The group is adding three new properties to Madrid, Bilbao and Seville. Italy also remains a key target market, with Radisson Hotel Group bringing three new properties and 550 rooms to Milan and Rome.
Source: New feed
Bellevue, Wash. Company Purchases Four Stanford's Locations And Portland Seafood Company
Local Group with Smaller Ownership will Revitalize and Honor the Restaurant's Deep Roots in the Pacific Northwest
Source: New feed
Blackstone to Acquire 65% Controlling Interest in Great Wolf Resorts and Form New $2.9 Billion Joint Venture With Centerbridge Partners
Blackstone Real Estate Partners IX and affiliates of Centerbridge Partners, L.P. announced today that Blackstone is acquiring a 65% controlling interest in Great Wolf Resorts, Inc.. As part of the transaction, Blackstone and Centerbridge will form a new $2.9 billion joint venture to own the Company.
Source: New feed
Hyatt Regency Brand Debuts in Spain with the Opening of Hyatt Regency Hesperia Madrid
CHICAGO (October 2, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of the fully renovated, 169-room Hyatt Regency Hesperia Madrid, marking the Hyatt Regency brand’s…
Source: New feed
Conrad Kuala Lumpur Announced for 2021
Hilton (NYSE: HLT) today announced the signing of a management agreement with Permodalan Nasional Berhad (PNB) to open Conrad Kuala Lumpur in the heart of the Malaysian capital.
Source: New feed
Marriott International Signs Agreement To Bring The St. Regis Brand To Oman
St. Regis project expected to bring 271 luxury rooms and 170 branded residences to Muscat
Source: New feed
Raffles Boston Back Bay Hotel & Residences Breaks Ground
The 33-Story, $400 Million+ Project Marks the First Raffles Hotel & Residences in North America
Source: New feed
Pebblebrook Hotel Trust Completes Sale of Hotel Madera in Washington, DC
Pebblebrook Hotel Trust (NYSE: PEB) last week announced that it closed on the sale of the 82-room Hotel Madera in Washington, D.C. for $23.3 million to a third party.
Source: New feed
Burger King Announces Agreement to Launch the Burger King Brand in the Baltics
Burger King last week announced a new agreement to open restaurants in Estonia, Latvia and Lithuania. The three Baltic states are among the few remaining countries in Europe where Burger King currently does not have restaurants.
Source: New feed
FCPT Acquires Outback Steakhouse Restaurant from Washington Prime for $2 Million
The property is located in Ohio and is leased to the corporate operator under a triple-net lease with approximately 9 years of term remaining.
Source: New feed