Silverton Inn, Silverton, Oregon, Sold by Crystal Investment Property, LLC.

Crystal Investment Property, LLC, a licensed Oregon broker, represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Source: New feed

Choice Hotels to Develop New Cambria Hotel in Fort Mill, S.C.

Choice Hotels International, Inc. (NYSE: CHH) signed an agreement with York Investment Properties, LLC, to develop a new Cambria hotel in Fort Mill, S.C. The 124-room property will be located within the company’s mixed-use development site.
Source: New feed

Nobu Hotel São Paulo Announced

Nobu Hotel São Paulo will not only offer Nobu’s sought after gastronomic offering directly to guests’ rooms but will also feature a rooftop bar and pool, event space, fitness and health center and 15,000 square meters of exclusive Nobu Residences.
Source: New feed

Starwood Capital Group Acquires 30 Percent of YOTEL

YOTEL announced today that a fund affiliated with Starwood Capital Group has committed to making a strategic investment of $250 million in YOTEL, including acquiring a 30 percent stake in the company and investing in real estate acquisitions for new build, hotel conversion and adaptive reuse properties as YOTEL expands its international scale.
Source: New feed

Red Roof Launches First Soft Brand The Red Collection

Following comprehensive consumer research, Red Roof has launched The Red Collection, the first soft brand in the company’s 44-year history, with the opening of the first property, The St. Clair Hotel in Downtown Chicago.
Source: New feed

Park Hyatt Los Cabos and Park Hyatt Mexico City Hotels Announced

Hyatt Hotels Corporation (NYSE: H) announced today two new luxury hotel developments in Los Cabos and Mexico City, Mexico under the Park Hyatt brand. These two properties mark the debut of the Park Hyatt brand in the country.
Source: New feed

The Dalles Inn, The Dalles, Oregon Sold by Crystal Investment Property, LLC

Crystal Investment Property, LLC, a member of Hotel Brokers International, announced the successful sale of The Dalles Inn, The Dalles, Oregon. Crystal Investment Property, LLC, a licensed Oregon broker, exclusively represented the Seller in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer as well as lenders and other professionals, to negotiate a mutually acceptable sale. The final sale price was confidential.
Source: New feed