Hotel Development News
May, 23 2017
 
 
 
Hotel Development New York City
Lower East Side’s Rumored Ace Hotel Could Open in 2018 - Curbed
 
But the hotel company has yet to confirm the project exists Read more
 
Hotel Development Brazil
Sofitel Copacabana Hotel to Be Converted to Fairmont Brand
 
AccorHotels announced the conversion of Sofitel Copacabana into the first hotel with the Fairmont flag in South America. The renovation begins this month and is expected to finish in 14 months. Read more
 
Groupe Noctis
AccorHotels to Acquire Stake in Groupe Noctis
 
AccorHotels and the FCDE (Fonds de Consolidation et de Développement des Entreprises) this week announce that they are in exclusive talks about acquiring 100% of the latter's minority interest in Groupe Noctis. Read more
 
Hotel Development Missouri
The Chase Park Plaza in St. Louis to Join Royal Sonesta Hotels
The Chase Park Plaza in St. Louis to Join Royal Sonesta Hotels
 
Sonesta International Hotels Corporation announced that The Chase Park Plaza, which opened in St. Louis in 1922, will join their collection of Royal Sonesta hotels in the U.S.. Read more
 
New Hotel Brand
Howard Hospitality Group Launches New Hotel Brand - Locale
 
First Property Slated to Open September 2017 on Grand Cayman Read more
 
Hotel Development Saint Lucia
Range Developments Signs Definitive Agreement With Government of Saint Lucia to Develop Black Bay Under the Country's Citizenship-by-Investment Programme
 
The heart of the Black Bay Master Development will consist of a luxury branded hotel and villas set on 180 acres on the beautiful southern tip of the island. Read more
 
Hotel Transaction California
The Ehmer Group Structures Sale of Quality Inn Madera California
The Ehmer Group Structures Sale of Quality Inn Madera California
 
Richard Ehmer, President of The Ehmer Group, has negotiated the sale of the 93-room Quality Inn in Madera, California. The selling price was $3,050,000. The property will be converted from a Quality Inn to a La Quinta. The ownership has plans for significant updates and renovations throughout the building. Read more
 
Hotel Transaction Anguilla
96 Key Cap Juluca Resort in Anguilla Sold for $84.6 Million
96 Key Cap Juluca Resort in Anguilla Sold for $84.6 Million
 
Belmond Ltd. (NYSE: BEL) today announced that it has entered into agreements to acquire the entirety of Cap Juluca, a 96-key luxury resort on the Caribbean island of Anguilla, British West Indies. Read more
 
Hotel Development Nepal
Dusit Thani Himalayan Resort & Spa Slated to Open in 2020
Dusit Thani Himalayan Resort & Spa slated to open in 2020
 
Dusit International has signed a management agreement with Omstone Asia Capital Nepal Pvt. Ltd. to operate Dusit Thani Himalayan Resort & Spa, the first Dusit-branded property in Nepal. Read more
 

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In Brief...
 

Canadian Hotel Transaction Trends
Colliers International Hotel INNvestment Canada Report Q1 2017 (PDF Download)

Dream Hotel Group Development Update
Dream Hotel Group Announces Plans to Triple Existing Portfolio by 2022

Hotel Development New York State
The Wick Hotel to Open Fall 2017 in Hudson, New York

 
 
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