Russelsheim-based MERKUR Development Holding (MERKUR) and NOVUM Hospitality are continuing to extend their partnership. MERKUR, as developer for NOVUM Hospitality, is to build a new hotel at Mergenthaler Allee 23-25 in Eschborn/Taunus.
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Nish Palas Istanbul Hotel Officially Opens
CHICAGO (MAY 21, 2018) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Nish Palas Istanbul as part of The Unbound Collection by Hyatt. The 45-room boutique hotel is located in…
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601 Room Hilton Berlin Sold for $350 Million
Park Hotels & Resorts Inc. (NYSE:PK) today announced that it has closed on the sale of the 601-room Hilton Berlin located in Berlin, Germany, for gross proceeds to the joint venture owners of the entities that own the Hotel of €297 million, before customary closing adjustments.
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Apple Leisure Group and NH Hotel Group Announce Strategic Alliance
Apple Leisure Group, brings AMResorts’ brands to Europe and introduces new three-star brand, Amigo Hotels & Resorts
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Overseas Real Estate Transactions from Middle East to Pick Up Together With Increasing Oil Prices
With oil prices above $70 per barrel for the first time since 2014, overseas real estate transaction volumes by Middle Eastern buyers are set to pick up, reflecting adjustment in investors’ strategies, according to a new report by JLL titled 2018 Top Themes Driving Middle East Outbound Real Estate Flows in 2018.
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Marriott Rebrands Five African Pride Hotels to Autograph Collection
The hotels include, African Pride Melrose Arch Hotel, African Pride 15 on Orange Hotel, African Pride Mount Grace Country House & Spa, African Pride Irene Country Lodge, Arabella Hotel & Spa, Arabella Country Estate.
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Mandarin Oriental on Las Vegas Strip Converts to Waldorf Astoria Las Vegas
Las Vegas property to raise Waldorf Astoria flag in late summer with plans for improvements and upgrades based on new brand touches
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Mandarin Oriental Saigon Announced for 2020
Mandarin Oriental Hotel Group has announced that it will manage a new hotel in Ho Chi Minh City in Vietnam, scheduled to open in 2020.
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Dreamlines Acquires Cruise 1st and Enters UK Market
Dreamlines, the German-headquartered OTA and tour operator, confirmed today the acquisition of 100 per cent of the share capital of Cruise 1st, the UK headquartered cruise specialist. The value of the transaction is not disclosed.
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Courtyard by Marriott Hershey Chocolate Avenue Awarded 2017 Marriott Opening Hotel of the Year
Officials of Bears Creek Hershey Hotel, LLC, a joint development between Shaner Hotels and Chafia Capital Partners today announced that the 120-room Courtyard by Marriott Hershey Chocolate Avenue was named the 2017 Marriott Opening Hotel of the Year. The Pa. hotel is managed by Shaner Hotel Holdings, LP.
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