Directly opposite Westminster, the Nine Elms area has recently undergone significant regeneration and become a popular residential district. The Park Hyatt hotel will be part of a new series of developments by R&F UK, consisting of eighteen buildings, which will include 2,300 high quality apartments, more than 120,000 square feet (11,150 square meters) of commercial space and numerous shops and restaurants.
Eldridge has completed the acquisition of the Hudson Hotel and Delano South Beach, located in New York City and Miami, respectively.
Attrition high in Brazils hotel pipeline
Radisson Hotel Group plans to open soon new serviced apartments units in Paris, Amsterdam, Dubai, Istanbul, Larnaca, Cortina, Cairo and Riyadh, with further openings planned in Germany.
Accor takes full ownership of sbe's lifestyle hotel brands along with majority of restaurant brands
An affiliate of The Axton Group yesterday announced the firm has closed on the acquisition of the Renaissance Austin Hotel for $70 million.
Through this all-share merger, a new autonomous and fully asset light entity will bring together an unrivalled portfolio of world class brands, including The Hoxton, Gleneagles, Delano, SLS, Mondrian, SO/, Hyde, Mama Shelter, 25h, 21c Museum Hotels, TRIBE, JO&JOE and Working From_. The new entity will be headquartered in London and will take the name Ennismore.
As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing Lifestyle hospitality sector, Accor today announces the signing of binding agreements on a new sbe Group's ownership structure.
The 5-star hotel will be the result of the complete refurbishment and restoration of the historic Palazzo Venezia, one of the most recognisable buildings in Piazza Cordusio, just a few metres from Piazza del Duomo in the centre of Milan.
The hotel, which first opened in 1838, is a landmark property on Paradeplatz, the main square in the city centre. It is located in the heart of the old town, within the main business centre, close to the city's leisure attractions and a short walk from the shores of Lake Zurich.