Alterra Mountain Company has announced that it has entered into an agreement to purchase Idaho’s Schweitzer, further expanding the company’s portfolio in the Pacific Northwest by joining Crystal Mountain in Washington.
Source: New feed
Choice Hotels International, Inc. (NYSE: CHH) opened a company record, six WoodSpring Suites hotels during the month of May. These openings, which were led by a dedicated, extended stay team, account for 732 new economy extended stay rooms from coast to coast and 1,414 total new rooms for the brand since the start of 2023, with nearly 38,000 rooms in the domestic pipeline.
Source: New feed
Capital Tacos announced a new location will be coming soon to Jacksonville, Florida, a mere 200 miles from where the brand originated in Tampa.
Source: New feed
Indian Hotels Company (IHCL) today announced the signing of a resort in Naukuchiatal, Uttarakhand. This is a conversion and will be rebranded an IHCL – SeleQtions hotel after extensive renovations and expansion.
Source: New feed
Hoteliers with all-inclusive resorts say there's still untapped demand from some U.S. customers who don't yet trust the all-inclusive segment.
Source: New feed
My Place Hotels of America has entered into a two-phase franchise and development agreement with Rimrock Companies, a privately-held real estate development and investment company headquartered in Jacksonville, FL, for 10 extended-stay hotels throughout the South over the next six years.
Source: New feed
Located in key gateway cities and emerging destinations, these new hotels are present across Hyderabad, Bengaluru, Ujjain, Raipur, Sonamarg, Manali, Kerala, and Visakhapatnam.
Source: New feed
CHICAGO (June 1, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency London Blackfriars. Marking a key milestone in Hyatt’s strategic brand growth in the UK…
Source: New feed
Early works on reclamation and the first phase of the development of the Corinthia Maldives resort located on the Kaafu Atoll have commenced and will feature two islands hosting a 73-key resort on the larger of the two and a second, smaller private island for exclusive use.
Source: New feed
The property is located in a strong retail corridor in Ohio and is under net leases. The transaction was priced at a cap rate in range with previous FCPT transactions.
Source: New feed