Al Faisaliah Hotel has officially rebranded as Mandarin Oriental Al Faisaliah, Riyadh. This marks Mandarin Oriental Hotel Group’s debut in the Kingdom.
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The all-cash transaction, with total consideration of approximately $1.5 billion, inclusive of net debt, broadens HGV’s offerings, customer reach and sales locations, creating a premier vacation ownership and experiences company.
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Baxter Hotel Group plans to begin construction on its 16-story, dual-branded hotel this month and expects a 22-month construction timetable.
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The range of hospitality, leisure, entertainment and accommodation options provided by THE RIG. include three hotels totaling 800 rooms, along with 11 restaurants, an extreme sports and adventure park, a world-class marina, and helipads.
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The Hard Rock Hotel and Residences will be located within the Pointe Vista development, joining a 2,700-acre master-planned resort community featuring over 19 miles of shoreline, a golf course, enclosed waterpark, family entertainment center, amphitheater, casino and more. The project is expected to create over 9,000 jobs in the area.
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CHICAGO (January 16, 2024): Hyatt Hotels Corporation (NYSE: H) today announced an agreement between a Hyatt affiliate and City Hotel Limited to transform Hyatt Place Kathmandu into the planned…
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MEININGER Hotel Wien Downtown Franz is to be renovated in 2024 following the prolongation of the contract until 2043.
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HVS Brokerage & Advisory announces the sale of the 51-key Hotel Artesia, located at 203 North 2nd Street, Artesia, New Mexico, 88210.
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Luxury mixed-use development to open in 2026
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LuxUrban Hotels Inc. (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that The Royalton by LuxUrban, Trademark Collection by Wyndham is expected to begin welcoming guests on or before January 30, 2024.
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