Hotel Development News
December, 20 2017
 
 
 
Hard Rock Hotel Maldives and Hard Rock Cafe Maldives to Open October 2018
 
Hard Rock Hotel Maldives and Hard Rock Cafe Maldives to Open October 2018
 
The property will be located within one of the Maldives' largest lagoons, Emboodhoo Falhu, a 20-minute speedboat ride from the airport. Read More
 
Hotel Development Thailand
Staybridge Suites Launching in Asia Pacific
Staybridge Suites Chonburi Siracha
 
InterContinental Hotels Group (IHG), has signed a management agreement with Origin Property Public Company Limited to bring Staybridge Suites to Asia Pacific. The all-suite extended stay brand will launch in Thailand – Staybridge Suites Bangkok Thonglor in 2019, in association with Nomura Real Estate Development Company Limited and Staybridge Suites Chonburi Siracha in 2020. Read more
 
Hotel Development New York City
TWA Hotel at JFK International Airport Tops Out
TWA Hotel at JFK International Airport Tops Out
 
Designed by Eero Saarinen in 1962, the TWA Flight Center is on track to reopen in early 2019 as the TWA Hotel, JFK’s only on-airport hotel Read more
 
Hotel Development Mexico Playa Del Carmen
The Fives Downtown Hotel & Residences in Playa Del Carmen Joins Curio Collection
The Fives Downtown Hotel & Residences in Playa Del Carmen Joins Curio Collection
 
Marking the first Curio Collection property in the country and Hilton’s first hotel in Playa del Carmen, the boutique hotel features 93 contemporary guest rooms, a rooftop infinity pool overlooking the Caribbean Sea and four dining outlets, including an authentic tequila bar with more than 100 different tequilas and mezcals. Read more
 
Hotel Transaction U.K.
Holiday Inn Stonehenge Sold for £12.5million
Holiday Inn Stonehenge Sold for 12.5million
 
Bowling Green Asset Management (BGAM) is announcing its second branded hotel acquisition of 2017, a luxury 103-room Holiday Inn, located close to Salisbury and Stonehenge, for £12.5 million, reflecting a net initial yield of 9.25%. Read more
 
Hotel Transaction Boston
Fairmont Copley Plaza Boston Sold for $170 Million
Fairmont Copley Plaza Boston Sold for $170 Million
 
RLJ Lodging Trust (NYSE: RLJ) last week announced that the Company has sold the 383-room Fairmont Copley Plaza in Boston, MA for $170.0 million or approximately $444,000 per key. Read more
 
Hotel Development Philippines
Hotel Okura Manila to Open 2018 in the Philippines
Hotel Okura Manila to Open 2018 in the Philippines
 
Located near Manila’s Ninoy Aquino International Airport (NAIA), the 191-room Hotel Okura Manila will be situated within Resorts World Manila, an integrated resort owned by TIHGI. Read more
 
Hotel Transaction California
354 Room Holiday Inn San Jose - Silicon Valley Sold
Holiday Inn San Jose - Silicon Valley Sold
 
Officials of The Dow Hotel Company (DHC) today announced the joint venture acquisition with an institutional investor of the 354-room Holiday Inn San Jose - Silicon Valley in California for an undisclosed amount. Read more
 
Choice Hotels Buys WoodSpring Suites
Choice Hotels Acquires WoodSpring Suites for $231 Million
 
Choice Hotels International (NYSE: CHH) today announced that it has reached a definitive agreement to acquire the brand and franchise business of WoodSpring SuitesSM from WoodSpring Hotels Holdings LLC, a portfolio company of Lindsay Goldberg, for approximately $231 million, subject to customary adjustments. Read more
 
Hotel Investment Trends
HVS Report - Five Reasons Why Developers and Owners Love Hotel Leases - By Peter Szabo
 
With both macro- and micro-trends supporting fixed-income hotel investments, here are five reasons why there has never been a better time to structure hotel leases in decades. Read more
 

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In Brief...
 

Disruptive Forces Are Striking The Hotel Industry
JLL Real Views - How Disruption Is Driving Change for Hotels - By Natalie Holmes

Hotel Transaction Colorado
Auberge Resorts Acquires Telluride's Madeline Hotel and Residences

Hotel Development California
UpValley Inn & Hot Springs Hotel in Calistoga, California Joins Ascend Hotel Collection

Hotel Development Bali
Hotel Nikko Bali to Open April 2018

 
 
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