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.
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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.
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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.
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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.
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Noble Investment Group today announced the acquisition of the Home2 Suites by Hilton Rock Hill | Charlotte. The contemporary, extended stay hotel opened in May 2017 in Rock Hill, South Carolina – a suburb of Charlotte.
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Majestic Carbide & Carbon Building to be Repositioned as Independent Lifestyle Hotel Brand
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Grand Hyatt hotel to be part of Lotte Tour’s integrated resort project on Jeju Island, South Korea
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CHICAGO (August 29, 2017) – Hyatt Hotels Corporation today announced that a Hyatt affiliate has entered into a management agreement with Lotte Tour Development Co., Ltd. for a Grand Hyatt branded…
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CHICAGO (August 28, 2017) – Hyatt Hotels Corporation (NYSE: H) announced the official opening of Hyatt Regency Shanghai Global Harbor in Shanghai’s Putuo District. Hyatt Regency Shanghai…
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New Dickey’s Barbecue Pit franchisee, Leonard McEnery plans to open his first Dickey’s location in Joliet, IL. McEnery, a Dickey’s brisket lover and long-time business owner, is excited to bring delicious barbecue to the business park in South Joliet.
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