Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced today that it will open Hotel JAL City Nagoya Nishiki, the Okura Nikko Hotel’s first property in Nagoya, Japan. The company signed a contract with Enuwan LLC to operate and manage the hotel on January 31.
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Principals Geoff Davis and Angelo Stambules today announced the formation of Davis Hotel Capital, a hotel investment banking and mortgage brokerage firm with a focus on hospitality real estate.
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ARC Group, Inc. (OTCQB: ARCK), the owner, operator and franchisor of the Dick’s Wings & Grill concept, today announced that it has entered into a non-binding letter of intent to acquire Yobe Frozen Yogurt.
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Hilton (NYSE: HLT), Greystar Real Estate Partners, Concord Hospitality Enterprises Company and Whitman Peterson announced last week development plans for Canopy by Hilton Atlanta Midtown. The projec has broken ground and is scheduled to open in summer 2018.
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2016 was an exceptionally strong year for Canadian hotel transaction activity and in many markets, a robust year for operating performance.
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Launched in conjunction with Volvo Cars’ all-weather premium estate, the V90 Cross Country, and part of a bigger campaign promoting work-life balance, the Swedish automaker has teamed up with Tablet Hotels to offer a one-of–a-kind experience in the snowy serenity of the Swedish mountains.
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FORM’s 143-key flagship property is being developed by Dubai Contracting Company (DCC), and designed by Paris-based global architectural firm, Architecture-Studio. The hotel is currently under construction and is planned to open in Q1 2018.
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£16M investment programme for eight conversions brings total to more than 30 DoubleTree by Hilton properties in the UK
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CHICAGO (February 6, 2017) – Hyatt Hotels Corporation (NYSE: H) announced the opening of Hyatt Regency Xiamen Wuyuanwan, the first Hyatt Regency hotel in Xiamen in Southern China. The business…

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Apple Hospitality REIT, Inc. (NYSE: APLE) today announced that it has closed on the previously announced acquisition of a 124-room Courtyard by Marriott® in Fort Worth, TX for a purchase price of $18 million, or approximately $145,000 per key.
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