Hotel Development News
August, 1 2017
Hotel Development New Zealand
EVEN Hotels Signs First Property in New Zealand
EVEN Hotels Signs First Property in New Zealand
EVEN Hotel Auckland is scheduled to open in 2020 and is the first of the brand to be signed outside of North America. It is also the first in Pro-Invest Group's portfolio of 10-15 EVEN Hotels across the capital cities and economic hubs in Australia and New Zealand, in partnership with IHG. Read more
New Hotel Brokers International Member
Brett Morganti, Ascent Real Estate, LLC Joins Hotel Brokers International
Brett Morganti, CCIM, serves as the Managing Broker of the Hospitality Division for Ascent Real Estate and the firm’s primary contact for hospitality advisory services. Mr. Morganti’s business career spans more than 20 years and he and his colleague, Dan Emert, Broker Associate, specialize in business sales and cash-flow properties with a particular focus on hospitality properties. Read more
Hotel Development Turkey
DoubleTree by Hilton Antalya Kemer Hotel to Open 2018 in Turkey
DoubleTree by Hilton Antalya Kemer Hotel to Open 2018 in Turkey
The waterfront hotel, which has its own private beach and views of the Western Taurus Mountains, will have six restaurants, four bars, outdoor and indoor swimming pools, spa facilities, a fitness center, a tennis court and three conference rooms. Read more
Hotel Development Italy
DoubleTree by Hilton to Rebrand NH Torino Lingotto Tech Hotel After Refurbishment
DoubleTree by Hilton Turin Lingotto
Hilton (NYSE: HLT) has signed a franchise agreement with Lingotto Hotels S.r.l., which will see NH Lingotto Tech hotel become part of the DoubleTree by Hilton brand in early 2018. Read more
Hotel Development Indonesia
IHG to Debut in Bintan with Dual-brand Signing of Holiday Inn and Hotel Indigo Hotels
InterContinental Hotels Group (IHG) has signed a dual-brand management agreement with PT. Graha Agung Indahsentosa to debut two hotels, Holiday Inn Resort Bintan Lagoi Beach and Hotel Indigo Bintan Lagoi Beach in Bintan, Indonesia. Set to open in 2019, the new-build hotels will be situated in the prime Lagoi Bay area. Read more
Immigrant Investor Program
JULY 25, 2017 EB-5 Finance Lawyer: Are Hotels Still the Darling of EB-5 Financing? - By Jim Butler
This article discusses why hotels are consistently among the investments most favored for EB-5 financing, and why they are likely to remain so for some time to come. Read more
Hotel Development Vietnam
DusitD2 Vung Tau Hotel to Open Q2 2018 in Vietnam
dusitD2 Vung Tau Hotel to Open Q2 2018 in Vietnam
Thailand-based Dusit International has signed a management agreement with Ha Dat Company Limited to operate dusitD2 Vung Tau, the first dusitD2 branded property in Vietnam, slated to open in Q2 2018. Read more
Hotel Transaction Florida
175 Room Oceans Edge Hotel & Marina Key West, Florida Sold for $175 Million
Oceans Edge Hotel & Marina Key West, Florida Sold for $175 million
Sunstone Hotel Investors, Inc.) (NYSE: SHO) announced that it has acquired the fee-simple interest in the 175-room Oceans Edge Hotel & Marina in Key West, Florida for $175 million. In addition, the Company announced that it had recently completed the disposition of the 199-room Marriott Park City in Park City, Utah for a gross sale price of $27.6 million. Read more
Hotel Development California
Alila Hotels Expanding to North America
Two Roads Hospitality today announced the expansion of Alila Hotels & Resorts into North America. Singapore-based Alila, which became part of the Two Roads Hospitality portfolio in June 2015 will open its first North American resort property in California's Big Sur in fall 2017. Read more

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In Brief...

Hotel Development California
Nobu Hospitality To Rebrand The Epiphany Hotel Palo Alto

WoodSpring Repositioning
WoodSpring Hotels Finalizes Brand Repositioning

Squaw Valley Ski Holding Merger
KSL Capital Partners and Henry Crown and Company Combine Three Major Resort Companies

Hotel Development Austria
Niu Franz Hotel to Open This December in Vienna

Hotel Development Florida
Margaritaville Resort Orlando Breaks Ground

Hotel Transaction Virginia
Westin Crystal City Hotel Sold

Hotel Development California
Pala Casino Spa & Resort Announces Plans for $170 Million Expansion and Renovation

Hotel Development New York State
Dual Branded Home2 Suites & Tru by Hilton Hotel Announced for Williamsville Buffalo Airport, NY

Hotel Transaction California
Starwood Capital Group Acquires The Jeremy West Hollywood Hotel

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