American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a portfolio of six branded, select-service hotels located in Tampa, Orlando, Sarasota and Fort Myers, Florida for an aggregate purchase price of US$61.0 million
Source: New feed
Situated on 250 acres in the heart of West Palm Beach, the redesign of Banyan Cay began yesterday with a groundbreaking ceremony attended by golf icon and globally acclaimed course designer Jack Nicklaus.
Source: New feed
Menu Revamp, Marketing Campaign Launched
Source: New feed
InterContinental Hotels Group (IHG) and Pointcorp, have signed a management agreement for a new build Hotel Indigo, to be located in Brisbane’s cultural and creative heartbeat – Fortitude Valley. The 140-room hotel on 458 Brunswick Street is the first Hotel Indigo signing for Australia and New Zealand and is due to open in 2020.
Source: New feed
As part of a visit to Mexico, Arne Sorenson, President and CEO of Marriott International, Inc., last week, announced the signing of four hotels in the country. Following an aggressive expansion strategy in one of the region’s key markets, Marriott expects to add the new properties to its existing portfolio of 70 hotels.
Source: New feed
Hilton Worldwide (NYSE: HLT) has reached a franchise agreement with VHM Management Sp. z o.o. to open a second hotel in the city of Lodz. Construction has begun of a mixed tower block on Piotrowska Street which will see the 149 guest room Hampton by Hilton Lodz open in early 2018.
Source: New feed
The prizeotel Erfurt-City, featuring 208 rooms, will open its doors in 2019 at a premium location with a direct connection to Erfurt central train station, at the start of the urban development project ‘ICE City’.
Source: New feed
Wyndham Hotel Group has tripled the number of hotels operating under its brands in Turkey over the past two years, and now has more than 50 operational hotels in the country.
Source: New feed
It’ll run you $500 per night
Source: New feed
Miami’s evolving Design District is making some room for an innovative new tenant.
Source: New feed