The property is located in Mississippi and is operated by Carrols Restaurant Group under a triple net lease with approximately sixteen years of term remaining.
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Nobu Hospitality and Asset World Corp Public Company Limited (AWC) announced an exclusive Thailand-wide development agreement, and the commencement of two projects in Bangkok.
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Current owners and operators of 35 years, Carol Wightman, Erik deBoer and Derek deBoer, will continue to own the remaining interest in the hotel. Noble House Hotels & Resorts will operate and manage the property going forward.
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Pan Pacific Hotels Group Accelerates Expansion in Japan in Partnership with Tokyu Hotels
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Based on the hotel’s operating performance for 2019, the $71.0 million sales price reflects a 9.1x EBITDA multiple and a 9.8% net operating income capitalization rate.
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Construction Costs Expected to Post Largest Increase in Years Due to Pressures From Both Supply and Demand Sides
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Golden Entertainment, Inc. (NASDAQ: GDEN) announced today that it entered into definitive agreements to sell Rocky Gap Casino Resort for aggregate cash consideration of $260 million.
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CHICAGO (August 25, 2022): Hyatt Hotels Corporation (NYSE:H) announced the opening of Grand Hyatt Gurgaon in Delhi NCR today. The 442-room luxury hotel is the first Grand Hyatt property in…
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Located just off Trafalgar Square and subject to planning, 5 Strand will become the latest hub by Premier Inn hotel in the estate and is expected to open sometime during 2027.
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Sofitel Clark will comprise 300 guest rooms while the Emblems Clark will feature 200 guest rooms. The landmark multi-agreement signing will see the expansion of a well-established partnership between Hann and Accor to six hotels in Clark, Philippines.
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