Meliá Hotels International has just announced, during the main tourism fair of the Arab market (the ATM of Dubai), two new hotels that will open throughout this year in the United Arab Emirates and Morocco.
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Destination Resort Invests $15 Million to Develop a Unique Sleeping Under the Sea Experience Debuting Q4 2018
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The Wendy’s Company (NASDAQ: WEN) has announced a 2020 goal of opening more than 600 new restaurants across the globe. As part of its efforts to grow and differentiate the brand while keeping energy stewardship at the forefront, Wendy’s recently unveiled a new ‘Smart Family of Designs,’ providing a portfolio of development options to franchisees, including buildings that fit into smaller footprints.
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Strategic Property Partners, LLC last week announced plans to bring Marriott International’s brand, EDITION, to Tampa. The 173-room hotel will be part of a 26-story tower in the heart of the Water Street Tampa neighborhood, which will also feature a newly built JW Marriott planned to open the prior year.
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Solid economic and financing conditions, an all-time high in tourist arrivals, and favorable hotel supply/demand dynamics supported near record transaction volume in 2017 of $3.5 billion. Canada continued to be a natural destination for global capital with foreign buyers investing more than $1.35 billion into Canadian lodging real estate.
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IHG (InterContinental Hotels Group) announced the signing of two new hotels in Giza, Egypt – Holiday Inn Giza Sun Capital and Staybridge Suites Giza Sun Capital, in partnership with Arabia Hotels, a subsidiary of Arabia Holding.
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Rezidor Hotel Group AB (REZT), publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group, announced the signing of the first ever Radisson RED in the Nordics, scheduled to open in Iceland’s capital, Reykjavik, by 2020.
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Following the opening of the Hotel in January 2017, Four Seasons is adding to its inventory with the completion of ten luxury residential-style accommodations, located between the third and seventh floors of Ten Trinity Square.
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NEW ORLEANS (April 23, 2018) – Today, Hyatt along with Rockbridge and HRI Properties, LLC proudly announce the opening of The Eliza Jane, a 196-room hotel centrally-located just two blocks from…
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Scandic has signed a new long-term lease agreement with Midroc for a new hotel in the new development in the Helsingborg harbor, expected to open in 2021. The hotel will encompass approximately 180 rooms with meeting facilities, fitness area, restaurant, bar and a sky bar.
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