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Regal REIT Acquires the Iclub Ma Tau Wai Hotel in To Kwa Wan
May 24, 2017
P&R Holdings Limited, a 50-50 joint venture of Paliburg and Regal entered into a Sale and Purchase Agreement to acquire a 50% equity interest in Prosper Harvest, which indirectly owns the iclub Ma Tau Wai Hotel.
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HVS Report – Meet the Money 2017 Key Takeaways
May 24, 2017
Hotel stakeholders shared a diversity of insights into U.S. hotel industry trends during the lifecycle of a hotel, including development, conversion/repositioning, and disposition.
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Econolodge, Newport, Oregon Sold by Crystal Investment Property LLC
May 23, 2017
Joseph P. Kennedy, President of Crystal Investment Property, LLC, exclusively represented the Buyer in the purchase of the Econolodge in Newport, Oregon. The 44-room roadside motel is located adjacent to Highway 101 on the Central Oregon Coast. The final sale price is confidential.
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Dossen International Group to Sign at Least 40 DusitPrincess Resorts and Resort Residences Within the Next Five Years
May 23, 2017
Thailand-based Dusit International has signed a strategic partnership with Dossen International Group, one of the fastest growing hotel groups in China, to operate and develop DusitPrincess resorts and residences in China.
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Dream Hotel Group Announces Plans to Triple Existing Portfolio by 2022
May 22, 2017
Group Continues Rapid Global Expansion with Nine New Hotel Signings; Announces Plans to Triple Existing Portfolio by 2022
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