Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into an agreement to sell the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key.
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The hotel is planned to open in 2022 and is signed under a franchise agreement with first-time IHG partner Angora Birikim A.S.
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The new Crowne Plaza flagship of the Americas, Crowne Plaza Atlanta Perimeter at Ravinia reopened in April 2019 following a total transformation, while milestone openings and renovations in Paris, Hamburg, and London will usher in a new era for Crowne Plaza in Europe. Two additional flagship properties are scheduled to open in China by late 2019: Crowne Plaza Shenzhen Nanshan and Crowne Plaza Wuzhen.
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Four Corners Property Trust (NYSE:FCPT announced that it has signed a definitive agreement for the purchase of 20 additional outparcel properties from Washington Prime Group (NYSE: WPG), for a purchase price of approximately $37.8 million.
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Radisson today announced the signing of Treasure Island – TI Hotel & Casino in Las Vegas to its portfolio of hotels. The resort will officially join the Radisson system later this year as Treasure Island – TI Hotel & Casino, a Radisson Hotel.
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Chicago-Based Real Estate Investment Firm Acquires Doubletree by Hilton Cambridge City Centre With Plans to Debut Graduate Cambridge as First International Graduate Hotels Property
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Banyan Investment Group today announced that it completed the acquisition of a three-hotel portfolio of Marriott- and Hilton-branded hotels located in Madison, Wis., for approximately $50 million.
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Walk-On's Bistreaux & Bar recently announced plans to launch expansion efforts throughout Georgia with a specific focus in the greater Atlanta metro area.
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CHICAGO (July 24, 2019) – Hyatt Hotels Corporation (NYSE:H) today announced the opening of the 140-room Hyatt Centric Campestre Leon, marking the Hyatt Centric brand’s entry into Mexico. Hyatt…
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Sushi Sake, a popular late-night Asian cuisine hotspot in south Florida for over a decade, is spreading its Miami vibes across the nation.
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