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Weekly Hotel Industry Asia Pacific News Roundup from HVS
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After an extensive refurbishment, the iconic Winston Hotel is expected to reopen as Park Hyatt Johannesburg in 2023
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Pebblebrook Hotel Trust (NYSE: PEB) today announced that on June 23, 2022, it acquired the AAA Four Diamond 257-room Gurney’s Newport Resort & Marina in Newport, Rhode Island for $174.0 million.
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The transaction comprises three premium resort and casino properties in Melbourne, Perth and Sydney.
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Noble Investment Group today announced the acquisition of the Hilton Garden Inn Boise Downtown, capping more than $1.0 billion of investment activity over the past year.
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Indian Hotels Company (IHCL) today announced that it is stepping into Manali, Himachal Pradesh with the signing of a new SeleQtions hotel. Located at Kullu-Manali Marg, the current Baragarh Resort & Spa will be converted to an IHCL SeleQtions resort post upgradation. The resort is a management contract with the Khullar's.
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Hard Rock International and GEK TERNA Group held a special event in Athens yesterday signaling the official start of their partnership for the construction and operation of an integrated resort and casino, located in the iconic area of the Athens Riviera, within the context of 'The Ellinikon' development.
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CHICAGO (June 23, 2022) – Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate entered into a management agreement with an affiliate of the Millat Group for the Winston Hotel…

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Located on La Sagesse Beach, and adjacent in-development Six Senses Grenada hotel, the InterContinental Grenada Resort is projected to open in 2025.
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The asset was sold to a buyer with several Choice hotels who will use a third-party management company to operate this Comfort Suites.
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