ANA InterContinental Beppu Resort & Spa Announced for 2019

The city of Beppu, on the southern Japanese island of Kyushu, has long been a favourite with locals as an onsen retreat. Today, the city will enjoy a boost as an international spa resort destination with the announcement of the execution of a hotel management agreement for the ANA InterContinental Beppu Resort & Spa between IHG ANA Hotels Group Japan LLC and GHS K.K.
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The Pacific Edge Hotel in Laguna Beach Sold for $57.5 Million

JLL’s Hotels & Hospitality Group announced that the firm arranged the sale of the Pacific Edge Hotel on behalf of a joint venture owned by certain affiliated entities of Westport Capital Partners, LLC. Highgate, in a joint venture with Morgan Stanley Real Estate Investing, purchased the 109-key property for $57.5 million.
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