The property is located in a strong retail corridor in Illinois and is occupied under a triple net ground lease with approximately two years of term remaining.
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CHICAGO (August 9, 2022) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second quarter 2022 financial results. Net income attributable to Hyatt was $206 million, or…
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HVS Asia Pacific Hospitality Newsletter – Week Ending 5 August 2022
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Four Corners Property Trust (NYSE:FCPT) announced the acquisition of a Capital One property and a ground lease Chuck E. Cheese property for $3.3 million.
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The property is located in Michigan and is franchisee-operated under a lease with approximately two years of term remaining.
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Signs over 7,500 units in 1H 2022, a 32% year-on-year increase, as global travel recovers
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SLS Bahia Beach marks the fourth luxury tower from the SLS brand in Cancun, joining the SLS Cancun Hotel & Residences, SLS Harbour Beach and SLS Marina Beach.
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Baring Private Equity Asia announced on Wednesday that its affiliated real estate funds have completed the acquisition of the Sydney Hilton hotel for A$530 million (US$370 million). The deal is the largest-ever single asset transaction in the Australian hospitality sector.
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Extended Stay America announced today that subsidiaries of ESH Hospitality, Inc. are converting more than 100 recently acquired WoodSpring Suites hotels to the Extended Stay America family of brands later this year.
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Indian Hotels Company (IHCL), India's largest hospitality company, today announced the signing of its first hotel under the Taj brand in Ranthambore, Rajasthan. The currently operational hotel will be rebranded as Taj post upgradation. This hotel is a management contract with The Footprints Ranthambore.
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