Sonnenblick-Eichner Company announced today that it has arranged $22 million of non-recourse first mortgage financing for the leasehold interest in the Doubletree by Hilton Los Angeles-Commerce, a 201-room hotel located in the city of Commerce, approximately six miles southeast of downtown Los Angeles.
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CHICAGO (November 29, 2022) – Hyatt Hotels Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and…
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The Westin Hilton Head Island Resort & Spa announces today that it has embarked on a $10 million renovation to reimagine the resort's existing 416 guestrooms to grow to 419 rooms including 32 suites.
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Opening in 2026 on Saadiyat Island Nobu Hotel will feature 165 guest rooms and suites, including a stunning Nobu Villa.
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CHICAGO (November 27, 2022) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Regency Trivandrum in Kerala. The hotel is the third Hyatt property in the state of Kerala…
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Redhill Hospitality has acquired the freehold going concern interest in Tenterfield’s Best Western Henry Parkes Motel, highlighting the continued investor interest in quality motels in strategic locations.
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The hotel will be a part of the new center that measures 270,000 square meter along with parking spaces, restaurants, and a filling station amongst others.
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The property is located in a strong retail corridor in Florida and is under a triple net lease. The transaction was priced at a cap rate in range with previous FCPT transactions.
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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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The 243-key Radisson Resort & Spa Hua Hin will soon become the Group's 6th property in Thailand when it opens in February 2023. The resort is nestled directly on Thailand's golden gulf coast, a 2.5 hours' drive from Bangkok, offering 243 rooms and suites, all with balconies overlooking stunning views of the sea.
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