Focus Brands Boasts 175+ Open Co-Branded Units Alongside an Additional 65 in Development
Source: New feed
Investors Spent Big on UK Hotel Portfolios – CoStar
UK Hotel Transactions Rise but Still Lag 2019 Levels
Source: New feed
Consortium Complete Acquisition of Portuguese Investment Manager ECS Capital Including 18 Hotel Portfolio
A consortium led by investment funds advised by Davidson Kempner Capital Management LP, and comprising operating partners Highgate and Kronos has completed the acquisition of leading Portuguese investment manager ECS Capital.
Source: New feed
Voco Jim Corbett Hotel to Open 2024 in India
IHG Hotels & Resorts has announced the signing of a management agreement with Satyadeo Hospitality Private Limited to convert Corbet Aamond Spa & Resort into India’s first voco hotel.
Source: New feed
The Reach at Piccadilly, Manchester, a Tribute Portfolio Hotel to Open 2023 in the U.K.
The hotel will be owned by Molo Hotels and operated by Lighthouse Hotel Management, and it will be the company's fifth UK opening and will join Molo and Lighthouse's expanding portfolio which also includes hotels in Aruba and Rome'.
Source: New feed
127 Room Hyatt Place Phoenix Hotel in Arizona Sold
HCW announces the purchase of the 127 guest room Hyatt Place Phoenix Gilbert. The six (6) story Hyatt property was built in 2009 and recently experienced a partial renovation. HCW plans to continue the upgrades in the coming year.
Source: New feed
Global Transformation of Sheraton Hotels & Resorts Gains Momentum Throughout Greater China
With 2022 coming to a close, the transformation of Sheraton Hotels & Resorts continues to build momentum across the globe, with Greater China now featuring eight properties exemplifying the modernized design concept, including the soon-to-open Sheraton Xi’an Chanba.
Source: New feed
FCPT Announces Acquisition of a Red Lobster Property and a Smokey Bones Property for $6.9 Million
The properties are located in a highly trafficked corridor in New York and are corporate-operated under triple net leases with a weighted average of 2.5 years of term remaining.
Source: New feed
HVS Europe Hotel Transactions Bulletin Week Ending 23 December 2022
A summary of European hotel transactions provided by HVS
Source: New feed
US $130 Million Kempinski Residences Sapanca Will Open 2026 in Turkey
Kempinski Announces Two New Projects in Turkey
Source: New feed