Hilton (NYSE:HLT) this week announced plans to introduce its Hilton Hotels & Resorts brand to the affluent Surrey town of Woking, with the signing of a management agreement with Bandstand Square Developments Limited (BSDL). The new high-rise hotel will feature 196 guest rooms, including 12 suites, and is due to open in early 2021.
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A whole lot more Trump hotels may be coming to the US.
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None of the lenders surveyed for the Hotel Investors Gauge believe hotel values will increase significantly in the next 12 months
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Choice Hotels International, Inc. (NYSE: CHH) announced it has signed an agreement with franchise partner Stratus Development Partners, LLC, to develop a new Cambria hotel & suites in Sonoma County, Calif. The four-story, 132-room Cambria property will be located at 5870 Labath Avenue in Rohnert Park.
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Fairmont Hotels & Resorts and Next Century Associates yesterday announced the signing of definitive agreements for the revitalization and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.
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Virgin Hotels, the hotel brand by Virgin Group founder Sir Richard Branson, has announced plans to open and operate a new hotel in the Warehouse District of New Orleans.
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G6 Hospitalit today announced that it is extending its footprint to Central America. The hospitality group signed a new area development agreement with InterAmerican Development Group, Inc. (IADG), to bring its newly designed brands, Hotel 6 and Estudio 6, to Belize, Costa Rica, Panama and more.
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American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today the completion of its previously announced strategic acquisition of three Embassy Suites by Hilton hotels located in proximity to Columbus, Cleveland and Cincinnati, Ohio for an aggregate purchase price of approximately US$124 million.
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Kimpton Hotels & Restaurants today announced two new hotels opening in Los Angeles in spring 2017, doubling the brand’s presence in the city. Kimpton’s Southern California expansion will continue later in 2017 with the launch of a new property in Palm Springs.
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The opening of Crowne Plaza Kota Kinabalu Waterfront in 2021 will mark the entry of the brand into East Malaysia. The hotel will be part of a mixed-use development at a prime waterfront location in downtown Kota Kinabalu, sitting amindst high-end residences and a number of dining establishments which offer stunning views of the city’s waterfront.
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