Agrees to acquire certain assets in Kona Grill’s Chapter 11 Bankruptcy for $25 million – Acquisition expected to add approximately $100 million in annual revenue and to be accretive to earnings post integration
Source: New feed
Accor's Dual-Branded Melbourne Airport Hotel Breaks Ground
The 10-storey hotel will be dual-branded operating under the Novotel and ibis Styles' brands rated four and three stars respectively, offering guests gym and pool facilities, a café, bar and restaurant plus conference room facilities.
Source: New feed
Radisson RED London Greenwich Announced for 2020
Opening in 2020, the Radisson RED London Greenwich will be near so many of London's famous sights. The O2 Arena and its iconic dome is just one of these; the hotel will put guests within easy reach of a ton of museums, the famous Prime Meridian, the legendary Cutty Sark and the cable car offering stunning views over the Thames, Canary Wharf and the City of London itself.
Source: New feed
Aimbridge Hospitality and Interstate Hotels & Resorts to Merge
The combined company will manage a portfolio of more than 1,400 branded and independent properties in 49 states and 20 countries. Terms of the transaction were not disclosed.
Source: New feed
New IntercityHotel in Wiesbaden to Open 2021
Deutsche Hospitality has joined forces with the specialist property developer GBI AG to build a new generation IntercityHotel in Wiesbaden, the capital of the State of Hessen and one of Germany’s oldest spa towns. The hotel is scheduled to open in 2021. Construction works began in the second quarter of this year.
Source: New feed
Langham Hotels and Resorts Adds Royal Residence in Munich to European Collection
The Langham, Nymphenburg Residence marks maiden entry for The Langham brand in Germany and is the first privately managed residence for the Group
Source: New feed
89 Room Fairfield Inn & Suites by Marriott Peoria East in Ill. Sold
Banyan Investment Group today announced that it acquired the 89-room Fairfield Inn & Suites by Marriott Peoria East. The company also will operate the hotel, its eighth acquisition from its recently launched BIG Hotels LP I, LLC fund.
Source: New feed
All Suites Brands by Hilton Expand Footprint of Downtown and Airport Locations
Category collectively opened 54 properties in first half of the year
Source: New feed
Crystal Investment Property Brokers the Sale of Westport Marina Cottages
Representing the Seller of this Unique Boutique Waterfront Lodging on the Washington Coast
Source: New feed
Sentry Insurance to Build an On-Course, Boutique Hotel at SentryWorld in Stevens Point, Wis.
The hotel will be built just off the championship golf course's 18th fairway, providing beautiful views of the course and its peaceful parkland setting.
Source: New feed