HNR Development Update Issue: April, 3 2023 |  Read Online

Located at the base of Keystone's world-class ski slopes. Kindred Resort is a luxury ski-in, ski-out mixed-use development that broke ground in the fall of 2022 and is expected to open in 2025. Read more

Evermore Partners and New Castle Hotels & Resorts have acquired the Montana Marriott Portfolio - a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, a collection of approximately 20,000 square feet of high quality, in-line retail located in downtown Missoula, Montana. Read more

Executives of privately held companies in the hospitality industry say construction financing is harder to get from regional banks now and the costs to build hotels from the ground up have risen. Read more

Long regarded as an iconic destination in the heart of the nation's capital, Hotel Washington reclaims the name that graced the property when it first opened its storied doors in 1917 as part of a property-wide rebrand. Read more

The new ME Lisbon will be located on the corner of the downtown avenues of Antonio Augusto de Aguiar and Fontes Pereira de Melo, alongside the Eduardo VII Park and Marquês de Pombal Square, just a short distance from the historic centre of the city. Read more

The property, built in 2007, was purchased by Onyx Hospitality, based in Boca Raton, Florida, from Insignia Hospitality Group, based in Midland, Texas. Read more

The 246-key, 29-floor hotel will be situated in a prime location at the flourishing centre of Riyadh; approximately 1.5 kilometres from King Abdullah Financial District and just a 30-minute drive from King Khalid International Airport. Read more

By 2025, Hilton plans to introduce nearly 10 hotels across five brands in San Juan, Ponce and Dorado Read more

For the trailing twelve months ended December 31, 2022, the hotel’s net operating income was $4.1 million, and its Hotel EBITDA was $4.8 million. Read more

Georgia World Congress Center Authority (GWCCA), along with Hilton (NYSE: HLT) and construction company Skanska, celebrated a major construction milestone today with the ceremonial topping off of the 976-room Signia by Hilton Atlanta. Read more

Marriott International, Inc., today announced plans to expand its portfolio in Greater China with the anticipated addition of 47 hotels in 2023, comprising more than 12,000 rooms, which would bring the company’s presence in the region to more than 500 properties and well over 150,000 rooms by this year’s end. Read more

IHG has signed a management agreement with Amritsar Golden Hospitality LLP to develop the new Holiday Inn Amritsar Golden Temple in Punjab. Expected to open in Q2 2027, the newly built hotel will add 215 keys to IHG’s portfolio in the city. Read more

Coming in spring 2023, will be a new capital-city hub for business and leisure travelers – and notable planned openings in 2024 include Park Hyatt Los Cabos at Cabo del Sol, which will mark the first Park Hyatt hotel in Mexico and Grand Hyatt Cancún Beach Resort, a luxurious destination on the Yucatán Peninsula. Read more

Built in 1980, the Hyatt Regency Tokyo is a 746-room luxury hotel located in Shinjuku, one of Tokyo’s busiest business and retail districts, and adjacent to the Tokyo Metropolitan Government headquarters. Read more

Nevistas & Hotel News Resource - All rights reserved

Forward | Unsubscribe