Nobu Hospitality Expands into Lisbon with Nobu Hotel and Restaurant Lisbon

The first Nobu Hotel and Restaurant in Portugal will be situated in the heart of Lisbon, on the famed Avenida da Liberdade. This prestigious address, renowned for its luxury boutiques and distinct 19th century architecture, offers discerning travelers direct access to the city's upscale retail, five-star restaurants, and key cultural landmarks.
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75% Interest in the Mandarin Oriental New York Hotel Sold

JLL Hotels & Hospitality announced today that the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. has been completed. JLL represented the sellers in the sale of their ownership stake.
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86 Room Hampton Inn & Suites by Hilton Hershey in Pa. Sold

Shaner Hotels today announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pa. Shaner also will operate the property and plans to implement $1.2 million in renovations to completely remodel guest rooms.
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