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Development

Extended Stay America Signs Eight New Extended Stay America Premier Suites Hotels in Florida

March 21, 2023 by Nevistas News

Extended Stay America announced today that it entered into an agreement with BASK Development for eight new Extended Stay America Premier Suites located throughout major markets in Florida.

Categories Development

Kimpton Pattaya Hotel to Open 2028 in Thailand

March 21, 2023 by Nevistas News

IHG Hotels & Resorts announced Kimpton Pattaya as an extension of its long-standing partnership with Asset World Corp Public Company Limited or AWC in Thailand.

Categories Development

Howard Johnson by Wyndham Houma Hotel in Houma, Louisiana Sold

March 21, 2023 by Nevistas News

The property, built in 2008, was purchased by Agha Holdings, based in Chatsworth, California, from KAK Enterprises, based in Houma, Louisiana.

Categories Development

TUI BLUE Adds 5 Hotels to Its Portfolio

March 21, 2023 by Nevistas News

As well as the new TUI BLUE Victoria in Menorca, TUI BLUE hotels will be joining the brand portfolio in Hurghada, Egypt; Ayia Napa, Cyprus; Cala Bona, Majorca; and Thailand.

Categories Development

Wyndham ECHO Suites Extended Stay Brand Pipeline Grows to Over 200 Hotels in Year One

March 21, 2023 by Nevistas News

Wyndham Hotels & Resorts today announced the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline.

Categories Development

Mondrian Abu Dhabi Hotel Announced for 2024

March 20, 2023 by Nevistas News

Ennismore today announced it will open Mondrian Abu Dhabi, the brand's first project in the United Arab Emirates, in collaboration with Al Hazoom Group.

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Marriott to Open Eight Hotels in the Holy City of Madinah in Saudi Arabia

March 20, 2023 by Nevistas News

The anticipated openings will feature approximately 4,400 rooms across eight of the company’s brands – The Ritz-Carlton, JW Marriott, Marriott Hotels, Westin Hotels & Resorts, Le Méridien Hotels & Resorts, Four Points by Sheraton, Aloft Hotels, and Courtyard by Marriott.

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Collapse of US Banks Could Make Hotel Financing Harder to Find – CoStar

March 20, 2023 by Nevistas News

Hotel industry experts say the recent collapse of both Silicon Valley Bank and Signature Bank will in the short term cause banks to tighten their underwriting criteria.

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ANA Holdings and IHG ANA Hotels Group Japan Sign Comprehensive Commercial Agreement As Part of Longstanding Strategic Alliance

March 20, 2023 by Nevistas News

Strengthens the multifaceted collaboration with one of Japan's largest airline and hotel networks

Categories Development

Pebblebrook Hotel Trust Sells 909 North Michigan Avenue Retail Parcel Adjacent to The Westin Michigan Avenue Chicago for $27.3 Million

March 20, 2023 by Nevistas News

Pebblebrook Hotel Trust (NYSE: PEB) today announced that it closed on the sale of 909 North Michigan Avenue, a 5,860 square-foot 3-tenant fully occupied high-street retail parcel, adjacent to the Company’s Westin Michigan Avenue Chicago for $27.3 million to a third party.

Categories Development
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