Aberdeen City Council and Hilton Worldwide (NYSE:HLT) have signed a franchise licence agreement to open a 200 room Hilton Hotels & Resorts property at the new AECC. Hilton Aberdeen Exhibition & Conference Centre, set to be the fourth Hilton property in the city, will connect directly to the new AECC and is expected to create approximately 350 jobs.
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Hersha Hospitality Trust (NYSE: HT) announced the Company has entered into a definitive agreement to sell a 5-hotel suburban portfolio totaling 757 rooms for $185.0 million, or $244,000 per key.
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Simon (NYSE: SPG) announced that Nobu and Fig & Olive will join the lineup of more than 75 exclusive concepts at The Galleria, Houston’s premiere shopping and tourist destination.
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Officials of the PRISA Group and Peachtree Hotel Group announced that their partnership broke ground on development of three, select-service hotels in Florida.
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Having just completed a comprehensive, five year top-to-bottom renovation, the Sheraton Grand Salzburg joins a portfolio of 34 other Sheraton Grand properties worldwide, with destinations ranging from Istanbul and Dubai, to Beijing and beyond.
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Originally constructed in 1923 as the historic Claridge Hotel, the property was repositioned to InterContinental Hotel Group’s Hotel Indigo in May 2005. Featuring 165 guestrooms, the 12-story Hotel Indigo is ideally situated in the heart of Chicago’s affluent Gold Coast neighborhood; steps from downtown Chicago’s renowned Magnificent Mile and less than two blocks from the nightlife and entertainment intersection of Rush and Division Streets.
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Built in 1910, this property is a historic landmark located at 110 West Broadway, in the heart of downtown Salt Lake City.
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Baskin-Robbins announced today the signing of a multi-unit store development agreement with new franchisee Sharooz Setareh to develop three new ice cream shops in Santa Monica and Beverly Hills over the next few years.
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H. Brandt Niehaus, president of Huff, Niehaus & Associates, Inc., arranged the sale of the 101-room Holiday Inn located in Hopkinsville, Kentucky. The hotel sold for $5,450,000.
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Company is Targeting Growth in Burlington, Greensboro and Greenville
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