NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February of 2021 and has 199 rooms and suites, the brand’s signature AC Lounge and AC Kitchen, and a patio that will feature live concerts and other entertainment.
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Approaches Include Higher Offers, Shortened Timelines and Non-Refundable Deposits
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The new build IntercityHotel Rome Tiburtina will become Deutsche Hospitality’s first hotel in the Italian capital once it opens for business in 2024
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Kempinski Laje de Pedra Hotel to open in the Serra Gaúcha Region
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The city resort, located next to Eros Airport and just 10 minutes from the city centre, features the 215-key Safari Court Hotel, the 199-key Safari Hotel, and a conference centre, with 16 venues including a 1,600-square-metre ballroom catering to 2,400 delegates.
Source: New feed
A summary of European hotel transactions provided by HVS
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Anantara Hotels announced Anantara Ubud Bali Resort is scheduled to open in mid-2022 and it is the brand’s third resort on the Indonesian island of Bali.
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Chicago-based hotel investment and management company, Arbor Lodging Partners, announced last week its latest acquisition and first expansion into the Phoenix market, with AC Hotel Phoenix Downtown.
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CHICAGO (August 30, 2021) – Hyatt Hotels Corporation (NYSE: H) today announced a collaboration between the Hyatt Place Brand and Gopuff, a go-to platform for consumers’ immediate everyday…
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The RADCO Companies (RADCO announced the acquisition of the 174-room, full-service DoubleTree by Hilton Atlanta Roswell hotel in Roswell, GA for $13.75 million from a real estate fund divesting of hospitality assets.
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