The agreement allows Hyatt to exclusively negotiate potential strategic options with Playa, potentially leading to Hyatt acquiring the resort company.
Source: New feed
CHICAGO (December 23, 2024) – Hyatt Hotels Corporation (the “Company” or “Hyatt”) (NYSE: H) today disclosed it has executed an exclusivity agreement with Playa Hotels & Resorts N.V….
Source: New feed
The joint venture, operating under the name Lark Hospitality LLC or simply Lark, will include all existing Lark Hotels and Life House-branded hotels.
Source: New feed
Trinity Investments, a private real estate investment firm, has purchased the Fairmont Olympic Hotel, a historic 450-room luxury hotel in downtown Seattle.
Source: New feed
This partnership will see Schwartz Family Company investing in Prima’s London Paddington hotel redevelopment project, and likely future endeavors.
Source: New feed
The renovation will include a total redesign of all guest rooms, a significant upgrade of the conference facilities, and a complete overhaul of the lobby and dining establishments, Article One – American Grill and Bar.
Source: New feed
Minor Hotels has expanded its Australasian portfolio with the addition of the Queen’s Wharf Residences in Brisbane. From early 2025, the company will take over the management letting rights for the residential development.
Source: New feed
The project is scheduled to begin construction in Q1 2025 and be completed by Summer 2026.
Source: New feed
DSH Hotel Advisors, a Tampa-based hotel brokerage and advisory firm, has announced the sale of the 68-room Comfort Inn & Suites in DeLand, Orlando, finalized on December 11, 2024.
Source: New feed
The site is located at 1550 River Road, San Marcos, TX 78666, close to city attractions.
Source: New feed