The hotel and residences will form part of the Bukit Pandawa integrated resort development located on Bali’s southern Bukit peninsula. An initial 30 branded residences are scheduled to be completed at the same time as the hotel opens in mid-2018.
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Fort Worth-based Crescent Real Estate LLC (Crescent) today announced that its recently established investment fund acquired the Rosewood Crescent hotel. The hotel will be independently operated and renamed Hotel Crescent Court, returning the historic, iconic name to the Texas landmark.
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Marco’s Pizza continues its growth in Virginia with plans to introduce six new locations through strategic franchise partnerships, creating more than 150 new jobs throughout the state. Currently there are two locations open in Virginia, with the additional locations under development and projected to be open and operating within the next six months.
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Apple Hospitality REIT, Inc. (NYSE:APLE) today announced that it has closed on the previously announced acquisition of a 128-room Home2 Suites by Hilton in Atlanta, GA for a purchase price of $24.6 million, or approximately $192,000 per key.
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CHICAGO (July 6, 2016) – Hyatt Regency Shanghai, Wujiaochang opens in Wujiaochang, a thriving business, innovation and university district in Shanghai, East China. The 306-room Hyatt Regency…
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Located in the village of Saranac Lake, a rural escape in New York State’s Adirondacks region, the Hotel Saranac’s design will incorporate both the rustic setting and the refinement of a city hotel when it reopens in 2017 following a complete transformation and renovation.
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C2 Investment Partners LLC to open 6 new area locations
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Under the terms of the agreement, which has been unanimously approved by both companies’ Board of Directors and Executive Management Team, Ohm Patel will serve as the merged company’s Chief Executive Officer (CEO) and Aakash Patel, will serve as its Chief Development Officer (CDO).
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InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, announces the opening of the new-build 112-room Holiday Inn Express® Mexico Aeropuerto hotel. This is the first Holiday Inn Express branded property near Mexico City’s Benito Juárez International Airport and is IHG’s fifteenth property in the city.
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David Mehl of Cottonwood Properties and Humberto S. Lopez of HSL Properties announced the formation of a new partnership that has completed the purchase of The Ritz-Carlton, Dove Mountain resort. The hotel will continue to be managed under a long-term management contract by The Ritz-Carlton Hotel Company, L.L.C.
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