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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Jet Aviation announced today that it has completed its acquisition of Hawker Pacific, a leading provider of Civil MRO, Fleet and FBO Services, and Aircraft Sales across Asia Pacific and the Middle East. The transaction is valued at US$250 million.
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IHG will open its first Australian dual-branded hotel by 2022 with the signing of Hotel Indigo Melbourne Little Collins and Holiday Inn Melbourne Bourke Street Mall, in the heart of the CBD.
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Apple Leisure Group and The Mark Travel Corporation, two North American travel companies, have completed their previously announced merger. Financial terms of the transaction, initially announced on April 2, 2018, were not disclosed.
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Monarch Private Capital (MPC) today announced the closing of an equity investment in the historic Hotel Retlaw located in Fond Du Lac, Wisconsin. The investment will generate federal historic tax credits to rehabilitate the boutique hotel.
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