Officials of the former Banyan Investment Group today announced that the firm is rebranding as Satori Collective, an investment management firm focusing primarily on hotel property investment.
Source: New feed
Meliá Hotels to Open New Montenegro Hotel In 2025
Meliá Hotels International announced the development of the Meliá Bečići Budva Resort on the coast of Montenegro, located in one of the areas with the highest growth in tourism in the country. The hotel is expected to open in 2025.
Source: New feed
Heathman Hotel in Portland, Oregon Sold
The 151 Key hotel will undergo significant renovations of its guestrooms, public spaces, and flagship restaurant and bar
Source: New feed
Banyan Tree Management Relaunches As Aperture Hotels
The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company M&A.
Source: New feed
Crystal Investment Property Brokers the Sale of SureStay Plus Hotel by Best Western Moses Lake, Washington
Representing the Seller of this Highly-Sought-After Washington Franchise with Gas Station
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HVS Europe Hotel Transactions Bulletin Week Ending 17 March 2023
A summary of European hotel transactions provided by HVS
Source: New feed
FCPT Announces Acquisition of a Chili's Restaurant in New York for Under $1 Million
The property is located in New York and is corporate-operated under a triple net lease with approximately four years of term remaining.
Source: New feed
Hyatt Announces Timing of First Quarter 2023 Earnings Release and Investor Conference Call
CHICAGO (March 23, 2023) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release first quarter 2023 financial results on Thursday, May 4,…
Source: New feed
Hotel Financing – Move Fast and Break Things
A host of banking issues is complicating matters for the Fed, but are there silver linings for commercial real estate?
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Choice Hotels Holds Inaugural HERtels by Choice Development Seminar
Choice Hotels International, Inc. (NYSE: CHH kicked off its inaugural HERtels by Choice Development Seminar with nearly 40 franchise owners, general managers, and hotel associates in attendance.
Source: New feed