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.
Source: New feed
IntercityHotel Frankfurt Hauptbahnhof Süd scheduled to open on the South side of the main railway station in 2019
Source: New feed
Marriott International Reports Second Quarter 2017 Results Highlights
Source: New feed
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.
Source: New feed
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.
Source: New feed
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.’
Source: New feed
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
The second quarter saw strong sales activity with total year-to-date June transaction volume of $2.14 billion, nearly triple the activity seen in the first half of 2016. Download the Mid-Year Transaction Report which includes an analysis of year-to-date trading activity.
Source: New feed