Hotel Development News
June, 1 2017
 
 
 
All-Inclusive hotels have a new look for a new era
 
JLL Real Views - All-Inclusive Hotels Have a New Look for a New Era - By Laura Agadoni
 
Today’s All-Inclusive hotels still tempt vacationers with all-you-can-eat buffets and free flowing drinks, but that’s where the similarities end with the traditional All-Inclusive model. Read More
 
Hotel Development China
Dossen International Group to Sign at Least 40 DusitPrincess Resorts and Resort Residences Within the Next Five Years
 
Thailand-based Dusit International has signed a strategic partnership with Dossen International Group, one of the fastest growing hotel groups in China, to operate and develop DusitPrincess resorts and residences in China. Read more
 
Hotel Transaction Oregon
Econolodge, Newport, Oregon Sold by Crystal Investment Property LLC
 
Joseph P. Kennedy, President of Crystal Investment Property, LLC, exclusively represented the Buyer in the purchase of the Econolodge in Newport, Oregon. The 44-room roadside motel is located adjacent to Highway 101 on the Central Oregon Coast. The final sale price is confidential. Read more
 
Regal REIT Acquires the Iclub Ma Tau Wai Hotel in To Kwa Wan
Regal REIT Acquires the Iclub Ma Tau Wai Hotel in To Kwa Wan
 
P&R Holdings Limited, a 50-50 joint venture of Paliburg and Regal entered into a Sale and Purchase Agreement to acquire a 50% equity interest in Prosper Harvest, which indirectly owns the iclub Ma Tau Wai Hotel. Read more
 
Hotel Transaction North Carolina
Lodging Partners Arranges Sale of Comfort Inn Asheboro, North Carolina
Lodging Partners Arranges Sale of Comfort Inn Asheboro, North Carolina
 
Ford C. Barton, Principal of Lodging Partners, LLC, has arranged the sale of the Comfort Inn, Asheboro, North Carolina. The Hotel was purchased by a regional hotel investor who plans to eventually reposition the property to a Country Inn & Suites. Read more
 
Marriott Starwood Merger
Marriott CEO: Here’s Why We Did the $13.6 Billion Starwood Deal - Hotel News Resource
 
Companies like this come for sale only every 10 years or longer. If you don't jump at them, forever you'll look back and say, well should we have done it? And so we jumped in Read more
 
Hotel Development Netherlands
Haarlem Niu Hotel to Open Q2 2018 in the Netherlands
Haarlem niu Hotel to Open Q2 2018 in the Netherlands
 
The NOVUM Hotel Group continues to expand in Europe step by step with its Millennial-focused hotel concept niu. In the town of Haarlem, close to both Amsterdam and the beach, HBB Groep is developing and realising a niu hotel for the NOVUM Hotel Group. Read more
 
Hotel Transaction Orlando
Hyatt Regency Grand Cypress In Orlando Sold For $205.5 Million
Hyatt Regency Grand Cypress In Orlando Sold For $205.5 Million
 
Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced its acquisition of the 815-key Hyatt Regency Grand Cypress in Orlando, Florida from an affiliate of Hyatt Hotels Corporation for a purchase price of $205.5 million, or approximately $252,000 per key. Read more
 
Marriott Development Update Asia Pacific
Marriott International On Track For Breakthrough Year In Asia Pacific
 
On the back of a strong first quarter, Marriott International (NASDAQ: MAR) today announced that 2017 is on track for a progressive year in Asia Pacific with nearly 80 hotels targeted to open, bringing 19,000 new rooms to the region. Read more
 

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