Adelaide’s Patritti family has announced it will be selling its historic winery and two vineyards in McLaren Vale. This provides potential buyers with an opportunity to invest in a major player in South Australia’s wine industry.
Source: New feed
A summary of European hotel transactions provided by HVS
Source: New feed
Hotel Okura Co., Ltd., a prominent Japanese hotel operator, has signed a new management agreement with Thailand’s Asset World Corporation (AWC). The agreement, signed on December 19, 2024, will result in two new hotels: Okura Resort Chiang Mai and The Okura Prestige Sukhumvit Bangkok Hotel and Spa. Both properties are expected to open in 2028.
Source: New feed
LionGrove, a hospitality investment firm, has announced its acquisition of ADERO Scottsdale Resort, Autograph Collection.
Source: New feed
New logos, which will start to appear at hotels this year, shepherd in a new phase of Radisson upscale brand advancements, including first on-property elements developed by Choice following its repositioning of the brands
Source: New feed
Hotel brands have become stricter with property improvement plans (PIPs), but owners and investors can still negotiate.
Source: New feed
CBRE Group, Inc. has announced plans to establish its Global Financial Headquarters at Lever House, 390 Park Avenue, in Midtown Manhattan.
Source: New feed
Source: New feed
This 212-bedroom hotel, set to open in early 2026, is part of Whitbread’s plan to expand its footprint in central London.
Source: New feed
CHICAGO (January 1, 2025) – Hyatt Hotels Corporation (NYSE: H) and hotel owner CAL Hotel Co LTD, an affiliate company of China Airlines, announced today the opening of Hyatt Regency Taoyuan…
Source: New feed