Marriott International, Inc. today announced the signing of a management agreement with Grupo Puntacana and MAC Hotels to begin construction on thecW All-Inclusive Punta Cana in Uvero Alto, an adults-only all-inclusive luxury property in the Dominican Republic.
Source: New feed
FLEETCOR to Acquire European Workforce Lodging Business
Deal Extends Workforce Lodging Business to International Markets
Source: New feed
JRK Property Holdings Buys 179 Room Hotel in Palm Springs, Calif.
The transaction is the firm’s 6th acquisition in its $350 Million Hospitality Fund
Source: New feed
294 Room Hub by Premier Inn Tops out in Marylebone, Central London
The 294-bedroom hub by Premier Inn is one of three new hotels being developed by Whitbread, the parent company to Premier Inn, in the Marylebone and Paddington catchment of Central London.
Source: New feed
HTeaO Inks 93 New Signed Franchise Agreements
HTeaO is currently open and operating in Florida, Texas, Kansas, New Mexico and Oklahoma. The following states have signed franchise agreements with sites secured and/or under development: Alabama, Arkansas, Arizona, Colorado, Georgia, Louisiana, Missouri and Tennessee.
Source: New feed
HVS Europe Hotel Transactions Bulletin Week Ending 14 October 2022
A summary of European hotel transactions provided by HVS
Source: New feed
FCPT Announces Acquisition of a Torchys Tacos Property from Seritage Transaction for $2.2 Million
The property is located in a strong retail corridor in Florida and is corporate-operated under a triple net lease with approximately 6 years of term remaining.
Source: New feed
Hyatt Centric Brand Expands to Southeast Asia with the Opening of Hyatt Centric Kota Kinabalu in Malaysia
CHICAGO (October 20, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Kota Kinabalu, which marks the debut of Hyatt’s rapidly growing lifestyle brand in…
Source: New feed
Hyatt Regency Hainan Ocean Paradise Resort Welcomes Guests to Foster Connections Beside the Idyllic South China Sea
CHICAGO (October 20, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Hainan Ocean Paradise Resort. The hotel is the stunning centerpiece of the new Hainan…
Source: New feed
Aloft Sugarloaf Hotel in Northeast Atlanta Sold
The RADCO Companies (RADCO) has acquired Aloft Sugarloaf in Atlanta, a newly developed five-story, 112-key hotel located directly off I-85, one of the nation's busiest interstates. Additional terms of the deal were not disclosed.
Source: New feed