IHG (InterContinental Hotels Group) has signed a management agreement with Arab International Tourism Investment Company to debut the voco™ brand in Egypt, with the development of voco™ Giza Pyramids. Part of a mixed-use development, which will include a high-end mall, the 17,000 sqm hotel is scheduled to open in 2022.
Source: New feed
Developers and brothers Derek and Greg Stevens have officially unveiled plans for Circa Resort & Casino, a brand-new integrated gaming resort in Downtown Las Vegas, slated to open in December 2020.
Source: New feed
Hilton (NYSE: HLT) today announced the signing of a management agreement with Myanmar partners Crown Advanced Construction Co. Ltd to operate a 308-key hotel near downtown Yangon, Myanmar.
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Lindsay Goldberg today announced that it has acquired Affordable Suites of America, Inc., a owner, operator and franchisor of extended-stay hotels in the Southeastern United States. Terms of the transaction were not disclosed.
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Hard Rock will be working with HPL Hotel and Resorts in Asia to bring the Four Seasons experience to Hokkaido.
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On November 26, 2018, AccorHotels launched a Tender Offer for the acquisition of the 21,800,593 shares of Orbis it did not own on the day of the announcement, representing 47.31% of the share capital, at a price of PLN 87.0.
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As the first new-build amenitized community on the mountain in more than a decade, YOTELPAD Mammoth will feature 156 efficient PADs (condominiums). With flexible and adaptable spaces, PADs range from 410 to 629 sqft (32-58 sqm) and start at $300,000.
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In 2018, Capriotti's opened 10 new shops in markets such as Chicago, Minneapolis, Sioux Falls and Salt Lake City. Additionally, the brand signed franchise development agreements for 29 new shops, with over 100 in the pipeline under area development agreements. Capriotti's plans to open 15 additional stores in 2019, entering multiple new markets with record revenues.
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JW Marriott, part of Marriott International, Inc., today announced that award-winning chef and restaurateur, Fabio Trabocchi will take over the operations of JW Marriott Venice Resort & Spa's fine-dining restaurant.
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The luxury hotel, situated in a prime location in the heart of Mayfair on Grosvenor Square, will open for business in Spring 2019, marking the new brand's European debut.
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