Four Seasons is concluding its management of Four Seasons Hotel Vancouver, effective January 31, 2020. Four Seasons manages the Hotel under a long-term lease agreement with the property’s landlord, Cadillac Fairview Corporation; the current term of the lease expires in 2020, and will not be renewed.
Source: New feed
The Four Seasons hotel in downtown Vancouver is shutting down after operating for more than 40 years.
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IHG has signed a deal with Barnes Capital to open a striking Holiday Inn in Coburg, Melbourne’s up-and-coming northern suburb, in 2020.
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InterContinental Hotels Group [LON:IHG, NYSE:IHG (ADRs)] has today announced plans to expand its luxury and upscale estate in the UK. IHG has entered into a conditional agreement with Foncière des Régions, to rebrand and operate 12 high quality open hotels (2.2k rooms) and one pipeline hotel (185 rooms) into its portfolio across the UK.
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Apple Hospitality REIT, Inc. (NYSE: APLE) today announced that it acquired the newly constructed 210-room Hampton Inn & Suites by Hilton Phoenix Downtown for a purchase price of approximately $44 million, or $210,000 per key.
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CHICAGO (May 3, 2018) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with PEC Portfolio Springvale Pty Ltd. for a 200-key…
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Scandic Hotels has signed a long lease agreement with Bane NOR Eiendom to operate a new hotel in Voss, one of Norway’s most popular holiday destinations. Scandic Voss will be a centrally-located hotel and the first hotel in the town to be operated by a large hotel company.
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The brand’s existing franchisees, David and Ruth Buko, alongside first-time Tropical Smoothie Cafe franchisee James Volpert, will be developing eight cafes throughout the Indianapolis area, with the first two locations expected to open in Hamilton and Boone counties in 2019.
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Southside Market & Barbeque has announced that they will be opening a new location and become the first confirmed tenant for Hutto’s Co-Op District development.
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CHICAGO (May 2, 2018)- Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported first quarter 2018 financial results. Net income attributable to Hyatt was $411 million, or…
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