$100 Million Investment to Re-Imagine 1,400-Acre Peninsula Papagayo

Latin America’s Premier Residential and Resort Destination to Undergo Initial Capital Improvements Project as Part of Major Transformation Featuring Renovated Four Seasons Resort Costa Rica, First-Ever Peninsula Amenities, Expansive Network of Nature Trails and Only-Here Explorations
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Four Seasons Resort Costa Rica at Peninsula Papagayo Announces $35 Million Resort Renovation

The USD 35 million renovation of Four Seasons Resort Costa Rica will be guided by a locally-inspired yet globally-considered modern design narrative from Meyer Davis Studio. The renowned New York City-based design boutique will bring a handcrafted approach to effortlessly integrating the Resort’s signature indoor-outdoor spaces with the peninsula’s vibrant tropical landscape so that nature takes centre stage.
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WoodSpring Hotels Breaks Ground in Tinley, Ill.

WoodSpring Hotels has partnered with Holladay Properties, a privately held, full-service commercial real estate firm, to develop their third hotel in the Chicago market. This property will be located in Tinley Park, Ill., near the intersection of I-80 and Harlem Avenue.
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Church's Chicken Restructures Development Team

As part of the restructuring, Pete Servold, the new Executive Vice President of U.S. Operations, has taken on expanded responsibilities that include leading a newly established, dedicated domestic development team that will oversee construction, real estate, and new business.
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The Grosvenor House Hotel in London Sold

The Grosvenor House Hotel in London, was acquired by U.S. real estate firm Ashkenazy Acquisition Corp on 6th July 2017 in what constitutes the most significant single asset hotel deal in U.K. history. Financial terms were not disclosed.
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HVS Report – Key Takeaways – SEAHIS 2017

Key takeaways from the South East Asia Hotel Investors’ Summit include recurring themes throughout the region such as the rise of the millennial generation, the experience economy and the effects of political instability on regional outlook.
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