HNR Development Update Issue: March, 17 2023 |  Read Online

Hyatt Hotels Corporation (NYSE:H) today announced a multi-property collaboration with Be Live Hotels that will include the growth of the Sunscape Resorts & Spas brand in the Caribbean. The deal is expected to expand Hyatt’s Inclusive Collection, which was introduced following Hyatt’s acquisition of Apple Leisure Group in 2021, by nearly 2,000 rooms. Read more

CBRE is the exclusive agent in connection with the solicitation of offers to acquire the fee-simple interest in the Super 8 by Wyndham in Cedar Rapids, IA. Read more

Strategically located along Interstate 70 at the Highway 63 interchange, the Hampton Inn commands excellent visibility and accessibility, and is within walking distance to nearly ten restaurants along Clark Lane, which parallels Interstate 70. Read more

DSH Hotel Advisors announced that Dennis S. Hopper, CCIM, Managing Principal of the firm, and Dylan N. Amin, Senior Investment Associate, arranged the sale of the recently renovated 117-room Quality Inn Kennedy Space Center by Choice Hotels, located in Titusville, Florida for $7,400,000 on March 9th, 2023. Read more

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The Hotel has been acquired by an affiliated entity of Edgewater Group LLC (Edgewater) based in Naples, Florida. Read more

Ennismore announced the signing of a Mondrian Hotels & Residences development in Tulum, Mexico, with Inzigna Capital. Mondrian Tulum Hotel & Residences will open in 2025 and be the second Mondrian in Mexico, following the opening of Mondrian Mexico City at the end of 2022. Read more

IHG Hotels & Resorts continues the expansion of its Holiday Inn brand family in Southern Europe, as it signs 13 hotels and opens a further two, including a brand debut - Holiday Inn Express & Suites Portimão - and a market debut – Holiday Inn Express Sofia Airport in Bulgaria. Read more

The $20.75M non-recourse acquisition loan with a flexible floating rate priced over SOFR was provided by a portfolio lender to cover 73% of the overall total project costs. Read more

YOTEL Debuts YOTELPAD in Europe with New Opening in Stratford, London Read more

IHG Hotels & Resorts (IHG) today announced the first destination in the Americas for the reimagined Regent Hotels & Resorts on the beachfront of Santa Monica, Calif. Read more

Renamed the MGM Tower, the new offerings will feature more than 700 completely reimagined guestrooms and add a collection of luxury Vista Suites located at the tower's corners with extraordinary wraparound views of the Atlantic City skyline. Read more

Ennismor has reached a milestone in its branded residences business growth by signing its first standalone development in Dubai with SLS Residences The Palm Dubai with Roya Lifestyle Development LLC. Read more

Colliers Hotels hasrelease the 28th edition of the Canadian Hotel Investment Report. The report provides an in-depth look at 2022 transaction activity and insights on the road to recovery for the Canadian lodging industry. Further, the report provides an outlook for the hotel investment market in 2023. Read more

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