Development

The Park Inn by Radisson Makkah Thakher City Tower West, the Park Inn by Radisson Makkah Thakher City Tower East and the Radisson Hotel Makkah Thakher City are set to open in Q4 2022. The new signings will add a total of 992 rooms and apartments, doubling the Group's portfolio in Makkah.

Set to debut in fall 2021, this property will be the first in Margaritaville's new boutique hotel collection, St. Somewhere.

The extended-stay hotel property, built in 2016, was purchased by Jain Hotels Management, based in Tulsa, Oklahoma, from Pride Management Inc., based in Beaumont, Texas.

A summary of European hotel transactions provided by HVS

The 18-acre resort has over 700 feet of private beachfront and is just up the coast from San Pedro on Ambergris Caye.

Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the acquisition of the 157-room Aloft Hotel on the waterfront in downtown Portland, Maine, for a total purchase price of $51.2 million, or approximately $326,000 per key.

New properties in Tianjin and Kunming contribute to the nationwide expansion of Microtel, as Wyndham makes 14th brand available for development in China

Mandarin Oriental Hotel Group has announced an agreement to brand and manage 54 luxurious residences located on Wilshire Boulevard, Beverly Hills that are scheduled to open in 2022.

Hyatt and The Wharf (Holdings) Limited today announced plans for a new Park Hyatt hotel in Changsha, the capital of Hunan province, marking the luxury Park Hyatt brand’s entry into Central China.

Representing the Seller of this Retro Mid-Century Modern A-Frame Motel