Sandpiper Lodging Trust (SLT) announced today that it completed the acquisition of five (5) operating hotels from affiliates Sandpiper Hospitality III, LLC and Sandpiper Hospitality IV, LLC that operate under the WoodSpring Suites brand.
Source: New feed
Lufthansa Submits Offer to Acquire a Stake in ITA
Deutsche Lufthansa AG is aiming to acquire a stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.).
Source: New feed
HVS Europe Hotel Transactions Bulletin Week Ending 13 January 2023
A summary of European hotel transactions provided by HVS
Source: New feed
204 Key Voco Gurugram Golf Course Extension Road Hotel Announced for India
IHG Hotels & Resorts has signed a management agreement with Atharva Hotel Superfluities India Pvt Ltd for a new build voco hotel – voco Gurugram Golf Course Extension Road. The hotel is currently in advanced stages of construction and will open soon.
Source: New feed
Radisson Hotel Group Provides Update on 2022 Expansion
In 2022, Radisson Hotel Group continued to drive forward its ambitious expansion plan to be one of the top three hotel groups in the world with its portfolio of nine distinct brands and its growing resorts portfolio.
Source: New feed
FCPT Announces Disposition of a Red Lobster Property for $4.7 Million
The property is located in North Dakota and is corporate-operated under a triple net lease.
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Cove Capital Investments Adds New Chipotle Net Lease Property in Wichita, KS to Its Debt-Free Net Lease Income Fund 18
The brand new Chipotle restaurant retail building is the latest addition to the Cove Capital Net Lease Income Fund 18 that continues to acquire and actively manage a portfolio of unleveraged, single corporate tenant, long-term net lease income-producing industrial, medical, and retail assets throughout the United States
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Element Hotel by Westin at Mayfaire Town Center in Wilmington, North Carolina Announced for 2024
The new hotel marks the brand’s entrance into the Wilmington market. The 83,000-square-foot hotel will be located on International Drive.
Source: New feed
Andaz Mexico City Condesa Officially Debuts in Mexico City’s Condesa Neighborhood
CHICAGO (January 18, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of, Andaz Mexico City Condesa, marking the first urban Andaz property in Mexico and the second…
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Marriott International to Develop Three Hotels in Maricá, Rio De Janeiro
The brands include the Ritz-Carlton Reserve, which will have its first resort in South America; JW Marriott, which is expected to be one of the brand’s first all-inclusive hotel in the world; as well as the Rock in Rio, Autograph Collection, the first hotel with the festival's brand.
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