Wyndham Expands Development Agreement for Super 8 in Europe

Wyndham Hotel Group last week announced the expansion of its development agreement for Super 8 with established partner GS Star. In addition to expanding the brand in Germany, the agreement now includes development of Super 8 hotels in Austria, Switzerland and the Netherlands.
Source: New feed

Hyatt Place Tokyo Bay Hotel Announced for 2019

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Tokyo Bay Resort Development Co., Ltd., a subsidiary of Sogo Development Co., Ltd. for a Hyatt Place hotel near Tokyo Disney Resort in Chiba, Japan.
Source: New feed

Generator Hostels Sold for €450

Generator Hostels owns 14 predominantly freehold assets (12 operational and two under development), totalling 8,639 beds, located in London, Paris, Copenhagen, Amsterdam, Miami, Dublin, Hamburg, Barcelona, Berlin Mitte, Stockholm, Madrid, Venice, Berlin Prenzlauer Berg and Rome.
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Park Hyatt Beaver Creek Resort & Spa Sold For $145.5 Million

Ashford Hospitality Prime, Inc. (NYSE: AHP) today announced it has entered into a definitive agreement to acquire the 190-room Park Hyatt Beaver Creek Resort & Spa in Beaver Creek, Colorado for $145.5 million ($766,000 per key).
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Kimpton Hotel Announced for Museum Place in San Jose, California

Kimpton Hotels & Restaurants announced yesterday its first property in San Jose, California at Museum Place, a mixed-use development by Insight Realty Company that will also expand the Tech Museum of Innovation, slated to open in 2021.
Source: New feed