Six Senses Hotels Resorts Spas announced the latest addition to their portfolio, Six Senses Ibiza. Set to open in 2020, the resort is tucked away on the peaceful northern tip of Ibiza in the crystalline Cala Xarraca Bay.
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Hilton (NYSE: HLT) has signed a franchise agreement with Castlebridge Hotels Birmingham Airport Limited, a wholly owned subsidiary of Wylam Investments, to open a Hilton Garden Inn hotel at Birmingham Airport.
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Several ultra-luxury hotel brands are bidding to take over the management contract of the current Trump International Hotel & Tower in Toronto, including a reflagging of the property, according to Reuters.
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Jamba, Inc. (NASDAQ:JMBA), announced today, current franchisee, SuSu Hospitality Group, LLC, has acquired 13 Company-owned stores and signed a 10-unit development agreement, to nearly double Jamba’s footprint in the Chicago market.
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La Quinta Holdings Inc. (NYSE: LQ) announced the completion of an extensive renovation to the La Quinta Inn & Suites – Chicago Downtown located at One South Franklin in the heart of Chicago’s financial and theatre district, nearby many of the city’s top attractions. The 239-room hotel now has a completely new interior.
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The sale price of $118.0 million reflects a 25.2x EBITDA multiple and a 3.3% net operating income capitalization rate.
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Crescent Hotels & Resorts has been selected to manage the AAA 4 Diamond Westin San Jose, once known as San Jose’s ‘Million Dollar Hotel.’
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Announces Agreement to Convert Courtyard Philadelphia to Marriott’s Autograph Collection
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CHICAGO (June 20, 2017) – The Hyatt Place brand today announced its new, innovative breakfast experience that puts the power of breakfast in guests’ hands with customizable Build Your Own…
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The sleekly designed 81-room boutique hotel is situated by the Brooklyn waterfront. The property features newly renovated, modern guest rooms that showcase residential inspired finishes and details, including oversized work desks, comfy task chairs and triple-sheet bedding
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