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Sale of Landmark Hotel in New York City's East Side Closes

February 2, 2023 by Nevistas News

JLL’s Hotels & Hospitality Group announced today that it has closed the sale of 525 Lexington Ave., a 35-story, 655-key, full-service hotel in New York City’s Midtown East neighborhood. The parties have agreed to not disclose the purchase price.

Categories Development

Biden Criticizes Airlines and Hotels for Unfair Fees – Travel Weekly

February 2, 2023 by Nevistas News

President Joe Biden took swipes at airlines and hotels Wednesday as he called on Congress to limit certain extra charges they impose on consumers.

Categories Other

Hilton Marsa Wazar Red Sea Resort & Spa Announced for Egypt

February 2, 2023 by Nevistas News

Hilton (NYSE: HLT) recently announced the signing of its second property in the city of Marsa Alam, Hilton Marsa Wazar Red Sea Resort & Spa. In partnership with Boulevard for Tourism Development, the property will be operated under the Hilton Hotels & Resorts brand.

Categories Development

Hotel Real Estate Sale Trends – The Price of Hotels Showed Strength in All Regions Except the South Atlantic

February 2, 2023 by Nevistas News

Hotels in non-gateway cities posted higher quarterly and yearly gains relative to gateway cities, with the non-gateway hotels’ prices increasing 4 percent for the quarter, compared to 2 percent for gateway properties.

Categories Trends

Hyatt to Rebrand Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch Under the Grand Hyatt Brand in Late 2024

February 2, 2023 by Nevistas News

Rebrand plans include $110 million transformative renovation to hotel’s guestrooms and public areas, as well as an expansion of meeting and event space

Categories Development

$300 Million Great Wolf Resort in Mashantucket, Connecticut Breaks Ground

February 2, 2023 by Nevistas News

Resort to Open in 2025

Categories Development

VICI Properties Inc. Provides 287.9 Million Construction Financing for Great Wolf Lodge in Mashantucket, Connecticut

February 2, 2023 by Nevistas News

The 549-room indoor water park resort was officially announced today during a groundbreaking event and is expected to start welcoming guests by mid-2025.

Categories Development

The Alliance for Hospitality Equity and Diversity (AHED) Joins Forces with Cornell Nolan Hotel School Graduates to Diversify Hotel Industry Leadership with Intentional Recruiting

February 2, 2023 by Nevistas News

Over the past two years, 36 alumni from the Cornell University Nolan School of Hotel Administration have come together to develop and fund a program designed to attract more disadvantaged and underrepresented Black students to study hospitality and tourism.

Categories Education

Spring Break Expected to Be Busier Than Last Year According to Expedia

February 2, 2023 by Nevistas News

Searches up 40% and International Beach Destinations Back on the Map

Categories Trends

South Congress Hotel in Austin, Texas, Silverado Resort and Spa in Napa Valley, California, and Saybrook Point Resort & Marina in Old Saybrook, Connecticut Join Curator Hotel Collection

February 2, 2023 by Nevistas News

With these additions, Curator has grown to 98 members, expanding their footprint in Napa Valley, the rapidly expanding Austin market, and the coast of historic Connecticut.

Categories Development
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