The properties are occupied under two separate triple-net master leases with 20-year initial terms and above average brand performance.
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CHICAGO (June 30, 2017) – Hyatt Hotels Corporation (NYSE: H) today introduced a new leadership structure for Miraval, the renowned provider of wellness and mindfulness experiences, which Hyatt…
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All guest rooms and suites have been completely updated with new beds, sleek, trim- lined furniture, updated lighting and updated bathrooms. Custom-designed elements have been added to a new and more spacious lobby, which now features gathering areas, a sundry shop, and a media lounge.
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Hilton (NYSE: HLT) today announced the signing of a management agreement with Desarrolladores Asociados de Honduras (DAH) to operate a new build 173-room Hilton Garden Inn hotel in Tegucigalpa, Honduras.
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Expected to open in late 2019, the 120-room luxury hotel with 40 private residential villas will be situated on 25 acres and 1,870 feet of beach front.
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Best Western Hotels & Resorts today announced that the Stratosphere Casino, Hotel and Tower and the Aquarius Casino Resort – each owned by American Casino and Entertainment Properties (ACEP) – will join Best Western’s soft brand, BW Premier Collection.
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Sale Represents a Price of $186,000 Per Room and a Cap Rate of 7.9%
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Fall Asleep in San Francisco and Wake Up in Los Angeles Starting at Just $115
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JLL’s Hotels & Hospitality Group announced the firm arranged the sale of the DoubleTree by Hilton Los Angeles Downtown on behalf of the seller. Han’s Group USA purchased the 434-key property.
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Mandarin Oriental Hotel Group has signed a management contract for a new luxury hotel and branded residences to be developed in Melbourne, Australia. The project is expected to open in 2023, and is the Group’s first announced property in Australia.
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