Accor today shared an update on its market leading position in the global extended stay, serviced apartments and private rentals segments including new destinations for its brand.
Source: New feed
Loan Maturities Open Up Lending Opportunities in the Hotel Industry – CoStar
Members of the Lodging Industry Investment Council discussed the state of lending at The Lodging Conference 2023.
Source: New feed
Construction Starts on a New 113 Room Chiswick (West London) Travelodge Hotel
This is the group’s fourth hotel currently being built in London. The other three new-build hotels are being constructed at the Kia Oval Cricket Ground, in Bermondsey and in Beckenham
Source: New feed
Choice Hotels CEO Expects Wyndham Executives to Return to the Negotiating Table – Yahoo
Choice Hotels CEO Pat Pacious is ready to book a stay inside the boardroom of budget hotel rival Wyndham to conduct some due diligence.
Source: New feed
The Siegel Group Acquires Sunstyle Suites Inn Located in Orlando, Florida for $10.33 Million
The Siegel Group announced today that it had acquired the former Sunstyle Suites Inn located in Orlando, Florida. The property, which closed in a quick 30 day off-market transaction, was purchased for $10.33 million.
Source: New feed
Kalahari Resorts & Conventions Breaks Ground on 1.38 Million-square-foot Resort in Thornburg, Spotsylvania County, Virginia
Kalahari Resorts and Conventions broke ground in Spotsylvania County, Virginia — it’s fifth resort — on Friday, October 20, 2023. The ceremony marked the beginning of the construction of the 1.38 million-square-foot resort, estimated to open its doors to the public in 2026.
Source: New feed
Residence Inn by Marriott Seattle South/Renton Sold for $55.5 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has completed the acquisition of the 146-room Residence Inn by Marriott Seattle South/Renton for approximately $55.5 million, or $380,000 per key.
Source: New feed
IHCL Debuts in Sirmaur, Himachal Pradesh with the Signing of an IHCL-SeleQtions Hotel
Indian Hotels Company (IHCL) today announced the signing of its first SeleQtions branded hotel in Sirmaur, Himachal Pradesh. This is a Brownfield property, slated to open in 2024.
Source: New feed
LXR Hotels & Resorts Set to Make 2026 Debut in Italy
Hilton launches its LXR luxury brand in Italy with the Grand Hotel Gardone Lake Garda, opening in 2026
Source: New feed
Downtown Miamis Citigroup Center Inks Deal With Cactus Club Cafe for 10,000-SF Restaurant and Lounge on Ground Floor
Canada-based Cactus Club Cafe to open first Florida location at the Miami trophy tower
Source: New feed