Papa John’s International, Inc. (NASDAQ: PZZA) last week announced a partnership with FountainVest Partners to open more than 1,350 new stores across South China by 2040.
Source: New feed
RLJ Lodging Trust (NYSE: RLJ) today announced that it has acquired the 170-room Moxy Denver Cherry Creek for a purchase price of $51.3 million, or approximately $301,000 per key and completed the disposition of the 764-room DoubleTree Hotel Metropolitan New York City for gross proceeds of $169.0 million.
Source: New feed
Local real estate firm Blue Flag Partners announced its acquisition of The Beachside on Nantucket, a 94-key hotel on North Beach Street in Nantucket, MA.
Source: New feed
Achieves 15,100 units signed and property openings of over 8,200 units
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Located in the heart of São Paulo´s new Financial District, JW Marriott Hotel São Paulo will make its debut in Brazil's largest city
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Best Western Hotels & Resorts is breaking ground in Vietnam with the signing of two new projects in Ho Tram. It's located 110km from Ho Chi Minh City, and it's a beachfront resort area.
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The hotels are prominently located on East Bay Street, across from the Savannah River and River Street, and within walking distance to the Historic District's top attractions.
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The hotel construction is due to commence by mid-2022 and is expected to be completed by the end of 2026.
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Vietnam’s first large-scale onsen destination resort at Quang Hanh’s Yoko Park – and three hotels in Ba Na Hills – will open in 2026
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Six Senses will mark its entry into the UAE market with a 60-room hotel and 162 branded residences along a private stretch of beach on Palm Jumeirah's West Crescent. Six Senses The Palm, Dubai is set to open in late 2024.
Source: New feed