Radisson Hotel Group announced the signing of a Master Development Agreement with SunnySeeker Hotels in the Republic of Cyprus. The new deal will see the group grow its existing portfolio in the country to six hotels and almost 1,000 rooms by 2025.
Source: New feed
IHG Buys Six Senses Brands for $300 Million
InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses’ brands and operating companies and does not include any real estate assets.
Source: New feed
Sbe Takes Over Management Of Three Owned Restaurants In Las Vegas
KUMI, Iconic RED SQUARE and Hot Spot CITIZENS at Mandalay Bay Now Managed In-House by sbe's Operations Team
Source: New feed
Ivy Boutique Hotel in Chicago Sold
Avantgarde Hospitality LLC, a privately held hospitality investment firm, announced today the acquisition of the Ivy Boutique Hotel, 233 E. Ontario Street in Chicago, Illinois, establishing its presence in the downtown area.
Source: New feed
Snow King Resort Hotel in Jackson, Wyoming Sold
KDG Capital has purchased the Snow King Resort Hotelin Jackson, Wyoming. BENCHMARK will continue to operate and market the 230-room property, located at the foot of Snow King Mountain in the Grand Teton mountains.
Source: New feed
Kitchen United Announces Expansion into Columbus and Atlanta
New lease agreements will bring kitchen centers to market this spring, continuing momentum in national expansion plan
Source: New feed
Miramonte Indian Wells Resort & Spa to Join Latitudes Collection
In the heart of Southern California, the 11-acre property features 215 guest rooms, suites & villas, affiliation with Hilton’s Curio Collection, award-winning Well Spa, world-class golf and tennis, fitness programs, outdoor games and activities, and stunning views of the Santa Rosa Mountains.
Source: New feed
Hayes Mansion San Jose to Be Managed by Interstate Hotels & Resorts
Interstate Hotels & Resorts has been selected to manage Hayes Mansion San Jose, one of Northern California's most historic and impressive architectural gems recently acquired by JMA Ventures, LLC.
Source: New feed
Hard Rock Signs Lease to Renew and Expand Its Flagship Location in Times Square
Hard Rock Cafe to Remain at Midtown Location Until 2036 with Newly-Acquired Space
Source: New feed
FCPT Closes One Additional Buffalo Wild Wings Restaurant of Washington Prime Transaction for $2.8 Million
The property is located in New Jersey and is occupied under a triple-net lease with approximately 9 years of term remaining and 10% rent escalations every 5 years.
Source: New feed