IHG Hotels & Resorts has signed a management agreement with Gauri Resort & Banquet Services for the Holiday Inn Express & Suites Hapur, set to open in 2027.
Source: New feed
Indian Hotels Company Limited (IHCL) announced the expansion of 100 new locations in FY2025, with 74 signings and 26 openings. This addition brings its portfolio to 380 hotels.
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The six-hotel cluster will offer 999 keys managed by Valor Hospitality Partners, combining three existing Accor properties with three new ones.
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Smith Hill Capital and Bain Capital have announced a successful joint venture, which resulted in a $235 million refinancing for the iconic Gurney’s Montauk Resort & Seawater Spa in Montauk, New York.
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The development includes over 500 new rooms and suites, an expanded casino, five new dining options, and more.
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This in-depth guide breaks down the key lease types, investment benefits, and practical strategies to help hotel owners and investors make smart, informed decisions.
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The 800-room, 17-story property, slated for completion in late 2027, will be an anchor for Miami Beach’s Convention Center District. It will provide new luxury accommodations and public spaces, as well as improved connectivity and infrastructure upgrades.
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The company is preparing to launch six additional hotels nationwide under its Dusit Princess and Dusit Collection brands.
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The transaction price is approximately $203,670 per room, representing an 8.6x multiple on the property’s Hotel EBITDA.
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The residences, ranging from 3 to 4 bedrooms and 4,000 to 6,000 square feet, are just 30 minutes from Palm Beach.
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