This most recent partnership highlights Hilton’s presence and growth in Saudi Arabia, where it currently operates 16 hotels – with another 51 in the pipeline and plans to grow its portfolio to more 75 hotels in the coming years.
Source: New feed
Own Your Own (OYO), the newest company from Hotjobs.com founder Richard Johnson, is designed to give entrepreneurs the opportunity to open new businesses and revitalize small towns across America, starting with Burgaw, North Carolina.
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Pebblebrook Hotel Trust (NYSE: PEB) announced that on May 24, 2023, it closed on the sale of the 125-room Hotel Vintage Seattle in Seattle, WA for $33.7 million to a third party.
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The investments are in select service and extended stay assets and are diverse between healthy cash generating assets mixed with value-add opportunities.
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Deal Would Increase Scale, but Analysts Say Numbers Don't Add Up
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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.
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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.
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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
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Meliá Hotels International announced the 2024 opening of a Meliá Collection hotel in Milan, becoming the group's fifth hotel in the city.
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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.
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