The hotel is connected to the popular Watters Creek Convention Center, featuring over 79,000 square feet of conference space, including 40,000 square feet of exhibit hall space, a 12,000 square foot ballroom, and another 18,000 square feet across 18 unique meeting and exhibit rooms
Source: New feed
Dynamic City Capital (DCC), a Utah-based firm focused on premium-branded hotel investments, yesterday announced the acquisition of the Hilton Garden Inn and Homewood Suites by Hilton San Diego Downtown/Bayside hotels. Built in 2016, the two hotel properties combine to create a 364-key dual-branded campus.
Source: New feed
Hilton to increase presence in Indian Ocean oasis with dual brand signing
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The transaction was priced at a 5.75% cap rate on rent today, exclusive of transaction costs. The sale is the result of an unsolicited offer from a local buyer, Lineberry Properties, Inc.
Source: New feed
IHG Hotels & Resort has signed an an agreement with Immohold Hospitality, to introduce the InterContinental Hotels and Resorts brand in Rabat.
Source: New feed
Signs nine franchise agreements to develop 23 new restaurants
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Pebblebrook Hotel Trust (NYSE: PEB) today announced that it had executed a contract to sell the 416-room Sir Francis Drake in San Francisco, CA to a third party, which the Company expects will generate $157.6 million of proceeds after customary closing costs.
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Deutsche Hospitality and Huazhu are planning a further hotel project in China in the form of a new Steigenberger Hotel in Kunming, a location which is nicknamed the 'City of Eternal Spring' because of its temperate climate. The Steigenberger Hotel in Kunming is planned and will be operated by Huazhu, the shareholder of Deutsche Hospitality.
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Haidilao announced today that it will be ready to open its new Frisco location at the beginning of March 2021. The 7,103 SF restaurant is located at 9244 Prestmont Place inside the new Frisco Oasis Development – east of Preston Road, across from the 99 Ranch Market complex – a shopping center already filled with popular Asian retail and eateries.
Source: New feed
Franchisees and Corporate Leadership Align to Maximize Growth and Market Share in Years Ahead.
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