The level of distressed pricing that hotel investors expected to see during the pandemic hasn't materialized, and hoteliers now must update their expectations.
Wyndham's 22nd Brand Debuts with Two Beachfront Resorts in Cancun and Playa Del Carmen
Hampton has the biggest global development pipeline of any brand, recently celebrated surpassing its 2,700th open property, debuted the worlds largest Hampton by Hilton in July and most recently, welcomed its 200th property in China. By the end of the year, Hampton also will enter four new countries.
The portfolio includes 87 properties globally, with an additional 141 hotels in committed pipeline across different regions, operating under brands including 21c Museum Hotels, 25hours, Delano, Gleneagles, Hyde, JO&JOE, Mama Shelter, Mondrian, Morgans Originals, SLS, SO/, The Hoxton, TRIBE and Working From_.
Beemok Capital, the family office of Charleston businessman and philanthropist Benjamin Navarro, on Friday announced it has completed its acquisition of Charleston Place Hotel. Financial terms of the transaction were not disclosed.
Cambria Hotels, a brand franchised by Choice Hotels International, Inc. (NYSE: CHH), yesterday introduced a new hotel prototype option designed specifically for secondary and leisure markets.
Creates worldwide portfolio of 210 properties and annual operating revenue under management of more than $3 billion.
The Indian Hotels Company Limited (IHCL) today announced the signing of a new SeleQtions hotel in Kolkata, West Bengal. Hotel Raajkutir, will be branded as an IHCL SeleQtions hotel. This hotel is in partnership with the Ambuja Neotia Group.
Lightstone Will Bring 519 Keys to Williamsburg and the Lower East Side, Two of New York's Most Vibrant Neighborhoods
The property is the sister property to The Gabriel Miami, Curio Collection by Hilton located in downtown Miami.