The investments are in select service and extended stay assets and are diverse between healthy cash generating assets mixed with value-add opportunities.
Source: New feed
Deal Would Increase Scale, but Analysts Say Numbers Don't Add Up
Source: New feed
HVS, as the sole and exclusive advisory firm to ownership, present thes opportunity to acquire the 136-key La Quinta Inn by Wyndham, a limited-service hotel asset in Clute, Texas.
Source: New feed
Wyndham Hotels & Resorts, Inc. (NYSE: WH) today announced that it successfully completed the refinancing of its previously outstanding Senior Secured Term Loan B Facility due May 2025. The Company closed on a new $1.1 billion Senior Secured Term Loan B Facility, which will mature in May 2030.
Source: New feed
Accor has signed a management agreement with Kokyo Asset Management Group in partnership with PGIM Real Estate, for a new Novotel in Nara, Japan. Novotel Nara is scheduled to open in Q3 of 2024
Source: New feed
Meliá Hotels International announced the 2024 opening of a Meliá Collection hotel in Milan, becoming the group's fifth hotel in the city.
Source: New feed
Hyatt Hotels Corporation (NYSE: H) announced the launch of a new Inclusive Collection brand, Impression by Secrets, with the opening of Impression by Secrets Isla Mujeres.
Source: New feed
CHICAGO (May 25, 2023) – Hyatt Hotels Corporation (NYSE: H) announced the continued expansion of the Hyatt Regency brand in the U.S. with the recent openings of two Houston-area hotels: Hyatt…
Source: New feed
Four Corners Property Trust (NYSE:FCPT) announced the signing of a definitive agreement to acquire up to 14 Darden restaurant properties (13 Cheddar’s Scratch Kitchen properties and 1 Olive Garden property) for a purchase price of up to $85.0 million on initial cash rent of up to approximately $5.35 million.
Source: New feed
First move-ins are slated for Fall 2024 with the retail and restaurant portions slated for completion in Fall 2025.
Source: New feed