Dominican Republic’s leaders and officials gathered today in Punta Cana to support a more than $350 million project investment, led by entertainment enterprise Falcon’s Beyond Global, and in partnership with Meliá Hotel International
Source: New feed
Conrad Maldives Rangali Island turns the page to write its next chapter after an expansive multi-million dollar refurbishment, revealing plans to debut its Grand Relaunch in February 2022.
Source: New feed
Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust headquartered and incorporated in the state of Maryland, on Friday announced that it has completed the sale of the Company’s 15 hotels.
Source: New feed
Linchris Hotel Corporation, today announced the acquisition of The Crowne Pointe Inn & Spa and The Brass Key Guesthouse in Provincetown, MA.
Source: New feed
The portfolio consists of the existing 157-room Hilton Garden Inn Fort Worth Medical Center in Fort Worth, Texas, for a total purchase price of $29.5 million, or approximately $188,000 per key; the existing and recently renovated 112-room Homewood Suites by Hilton Fort Worth Medical Center in Fort Worth, Texas, for a total purchase price of $21.5 million, or approximately $192,000 per key; and the existing 243-room Hampton Inn & Suites by Hilton Portland Pearl District in Portland, Oregon, for a total purchase price of $75 million, or approximately $309,000 per key.
Source: New feed
JLL Capital Markets announced today that it has arranged the multi-million dollar sale and financing of Naples Mansion House, a 5.25-acre, trophy, beachfront condominium development site in the southwestern Florida community of Naples.
Source: New feed
First location now open in Toronto, Canada for takeout and delivery
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CHICAGO (November 18, 2021) – Hyatt Hotels Corporation (NSYE: H) today celebrated the opening of Hyatt Place Allentown / Lehigh Valley and Hyatt House Allentown / Lehigh Valley,…
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Twenty months into the Covid-19 pandemic, the Canadian tourism industry is now on a glide path to normalcy. Investor sentiment for the lodging asset class continues to improve with transaction volume through Q3 reaching nearly $1.1 billion, surpassing full-year volume in 2020 and pacing close behind comparable levels of pre-Covid investment activity in 2019.
Source: New feed
Executives of publicly traded hotel companies and real estate investment trusts detail the value-enhancing projects that are completed and underway in their portfolios.
Source: New feed