Embassy Suites by Hilton Washington D.C. Georgetown Sold

EOS Investors LLC, a privately held real estate investment firm, today announced its acquisition of Embassy Suites by Hilton Washington D.C. Georgetown, a 197-room hotel in the capital's West End neighborhood at the doorstep of historic, Georgetown.
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Holiday Inn Balikpapan to Open 2021 on Borneo Island

InterContinental Hotels Group (IHG) today announces the signing of a management agreement with PT Wijaya Karya Realty (WIKA Realty) to open the new build Holiday Inn Balikpapan slated to open in 2021. The 300-room hotel will form part of a mixed-use development called Tamansari Skylounge Balikpapan which comprises of a residential tower and the hotel.
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Xenia Hotels & Resorts Sells Seven-Hotel Portfolio For $483 Million

The portfolio consists of seven Kimpton-managed hotels, including Canary Hotel Santa Barbara, Hotel Monaco Chicago, Hotel Monaco Denver, Hotel Monaco Salt Lake City, Hotel Palomar Philadelphia, Lorien Hotel & Spa in Alexandria, Virginia, and RiverPlace Hotel in Portland, Oregon.
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Government of The Bahamas Sells the Grand Lucayan Resort

The Government of The Bahamas sold the Grand Lucayan on Monday, March 2, 2020 to a partnership between Royal Caribbean International and ITM (Bahamas Port Investments Ltd.), which is expected to make a $250 million investment between the hotel and the redevelopment of the cruise port.
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Aman Announces New Hotel Brand – Janu

Janu launches with three forthcoming hotels which are already under construction: Montenegro (2022), Al Ula in Saudi Arabia (2022) and Tokyo (2022), as well as a pipeline of future hotels.
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