hotelprojectdata
Four Corners Property Trust Announces Agreement to Acquire 41 Restaurant Properties
Four Corners Property Trust (NYSE:FCPT announced the signing of a definitive agreement to acquire 41 restaurant properties from Washington Prime Group Inc. for a purchase price of approximately $67.2 million cash.
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Virgin Hotels Nashville Breaks Ground
New Hotel on Music Row slated to open in 2019
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Local Developer Announces New Hotel Project for Staunton, Virginia
The Blackburn Inn, LLC and Retro Hospitality announce today the Blackburn Inn. The locally-owned, 49-room luxury boutique hotel in downtown Staunton, Virginia is slated to open in late Spring 2018.
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San Franciscos Pythagoras Pizza Developing Tokenized Franchise Model
Pythagoras Pizza is developing a Tokenized Alternative to Franchised Governance in which all contributors can share in the success of the companies they help build. In this radically fair model, hardworking contractors and employees in the service industry will see the potential for economic mobility currently reserved for private technology startup employees.
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Rosewood Hotels To Open London Hotel in U.S. Embassy Building on Grosvenor Square
Set to be housed in the iconic building which currently serves as the U.S. Embassy, the hotel will be the second Rosewood property in London and will open as the sixth property in Europe.
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Tru by Hilton Breaks Ground on Raleigh Durham Airport Hotel
The future 106-room, four-story hotel is located in the Raleigh area at 350 Airgate Drive, less than one mile from the Raleigh-Durham Airport. The hotel is expected to be completed mid-2018.
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Four Seasons Hotel Dalian to Open 2020 in China
Designed by NBBJ Shanghai and Hirsch Bedner Associates (HBA) Singapore, Four Seasons Hotel Dalian will include approximately 250 guest rooms and suites, a pool, fitness centre and spa. The Hotel will also include extensive event and meeting space with several ballrooms and meeting rooms.
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Miami Grill Secures Plans for GCC and Asian Locations
New partnership will develop the Miami Grill brand in GCC and China markets
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Mercure & Ibis Styles Grosvenor Hotel in Adelaide for Sale
Recently refurbished and centrally-located freehold hotel
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