Park Hyatt Beaver Creek Resort & Spa Sold For $145.5 Million

Ashford Hospitality Prime, Inc. (NYSE: AHP) today announced it has entered into a definitive agreement to acquire the 190-room Park Hyatt Beaver Creek Resort & Spa in Beaver Creek, Colorado for $145.5 million ($766,000 per key).
Source: New feed

Kimpton Hotel Announced for Museum Place in San Jose, California

Kimpton Hotels & Restaurants announced yesterday its first property in San Jose, California at Museum Place, a mixed-use development by Insight Realty Company that will also expand the Tech Museum of Innovation, slated to open in 2021.
Source: New feed

IHG Signs Eight Hotels in Germany

Announcement, made at the International Hotel Investment Forum (IHIF), follows the news that IHG achieved record signings in 2016 and now has more than 100 hotels either in the pipeline or in operation in the market
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