AVANI to Open Two Hotels in Tunisia

Scheduled to open in the coming months, AVANI Les Berges Du Lac Tunis Suites will be located in Les Berges du Lac II, a prime commercial, residential and diplomatic area in the Tunisian Capital. In addition and currently in its design phase, AVANI Gammarth Tunis Resort & Spa is expected to open in 2021 and will offer 250 keys in a prime beachfront location.
Source: New feed

Courtyard by Marriott To Be Developed in Alpharetta, Georgia

Alex. Brown Realty, Inc. (ABR) and Hotel Development Partners (HDP) have announced plans to develop a 115-room Courtyard by Marriott in Alpharetta, Georgia. ABR Chesapeake Fund V, a value-add real estate fund sponsored by ABR, invested $7.2 million in the joint venture. Financing for the project will be provided by the Bank of North Georgia, a division of Synovus Bank.
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RLH Corporation To Sell 11 of the Company's Remaining 18 Owned Hotels

RLH Corporation (NYSE:RLH) today announced that its Board of Directors has approved the listing for sale of 11 of the company’s remaining 18 owned hotels. The hotels that are not being listed at this time are generally newer joint venture acquisitions (Baltimore, Washington DC and Atlanta).
Source: New feed