Development

The One Dojima Project, which began construction on August 1, 2020, is a large-scale redevelopment project in the Kinki region of Osaka. The building will be approximately 195 metres high (49 stories) with a total floor area of approximately 85,000 square metres (915,000 square feet), making it one of the largest in Osaka City.

Curator Hotel & Resort Collection welcomes its first-ever Hawaii member hotels from the Springboard Hospitality collection, one of Curator’s founding members. The four new member hotels span three destinations (Honolulu, Kapa’a, and Lihue) on two islands (Kauai and Oahu), providing personalized and authentic local experiences.

Hyatt Hotels Corporation (NYSE:H) today announced an increase to its 2021 net rooms growth outlook and the completion of two transactions as part of its ongoing capital strategy.

According to the Lodging Econometrics’ (LE) Q1’21 Construction Pipeline Trend Report for the Middle East, the hotel construction pipeline in the region dropped to 534 projects/153,225 rooms, down 12% by projects and 11% by rooms year-over-year (YOY).

Amended Agreement Supported by $30.0 Million Guaranty

Caesars Entertainment, Inc. (NASDAQ: CZR) today announced the closing of the sale of Tropicana Evansville to Gaming & Leisure Properties and Bally's Corporation for aggregate consideration of $480 million in cash, subject to a customary working capital adjustment.

In a move that returns entrepreneur Robert Thompson to his southern roots, the food and beverage veteran's newly established New Orleans hospitality firm, Angevin & Co., has completed the purchase of the historic boutique hotel, The Frenchmen Hotel (417 Frenchmen St., New Orleans, LA 70116).

Dollywood's HeartSong Lodge & Resort marks first project in new 10-year, more than half-a-billion dollar investment plan

Alpine Realty Capital, LLC, a member of Hotel Brokers International, is pleased to announce that they have completed the sale of the Budget Host Inn & Suites hotel and the Best Western Harbour Pointe Lakefront hotel, both in the resort town of St. Ignace in the Upper Peninsula of Michigan.

Aimbridge Hospitality will assume ownership of Grupo Hotelero Prisma, the largest third-party operator in the Mexico market.