Chinese group snares Melbourne’s Park Hyatt for $135m
More than $150 million has changed hands in the Melbourne hotel and industrial property sector in the past 24 hours,… Read More »Chinese group snares Melbourne’s Park Hyatt for $135m
Hotel Development
Wilshire Grand finally breaks ground
After a long wait, the highly anticipated $1.1 billion?Wilshire Grand?hotel development?in Downtown Los Angeles will begin construction on February 15.… Read More »Wilshire Grand finally breaks ground
Marriott opens first hotel in Sochi, Russia
Marriott International has opened a luxurious ski and spa hotel under its signature brand, Marriott Hotels, at the heart of… Read More »Marriott opens first hotel in Sochi, Russia
Starwood Hotels & Resorts advances asset light strategy with sale of acclaimed St. Regis Bal Harbour Resort
Starwood Hotels & Resorts Worldwide, Inc. (HOT) and Al Rayyan Tourism Investment Company (?ARTIC?), the international hospitality subsidiary of Al… Read More »Starwood Hotels & Resorts advances asset light strategy with sale of acclaimed St. Regis Bal Harbour Resort
Chicago Sofitel selling for $153 million
A Dallas-based real estate investment trust is buying the Sofitel Chicago Water Tower in the Gold Coast, ending a period… Read More »Chicago Sofitel selling for $153 million
Marriott signs definitive agreements to acquire Protea Hospitality Holdings
Marriott International, Inc. (NASDAQ: MAR) and South Africa?s Protea Hospitality Holdings announced today that they have signed definitive agreements for… Read More »Marriott signs definitive agreements to acquire Protea Hospitality Holdings
Aqua Hospitality continues expansion into 2014 – Five hotels in five weeks
Aqua Hospitality, an operating business of Interval Leisure Group, Inc. (IILG), continues to expand at an unprecedented pace as five… Read More »Aqua Hospitality continues expansion into 2014 – Five hotels in five weeks
Hilton’s DoubleTree brand makes Saudi debut
Hilton Worldwide hasannounced the opening of DoubleTree by Hilton Dhahran at the commercial heartland of Al Khobar in Eastern Province,… Read More »Hilton’s DoubleTree brand makes Saudi debut
Hyphen Group to build Dream Dallas Hotel
McKinney Hotel Developers, LLC, has chosen national general contracting firm Hyphen Construction Group, Inc. to build the new Dream Dallas… Read More »Hyphen Group to build Dream Dallas Hotel
Hilton Worldwide Pledges to ?Open Doors? for One Million Young People by 2019
Today at the 2014 World Economic Forum?s Annual Meeting, Hilton Worldwide announced a global commitment that aims to impact at… Read More »Hilton Worldwide Pledges to ?Open Doors? for One Million Young People by 2019
Fibra Inn announces acquisition of Hotel Mexico Plaza Celaya
Deutsche Bank Mexico, S.A., Institucion de Banca Multiple, Division Fiduciaria, Fideicomiso F/1616 or Fibra Inn (bmv:FINN13) (?Fibra Inn? or ?the… Read More »Fibra Inn announces acquisition of Hotel Mexico Plaza Celaya
Hilton Worldwide Announces Fourth Quarter and Full Year 2013 Earnings Release Date
Hilton Worldwide Holdings Inc. (NYSE: HLT) will report fourth quarter and full year 2013 financial results prior to the stock… Read More »Hilton Worldwide Announces Fourth Quarter and Full Year 2013 Earnings Release Date
IHG signs Crowne Plaza? Barcelona ? Fira Center
InterContinental Hotels Group (IHG?), one of the world?s largest hotel companies, has signed a franchise agreement with Hotel Fira S.A.U… Read More »IHG signs Crowne Plaza? Barcelona ? Fira Center
ibis brand reaches over 1,700 hotels
Accor, the world?s leading hotel operator in the economy and budget segment with over 1,700 hotels is celebrating today its… Read More »ibis brand reaches over 1,700 hotels
Starwood Capital Group acquires Four Pillars Hotels
A fund affiliated with?Starwood Capital Group, a leading global private investment firm, announced today that it has acquired UK hotel… Read More »Starwood Capital Group acquires Four Pillars Hotels
Watergate Hotel renovation could begin in March
The renovation of the iconic Watergate Hotel, on the drawing board for several years, could begin in March, according to… Read More »Watergate Hotel renovation could begin in March
Red Planet Japan launches iconic Tune Hotels brand with 20/20 vision ? 20 hotels by 2020
Pioneering hotel owner and operator Red Planet Hotels has today announced a multi-billion yen expansion into Japan to grow Asia?s… Read More »Red Planet Japan launches iconic Tune Hotels brand with 20/20 vision ? 20 hotels by 2020
Steigenberger Aqua Magic opens on the Red Sea Coast
The new Steigenberger Aqua Magic in Hurghada, Egypt, offers the perfect venue for a club holiday. An exclusive water slide… Read More »Steigenberger Aqua Magic opens on the Red Sea Coast
Introducing Okko Hotels
Okko is a new concept of design-driven urban hotels with an emphasis on innovation and luxury value. The tagline from… Read More »Introducing Okko Hotels
Hilton Worldwide opens first DoubleTree by Hilton Hotel in Kingdom of Saudi Arabia
Hilton Worldwide?and?DoubleTree by Hilton today announced the opening of?DoubleTree by Hilton Dhahran?at the commercial heartland of Al Khobar in Eastern… Read More »Hilton Worldwide opens first DoubleTree by Hilton Hotel in Kingdom of Saudi Arabia