HVS Brokerage & Advisory announced the sale of the lender-owned (REO), 216-key Four Points by Sheraton Houston Greenway Plaza, located at 2828 Southwest Freeway, Houston, Texas 77098.
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The Vivanta and Ginger branded hotels will offer 275 rooms near the Statue of Unity
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Earlier today, Governor Glenn Youngkin announced that Hilton (NYSE: HLT), the leading global hospitality company, will retain its headquarters in Fairfax County, including significant upgrades to its facility at 7930 Jones Branch Drive in McLean.
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Vail Resorts acquired a 55-percent ownership of the resort operations from Andermatt Swiss Alps AG, which retains a 40-percent ownership stake, with a group of existing shareholders comprising the remaining 5-percent ownership.
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The Memorandum of Understanding (MoU) includes collaborations encompassing tourism destination and tourism marketing; the institutional field including the development of talent and human resource competencies in the tourism sector; the field of creative economic development, as well as other forms of collaborations beneficial for the tourism and hospitality industry within a period of three years from the signing.
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Rosewood Hotels & Resorts continues to grow its portfolio of residences with the announcement of Rosewood Residences Beverly Hills, the brand's first standalone residential condominium development in California.
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Indian Hotels Company (IHCL) today announced the signing of its fifth Ginger hotel in Ahmedabad. Located at Changodar, the hotel will be part of a mixed-use development project. This hotel is an operating lease with the Thakur Group of Companies.
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Pebblebrook Hotel Trust (NYSE: PEB) today announced that on August 2, 2022, it closed on the sale of the 306-room Sofitel Philadelphia at Rittenhouse Square in Philadelphia, PA for $80.0 million to a third party.
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Industry Recovery, Buyer Competition Drive Hotel Pricing in First Half of 2022
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Located in the lower Hudson Valley, along the border of Sloatsburg and Tuxedo Park, The Ranch Hudson Valley is set amidst 200 forested acres in a 40,000+ square foot estate steeped in history. Known as the Table Rock Estate, it was built in 1902 by JP Morgan for his daughter as a wedding gift when she married the great grandson of Alexander Hamilton.
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