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…
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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.
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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
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Raffles Boston Back Bay Hotel & Residences Breaks Ground
The 33-Story, $400 Million+ Project Marks the First Raffles Hotel & Residences in North America
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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.
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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.
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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.
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Austin Marriott Downtown Celebrates Topping Off
Austin Marriott Downtown will feature 613 guest rooms, including 25 stunning suites, a rooftop pool and rooftop bar concept with breathtaking views, three bars and two locally inspired restaurant concepts on the ground level.
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IHG to Debut It's Voco Brand in Jeddah
Expected to open in January 2021, voco Jeddah Gate will be IHG's sixth hotel in Jeddah and the fifth brand from the IHG family. The 681-key hotel will occupy a premium location in the Fayhaa area within Jeddah Gate.
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