IHG Hotels & Resorts (IHG) yesterday announced the signing of four new properties in Spain, adding over 500 rooms across key mature markets in desirable destinations.
Source: New feed

Over $160 million has been invested to revitalize the Victorian building, and the opening of its guest rooms will mark an important milestone in Blackstone’s more than $550 million restoration plan.
Source: New feed

B&B HOTELS, has taken a further significant step toward fulfilling its ambitious growth plans in the United Kingdom with the takeover of five hotels at locations in Birmingham City Centre, Ipswich, Inverness, Warrington and Derby.
Source: New feed

Smith Hill Capital and Bain Capital Special Situations announced this week that their joint venture originated and executed a $72 million first mortgage loan to KSL Capital Partners to refinance Hotel Viking, located in Newport, Rhode Island.
Source: New feed

This fundraising targets businesses and funds interested in the luxury market, resorts, and regional revitalization through inbound tourism.
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Walker & Dunlop, Inc. announced yesterday that it arranged $148,000,000 in loan proceeds to refinance The Victoria, a multi tower, 30-story project built around Harlem’s Victoria Theater redevelopment.
Source: New feed

Anticipated to open on Ramhan Island, an exclusive waterfront destination in Abu Dhabi, the property will offer a secluded escape complete with expansive views across the azure waters of the Arabian Gulf.
Source: New feed

Xenia Hotels & Resorts, Inc. (NYSE: XHR) yesterday announced it has completed the disposition of the 107-room Lorien Hotel & Spa in Alexandria, VA, for $30 million, or approximately $280,000 per key.
Source: New feed

A summary of European hotel transactions provided by HVS
Source: New feed

This latest public consultation follows an earlier consultation in the spring which introduced WhitbreadÕs plans to comprehensively redevelop the site of the Norwich Nelson hotel, the Nelson Table Table restaurant, several commercial units, car parking spaces and surrounding land.
Source: New feed