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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InterContinental Hotels Group (IHG) has signed a dual-brand management agreement with PT. Graha Agung Indahsentosa to debut two hotels, Holiday Inn Resort Bintan Lagoi Beach and Hotel Indigo Bintan Lagoi Beach in Bintan, Indonesia. Set to open in 2019, the new-build hotels will be situated in the prime Lagoi Bay area.
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The properties are located in Indiana and occupied under individual triple-net leases with new 20-year terms, which were negotiated by FCPT prior to closing.
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Hilton (NYSE: HLT) has signed a franchise agreement with Lingotto Hotels S.r.l., which will see NH Lingotto Tech hotel become part of the DoubleTree by Hilton brand in early 2018.
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The waterfront hotel, which has its own private beach and views of the Western Taurus Mountains, will have six restaurants, four bars, outdoor and indoor swimming pools, spa facilities, a fitness center, a tennis court and three conference rooms.
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