Company estimates $500 million dollars of owner investment already committed in the U.S.
Source: New feed
Marriott International Announces Vision For Sheraton HotelsTransformation
June 4, 2018
MCR Closes $300 Million Hospitality Fund
June 4, 2018
MCR Hospitality Fund LP has acquired 11 hotels representing $160 million in transaction volume with an additional five hotels in the pipeline
Source: New feed
Hyatt Centric Santa Barbara Hotel Sold for $90.0 Million
June 4, 2018
Chesapeake Lodging Trust (NYSE:CHSP announced today that it has entered into an agreement to sell the 200-room Hyatt Centric Santa Barbara located in Santa Barbara, California for a sale price of $90.0 million, or approximately $450,000 per key,
Source: New feed
Comfort Suites Hotel in Fort Wayne, IN Sold for $7.1 Million
June 4, 2018
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.
Source: New feed
New Generation of Hyatt Place Hotels Elevates Guest Experience and Increases Value for Owners
June 4, 2018
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…
Source: New feed
Grand Hyatt Abu Dhabi Hotel & Residence Emirates Pearl Opens Its Doors In The United Arab Emirates
June 1, 2018
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…
Source: New feed
33 New Woodspring Suites Franchise Agreements Signed During Q1
May 31, 2018
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.
Source: New feed
Crystal Investment Property Brokers the Sale of Captain Whidbey Inn
May 31, 2018
Represents the Seller of this Exceptional Waterfront Boutique Inn
Source: New feed
AccorHotels Sells 57.8% of the Capital of AccorInvest
May 31, 2018
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.
Source: New feed
The Westin London City Hotel Scheduled to Open in 2020
May 31, 2018
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.
Source: New feed