Hotel Development News
December, 6 2017
 
 
 
Raffles The Palm Dubai Hotel and Raffles Residences PALM360
 
Raffles The Palm Dubai Hotel and Raffles Residences PALM360 Annnounced for Palm Jumeirah
 
PALM360 will be the tallest structure on the island, with world’s largest sky pool, luxury hotel and branded residences. Read More
 
Hotel Development Vietnam
Four Seasons Hotel Hanoi at Hoan Kiem Lake Announced
Four Seasons Hotel Hanoi at Hoan Kiem Lake Announced
 
Four Seasons Hotels and Resorts and BRG Group will open a new Four Seasons hotel in the heart of Vietnam's capital city. Read more
 
Hotel Portfolio Transaction
Banyan Investment Group Acquires Three Marriott-Branded Hotels for Nearly $30 Million
Courtyard by Marriott Lansing
 
Banyan Investment Group today announced that it has acquired and will operate three Marriott-branded hotels in two separate transactions: the 105-room Fairfield Inn & Suites Chicago St. Charles and the 92-room Fairfield Inn & Suites Chicago Naperville, both in Ill., and the 129-room Lansing Courtyard by Marriott in Mich., for a combined total of nearly $30 million. Read more
 
Hotel Development South Korea
New 300 Room Holiday Inn Express Hotel Coming to Seoul, South Korea in 2018
New 300 Room Holiday Inn Express Hotel Coming to Seoul, South Korea in 2018
 
The new-build Holiday Inn Express Seoul Hongdae, in partnership with the hotel’s major investor JEJUair, will be part of Hongdae’s largest mixed-use development, featuring a retail mall, extensive dining options and an office tower. Read more
 
Hotel Development Japan
Hotel Gracery Namba to Open 2019 in Osaka, Japan
 
Fujita Kanko Inc. announced its plan to open Hotel Gracery Namba in Osaka, Japan. Construction is expected to begin in January 2018, with an opening scheduled for summer 2019. Read more
 
Hotel Development Las Vegas
Caesars Entertainment to Acquire Land to Develop New Convention Center
 
Caesars Entertainment Corporation (NASDAQ: CZR) today announced definitive agreements to sell and leaseback the real estate assets associated with Harrah's Las Vegas to VICI Propertie and to acquire adjacent land from VICI to develop a planned new 300,000 square foot convention center. Read more
 
Hotel Transaction Alaska
Home2 Suites by Hilton Anchorage/Midtown Sold for $24 Million
Home2 Suites by Hilton Anchorage/Midtown Sold for $24 million
 
Apple Hospitality REIT, Inc. (NYSE: APLE) today announced that it acquired the 135-room Home2 Suites by Hilton in Anchorage, Alaska, for a purchase price of approximately $24 million, or $178,000 per key. Read more
 
Hotel Development Poland
Crowne Plaza Warsaw Hub Announced As Part Of IHG's First Dual-Branded Complex in Poland
Crowne Plaza Warsaw Hub Announced As Part Of IHG's First Dual-Branded Complex in Poland
 
Crowne Plaza Warsaw Hub will be built alongside Holiday Inn Express Warsaw Hub, IHG’s first dual-branded hotel complex in Poland - 430-room dual hotel will be IHG’s largest in the market Read more
 
Hotel Transaction Maine
Ocean Gate Resort in Maine Aquired by The Wardman Group
Ocean Gate Resort in Maine Aquired by The Wardman Group
 
65-Room Oceanfront Resort, Just Minutes from Boothbay Harbor, Previously Owned by GEM Hospitality Group Read more
 

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In Brief...
 


Hotel Development Germany
Rosewood Munich Hotel Announced for 2023

Hotel Development UAE
233 Room Anantara Sharjah Resort to Open 2020 in the United Arab Emirates

Marriott Expands In Asia
Marriott International and YTL Hotels Sign Agreements for New Hotels Across Asia

Hotel Development Texas
G6 Hospitality Announces Dual Branded Hotel for Austin, TX

Hotel Development Arizona
$400 Million Casino Breaks Ground In Phoenix West Valley

 
 
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