yatt Unveils Plans for First Locations and Leadership Appointments for Upper-Midscale, Extended-Stay Brand, Hyatt Studios
Slated to open Summer 2024, the four-story, 114-room property is being developed in collaboration with HighSide Companies, architect BRR Architecture, and general contractor Path Construction Northeast.
The bohemian hotel is now open for a limited 8-week preview season, to be followed by an official opening for Spring 2024
Marriott International, Inc. recently announced that it has signed an agreement with New Development Group to introduce the EDITION Hotels brand to Dali, a well-known travel destination in Southwestern China for its picturesque natural scenery, diverse ethnic culture, and vibrant nightlife.
Accor has signed an agreement with Kaya Group to introduce the first Mövenpick property to the eastern Turkish province Diyarbakır.
Concord Summit Capital, LLC (Concord Summit) and Vista Development Ltd. sourced the final round of construction financing for the $165 million Andaz Hotel and Residences, a five-star condominium hotel development on Grace Bay Beach in Turks & Caicos,.
Wyndham Alltra announced it’s now taking reservations for its newest resort, the 404-room Wyndham Alltra Samaná. Managed by Playa Hotels & Resorts the resort is slated to open December 1 and marks Wyndham Alltra’s entry into the Dominican Republic.
As Saudi Arabia continues to fulfill its vision of becoming a world leader for international travel and tourism, Hilton (NYSE: HLT) has announced plans to open over 50 new hotels across 10 of its brands, making the country the company’s largest pipeline market in Europe, the Middle East and Africa (EMEA).
Weekly Hotel Industry Asia Pacific News Roundup from HVS
Thanks to the agreement signed with the owner, Balance 99 Zrt., the group will franchise the unique historical four-star Hotel Magyar Király in the heart of Székesfehérvár, in the renewed historic area of the city.
Hilton has signed two new properties to open in 2026 under its Hilton Hotels & Resorts and Canopy by Hilton brands: Hilton The Point Residences and Canopy by Hilton The Point
The hotel is set to be developed in partnership with Al Akaria Real Estate Co. and is expected to open its doors in 2028.
Hilton (NYSE: HLT) has announced the signing of an agreement with Mashareq Investment to open Conrad Riyadh Laysen Valley at the beginning of 2025. The Conrad Hotels & Resorts property will be the second for the brand in Saudi Arabia, joining Conrad Makkah.
This loan will be used to refinance an existing loan on behalf of the owner, a joint venture between Brookfield Reinsurance/ANICO and Superhost Hospitality.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 51-key Quality Suites South Austin, an interior-corridor, limited-service hotel in the highly sought-after Austin market.
The lifestyle hotel is set to open in 2025 in the city’s commercial complex, the Ring Chengd
The new ME, currently under construction, is expected to open in 2025. It will have 140 rooms and all the signature attributes of ME by Meliá.
As the first IHG hotel in the Emirate, the voco hotel aims to open in 2027. It will comprise 191 rooms, helping boost Sharjah's offering as one of the top destinations in the region.
Purchase of Select Service 143-Key Property Marks 12th Hospitality Acquisition in Current Cycle for Atlanta-Based Real Estate Investment Firm
The 14-story, 157-room Holiday Inn Charleston-Riverview is conveniently located off Savannah Highway and overlooks the Ashley River.
Mumford Company announced today it completed the sale of the Tru by Hilton Rockwall Dallas, located in Rockwall, Texas.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 107-key Holiday Inn Express & Suites Lubbock Central University Area, a limited-service hotel asset in Lubbock, Texas.
Weekly Hotel Industry Asia Pacific News Roundup from HVS
DSH Hotel Advisors has arranged the sale of the 48-room Super 8 by Wyndham Ormond Beach, Florida for an undisclosed price on July 11th, 2023.
Located in an exceptional area, 250 metres from the long Poniente beach, with 3 km of fine sand, this new ibis Styles will be located in an existing establishment which has been acquired by EXTENDAM and its operating partner DG INVEST HOSPITALIY.