Sonnenblick-Eichner Company, on behalf of Woodside Hotel Group, has arranged $26,750,000 of non-cross collateralized, fixed rate, first mortgage financing for the Lafayette Park Hotel & Spa and The Lodge at Bodega Bay, located in Lafayette and Bodega Bay, California, respectively.
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CHICAGO (January 10, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with La Manga Club, S.L. (an affiliate of Grupo…
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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The property is located in Pennsylvania and is corporate-operated under a triple net lease. The transaction was priced at cap rate in range with previous FCPT dispositions.
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VICI Properties Inc. (NYSE: VICI) announced today that the Company has closed on the previously announced acquisition of the remaining 49.9% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort from Blackstone Real Estate Income Trust, Inc. for cash consideration of approximately $1.27 billion and VICI’s assumption of BREIT’s pro-rata share of existing property-level debt.
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The 322-room hotel and resort is located in Tusayan, Ariz. – only 7 miles from the South Rim entrance of Grand Canyon National Park, making it one of the closest lodging options to the park. Terms of the purchase are not being disclosed.
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CHICAGO (December 30, 2022) – Hyatt Place Hangzhou International Airport, the first Hyatt Place hotel in Hangzhou city, is officially open, expanding the Hyatt Place brand’s footprint globally…
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CHICAGO (January 9, 2023) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Izmir IstinyePark, located in Balçova, a charming district of Izmir and one of the…
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The new casino complex will include the first hotel to be built on the Brighton Seminole Reservation. It will feature 100 guest rooms on four stories, totaling 72,000 square feet. Guest rooms will include a mix of rooms with one king bed and two queen beds, plus three suites and a fitness center.
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Tex-Mex Concept Unveils Development Plans for the New Year
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