Ashford Hospitality Prime, Inc. (NYSE: AHP) announced that it has completed the acquisition of the 80-room Hotel Yountville in Yountville, California for $96.5 million ($1,200,000 per key), previously announced on March 1, 2017.
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Concord Hospitality announced last week that construction has started on Hyatt Place Jacksonville. Located across the street from St. Johns Town Center, the 160-room hotel is scheduled to open in late 2018.
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The new prototype includes updates to The ‘Breakfast Room’ as well as home design updates throughout the property.
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Hotels are well versed in making their guests feel on top of the world but a growing number are now allowing them to wine, dine and sleep hundreds of meters above ground level as well.
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Owned by Royal Field Development Company Limited, Fairfield by Marriott Phnom Penh will be situated on a prime section of Russian Boulevard within the administrative center of the city, with seamless access to corporate, diplomatic and tourist destinations in the capital; the site is a 20-minute drive from the airport.
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The select service hotel will add 299 rooms to Melbourne’s boutique Little Collins Street. Running parallel to prominent and iconic Collins Street, the area is home to major retailers, boutique designers and corporate offices, as well as being a stone’s throw from Southern Cross station and tram stops.
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Ocean House Management (OHM) announced it will assist Wykeham Rise Hotel Partners in developing Wykeham Rise and subsequently manage the property upon opening. The 27-acre luxury inn broke ground on April 1st, with an anticipated opening date in summer 2019 in Washington, Connecticut, 80 miles north of New York City.
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Davidson Hotels & Resorts announced the addition of Hotel Viking, an iconic 208-room historic property in Newport, Rhode Island, into its portfolio, under its luxury and lifestyle division, Pivot Hotels & Resorts.
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DALLAS (May 9, 2017) – Global private equity firm Lone Star Funds with Aimbridge Hospitality, one of the nation’s largest independent hotel management companies, today announced the recent…
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Marriott International Reports First Quarter 2017 Results Highlights
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