niu, the new brand of the NOVUM Hotel Group, is expanding, and its next strategic site in Europe will be Vienna. In December 2018, the group will be opening a brand new 159-room hotel, developed by the Bridge Group, at Dresdner Str. 111.
Source: New feed
Bryan Traficanti named Interim Chief Executive Officer – David Perry named President and Chief Operating Officer
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WoodSpring Hotels today announced that it has begun the final process of its previously announced brand repositioning, with 171 hotels having completed the process and an additional 15 properties in the final stages.
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CHICAGO (July 31, 2017) – Hyatt Hotels Corporation today announced the opening of Hyatt Place Foshan Lishui, the first Hyatt Place to open in China’s Guangdong province. The 152-room hotel…
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Nobu Hospitality, the group founded by Chef Nobu Matsuhisa, Academy Award winner Robert De Niro, and Hollywood producer Meir Teper, announce the rebranding of The Epiphany Hotel to the Nobu Hotel Epiphany due to transition on October 2, 2017.
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Starwood Capital Group today announced that it has acquired, through a controlled affiliate, the newly constructed 286-key The Jeremy West Hollywood hotel property in West Hollywood, Ca. Terms of the transaction were not disclosed.
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Two Roads Hospitality today announced the expansion of Alila Hotels & Resorts into North America. Singapore-based Alila, which became part of the Two Roads Hospitality portfolio in June 2015 will open its first North American resort property in California’s Big Sur in fall 2017.
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Sunstone Hotel Investors, Inc.) (NYSE: SHO) announced that it has acquired the fee-simple interest in the 175-room Oceans Edge Hotel & Marina in Key West, Florida for $175 million. In addition, the Company announced that it had recently completed the disposition of the 199-room Marriott Park City in Park City, Utah for a gross sale price of $27.6 million.
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Thailand-based Dusit International has signed a management agreement with Ha Dat Company Limited to operate dusitD2 Vung Tau, the first dusitD2 branded property in Vietnam, slated to open in Q2 2018.
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This article discusses why hotels are consistently among the investments most favored for EB-5 financing, and why they are likely to remain so for some time to come.
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