MCR has acquired two hotels in Phoenix, Arizona – the 169-room Holiday Inn Express & Suites Scottsdale – Old Town and the 121-room Hampton Inn by Hilton Phoenix-Biltmore.
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CHICAGO (July 31, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced Hyatt-owned hotels in the U.S. have transitioned to 100% renewable electricity through Green-e Energy certified…
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Hilton (NYSE: HLT) has announced a number of new signings in China in the first half of this year, including Conrad Qingcheng Mountain, Hilton Shanghai City Centre, Hilton Shanghai Jing'an, Curio Collection by Hilton hotels in Yantai and Anji, Hilton Garden Inn Hangzhou Grand Canal and Hilton Garden Inn Chengdu Chenghua.
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A summary of European hotel transactions provided by HVS
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The property, built in 2013, was purchased by Monarch Group Hotels, based in Corpus Christi, Texas, from KJ Texas Properties LLC, based in Branson, Missouri.
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The property spans more than 23 acres on Scottsdale Road and features 378 premium guestrooms, including 12 suites with panoramic views of the scenic areas surrounding Camelback & Mummy Mountains.
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Since its launch in March 2021, the Fund has made investments in 10 hotels, investing approximately $228 million of Fund capital in equity investments. Its acquisitions include the Sea Crest Beach Hotel in Cape Cod, the Courtyard San Diego Downtown, and the EAST Miami.
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IHG Hotels & Resort has signed a management agreement with Almuhaysin Group to open the first Regent Hotel in the Middle East, in Saudi Arabia.
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The property, built in 2008, was purchased by Guests, Inc., based in Strasburg, Virginia, from Highlands of Warrenton LLC, based in Warrenton, Virginia.
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The founding families retain a significant interest, with Luis Contreras continuing as CEO
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