Hotel Development News
August, 31 2017
Top 6 Hotel Success Factors
HVS Report - Top 6 Hotel Success Factors - By Luigi Major
In this article, Luigi shares what he believes to be some of the most important factors that must be considered in the acquisition or development of a hotel, which ultimately lead to a property’s financeability, profitability, and long-term success. Read More
Hotel Development Poland
IHG Signs First Staybridge Suites Hotel in Poland
Staybridge Suites Warsaw Ursynów
Due to open in late 2019, the 190 room new build hotel will operate under a franchise agreement with WIK Capital and will be located in Ursynów, Warsaw's third largest district. Read more
Hotel Transaction Oregon
Westshore Oceanfront Motel, Lincoln City, Oregon Sold by Crystal Investment Property, LLC.
Westshore Oceanfront Motel, Lincoln City, Oregon
Crystal Investment Property, LLC, a licensed Oregon broker, exclusively represented the Seller in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer as well as lenders and other professionals, to negotiate a mutually acceptable sale. The final sale price was confidential. Read more
Hotel Development Turkey
Hyatt Centric Yalikavak Bodrum Hotel to Open Mid 2019 in Turkey
Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with Özkent Girisim Gayrimenkul Yatırım ve Ticaret A.S. for a Hyatt Centric hotel in Bodrum, Turkey. Hyatt Centric Yalikavak Bodrum will be managed by Access Tourism and Hotel Investment Consultancy Ltd. Read more
Hotel Development California
The Cambria Hotel Burbank to Open 2019 in California
Choice Hotels International, Inc. (NYSE: CHH) signed an agreement with S3D Partner to develop its first Cambria hotel in Burbank, Calif. The six-story, 90-room property will be located at 201 South Glenoaks Boulevard in downtown Burbank, near some of the world's most recognized film and television studios. Read more
Hotel Development Atlanta
Sonesta International Hotels Announces Dual Branded Property for Atlanta
Sonesta Gwinnett Place Atlanta
Sonesta International Hotels Corporation announced its first dual-branded property. The existing Sonesta Gwinnett Place Atlanta will be enhanced with the addition of a new Sonesta ES Suites, the company's extended stay hotel brand. Read more
Hotel Development South Korea
Hyatt Announces Plans for Grand Hyatt Jeju
Hyatt Announces Plans for Grand Hyatt Jeju
Grand Hyatt hotel to be part of Lotte Tour’s integrated resort project on Jeju Island, South Korea Read more
Hotel Development Chicago
St. Jane Chicago Hotel to Open Spring 2018
St. Jane Chicago Hotel to Open Spring 2018
Majestic Carbide & Carbon Building to be Repositioned as Independent Lifestyle Hotel Brand Read more
Hotel Transaction South Carolina
Noble Investment Group Acquires Home2 Suites by Hilton Rock Hill | Charlotte
Noble Investment Group Acquires Home2 Suites by Hilton Rock Hill | Charlotte
Noble Investment Group today announced the acquisition of the Home2 Suites by Hilton Rock Hill | Charlotte. The contemporary, extended stay hotel opened in May 2017 in Rock Hill, South Carolina – a suburb of Charlotte. Read more

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In Brief...

Airport Hotels
Airport Hotels: the Stylish New Models Near the Runway - By Natasha Stokes

Hotel Transaction Los Angeles
Custom Hotel in Los Angles Acquired by Kor Group

Hotel Development Tennessee
Holston House Hotel to Open December 2017 in Downtown Nashville

Hotel Development Indiana
Dual-Branded Residence Inn and SpringHill Suites by Marriott at Keystone at the Crossing in Indianapolis, IN Announced for 2019

Hotel Development Australia
Mantra MacArthur Hotel to Open This September in Canberra

Hotel Transaction Idaho
Boulder Creek Inn, Donnelly, Idaho Sold by Crystal Investment Property, LLC.

Hotel Development Las Vegas
Fountainbleau Site in Las Vegas Sold for $600 Million

Hotel Development Vietnam
Best Western Premier Sonasea Phu Quoc in Vietnam Announced for 2019

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