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Weekly Hotel Industry Asia Pacific News Roundup from from HVS
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Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, announced today that it has completed its acquisition of Captain D's Seafood and affiliated entities, a leading seafood-themed quick service restaurant group. Terms of the transaction were not disclosed.
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Wheelock Street Capital announced it has acquired two premium limited service assets in San Diego’s Gaslamp Quarter, the Courtyard by Marriott San Diego Gaslamp located at 453 Sixth Ave., and the Moxy San Diego Downtown/Gaslamp Quarter, located at 831 Sixth Ave. from San Diego based J Street.
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Opening in 2024, the 124-room resort will be the fourth Kimpton hotel in the Kingdom.
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Brings Total to 42 Hotels Sold for Aggregate Proceeds of Nearly $400 Million
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The Hotel will remain in the Hampton System for 5 years and is well positioned to continue to benefit from the increased activity along the I-74 corridor.
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Affiliates of Certares Real Estate Management LLC (Certares) and HRI Hospitality, LLC (HRIH) will add two properties to their portfolio: the DoubleTree Suites by Hilton Hotel Doheny Beach in Dana Point, California, and the Hilton San Antonio Hill Country in San Antonio, Texas.
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Bringing the first Mövenpick property to Ras Al Khaimah, as well as the first Mövenpick Resort to the UAE, Mövenpick Resort Al Marjan Island is set to become a major landmark in the region.
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The 75 keys Ginger hotel is strategically situated off Fatehabad Road, a short drive from The Taj Mahal as well as other historic monuments such as the Agra Fort and Itmad-ud-Daula tomb. The hotel will feature an all-day diner and bar, fitness centre and a meeting room.
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Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with Grupo Murano for a new luxury lifestyle hotel, Andaz Condesa Mexico City, to be located in Mexico City’s Condesa neighborhood.
Source: New feed