With its first hotel opening in Beijing in 2015, NUO plans to expand to cities from New York to Kuala Lumpur over the next 15 years
Source: New feed
Four-star property set to open July 2019 after a complete renovation, offering 330 rooms with spectacular views of the Mediterranean Sea, and operated under the Palladium Hotels brand.
Source: New feed
IHG (InterContinental Hotels Group has today announced the signing of Kimpton Rotterdam, The Netherlands. The hotel is signed under a management agreement with Omnam Group, and is set to open in 2022.
Source: New feed
Aiden Hotel in Gangnam-gu, Seoul, South Korea Now Open, Additional Locations Preparing to Debut in Europe and North America
Source: New feed
Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced its acquisition of Park Hyatt Aviara Resort, Golf Club & Spa, a 327-room luxury resort located in Carlsbad, California, for a purchase price of $170 million, or approximately $520,000 per key.
Source: New feed
Q3 saw approximately $267 million of lodging transactions across Canada, pushing the year-to-date total to over $1.1 billion. Download the Hotel INNvestment Canada Q3 Report which includes a real estate debt update contributed by RBC Capital Markets Equity Research and RBC Economics Research.
Source: New feed
HVS interviews Mr. Yazan K. Haddad, CEO of Bahrain Marina Development Company, who leads the development of the unique waterfront mixed-use project. Bahrain Marina is expected to become one of the iconic lifestyle destinations in the Kingdom.
Source: New feed
Historic restoration of 20th century steel foundry opens as Asheville’s first hotel of its kind
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Four Corners Property Trust (NYSE:FCPT) announced the acquisition of six restaurant properties for $7.5 million from Brookfield Properties. The transaction spans five brands, including Texas Roadhouse (2), Applebee's, Olive Garden, Panera Bread and Sonic.
Source: New feed
Fujita Kanko Inc., a leading Japanese hospitality company headquartered in Tokyo, announced the launch of 'Tavinos,' a new hotel brand aimed at adventure-seeking millennials and like-minded travelers from around the world.
Source: New feed