Strong national demand trends continue to support Canadas lodging sector with investors remaining optimistic about the hotel asset class in 2019. Download the Hotel INNvestment Canada Q4 Report for results of the Canadian Hotel Investment Sentiment Survey and a 2018 Transaction Preview.
Susurros del Corazón, the latest addition to the Auberge Resorts Collection portfolio, has recently broken ground as Punta de Mita's newest luxury boutique resort.
Hard Rock Hotel & Casino Sacramento at Fire Mountain held a topping off ceremony on Feb. 13, 2019, to celebrate reaching this major construction milestone in the project. The property is slated to be the premier entertainment destination in Northern California once it opens in fall of 2019.
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 69 luxurious residences, located on Fifth Avenue New York, scheduled for completion in 2021.
Located on the Gulf Coast, the latest additions are owned by multidisciplinary real estate firm Edgewater Group, LLC.
In the center of Times Square, the Lord & Moris Times Square Hotel is managed by REAL Hospitality Group. It's just a short walk to some of New York's most famous attractions including the Empire State Building, Broadway theatres, and the Vessel at Hudson Yards.
The Hotel will include MARCUS, the first Canadian restaurant by celebrated Chef Marcus Samuelsson
Radisson Hotel Group announced the signing of a Master Development Agreement with SunnySeeker Hotels in the Republic of Cyprus. The new deal will see the group grow its existing portfolio in the country to six hotels and almost 1,000 rooms by 2025.
InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the worlds leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses brands and operating companies and does not include any real estate assets.
Avantgarde Hospitality LLC, a privately held hospitality investment firm, announced today the acquisition of the Ivy Boutique Hotel, 233 E. Ontario Street in Chicago, Illinois, establishing its presence in the downtown area.