Hyatt Place Denver/Westminster Hotel Begins Construction

White Lodging and Etkin Johnson Real Estate Partners announced they have begun construction on a 137-room Hyatt Place hotel in Westminster, Colorado, slated to open in spring 2018. The hotel will be managed by White Lodging Services Corporation.
Source: New feed

Grupo Hotelero Santa Fe to Expand Hilton Puerto Vallarta Hotel

Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV: HOTEL) announced today the acquisition of real estate properties consisting of 54 units for hotel-only purposes, as well as an undeveloped land lot of 1,043 square meters, which currently comprise 162 hotel suites, located in usable area of approximately 15,100 square meters, and is adjacent to the Hilton Puerto Vallarta hotel.
Source: New feed

Abu Dhabi Real Estate Market Showing Continued Decline

Amidst general spending cuts there is increased evidence of continued government investment in Abu Dhabi’s mega tourism projects and overall positive demand in the hospitality market.
Source: New feed