Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced the closing on the sale of a legacy hotel asset, the 127-room Comfort Suites located at 5775 Coventry Lane in Fort Wayne, IN, for $7.1 million.
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CHICAGO (June 4, 2018) – Hyatt Place, Hyatt’s upscale select service brand designed for business travelers, today unveiled a new generation of hotels focused on three key areas: thoughtful…
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CHICAGO (JUNE 1, 2018) – Hyatt Hotels Corporation announced today the opening of Grand Hyatt Abu Dhabi Hotel & Residence Emirates Pearl, the first Grand Hyatt hotel to open in the United Arab…
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The WoodSpring Suites brand is strengthening its position in the extended-stay segment since the acquisition by Choice Hotels on February 1, 2018. In total, 33 new WoodSpring Suites franchise agreements were awarded in the first quarter, the highest level of quarterly activity in the brand’s history, including 31 since the acquisition.
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Represents the Seller of this Exceptional Waterfront Boutique Inn
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For AccorHotels, the transaction results in a gross cash contribution of €4.6 billion, which is slightly more than the €4.4 billion announced in February and in line with the higher percentage of capital finally sold.
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Marriott International, Inc. today announced plans to debut the Westin brand in the United Kingdom. Owned by 4C Hotel Group and managed by RBH, The Westin London City is set to open in 2020 and will feature a prime riverfront location in the heart of the City of London.
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The first COMPASS by Margaritaville Hotels and Resorts is being developed by Floridays Development Company on Anna Maria Sound, Florida.
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Wyndham Hotels & Resorts funded the $1.95 billion acquisition of La Quinta with proceeds from its $500 million offering of 5.375% senior notes due 2026 completed in April and a $1.6 billion term loan due 2025 that closed in connection with the acquisition.
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Located on Grand Trunk Road, Hyatt Regency Amritsar is the closest upper upscale hotel to the Golden Temple. The hotel is conveniently located within three miles of the Golden Temple and 25-minute drive from the Sri Guru Ram Dass Jee International airport.
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