Belmond Ltd. (NYSE: BEL) today announced that it has entered into agreements to acquire the entirety of Cap Juluca, a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies.
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Richard Ehmer, President of The Ehmer Group, has negotiated the sale of the 93-room Quality Inn in Madera, California. The selling price was $3,050,000. The property will be converted from a Quality Inn to a La Quinta. The ownership has plans for significant updates and renovations throughout the building.
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20 New Units Per Year in Six States Over Next Several Years
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Coming off the heels of robust 2016 transaction performance, the first quarter of 2017 registered as the highest Q1 volume in Canadian history with nearly $1.6 billion in closed volume.
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The heart of the Black Bay Master Development will consist of a luxury branded hotel and villas set on 180 acres on the beautiful southern tip of the island.
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First Property Slated to Open September 2017 on Grand Cayman
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Sonesta International Hotels Corporation announced that The Chase Park Plaza, which opened in St. Louis in 1922, will join their collection of Royal Sonesta hotels in the U.S..
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AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) this week announce that they are in exclusive talks about acquiring 100% of the latter’s minority interest in Groupe Noctis.
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AccorHotels announced the conversion of Sofitel Copacabana into the first hotel with the Fairmont flag in South America. The renovation begins this month and is expected to finish in 14 months.
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But the hotel company has yet to confirm the project exists
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