Hotel Development News
October, 3 2018
 
 
 
AC Hotel by Marriott Cape Town, Waterfront
 
Marriott to Increase Africa Portfolio by 50 Percent with over 200 Hotels and 38,000 Rooms by 2023
 
Demand for Select-Service Brands and Conversion Opportunities Spur Growth Amplified by Five New Hotel Signings Read More
 
Condor Hospitality Strategic Alternatives
Condor Hospitality Explores Strategic Alternatives
 
This review process, which will be conducted with the assistance of financial and legal advisors, will consider the full range of potential strategic alternatives, which includes but is not limited to, acquisitions, business combinations, joint ventures, public and private capital raises, recapitalization, and sale transaction options. Read more
 
Hotel Development London
280 Room Hyatt Place London City/East Hotel Announced for 2020
Hyatt Place London Heathrow Airport
 
Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a franchise agreement with Resolution Property, which has partnered with Berkeley Capital Group, to develop a Hyatt Place hotel at Black Lion House on Whitechapel Road in Aldgate. Read more
 
Hotel Development Minnesota
Cambria Hotel Minneapolis-Saint Paul Airport Breaks Ground
Cambria Hotel Minneapolis-Saint Paul Airport Breaks Ground
 
Slated to open in 2019, the five-story, 170-room hotel is one of three Cambria hotels in the Minneapolis area, joining the Cambria Hotel Minneapolis Maple Grove and the upcoming Cambria Hotel Downtown Minneapolis. Read more
 
Hotel Development U.K.
Iconic Echo Building in Liverpool Sold and to Be Converted Into a Hotel
Iconic Echo Building in Liverpool Sold and to Be Converted Into a Hotel
 
The property, scheduled for completion in January 2020, will feature an upscale 4-star hotel operated under the Innside brand by Meliá, Spain’s largest hotel chain. Read more
 
Moxy Hotels Development Update
Moxy Hotels Announces Projects for the Caribbean, Central America and South America
Moxy Hotels Announces Projects for the Caribbean, Central America and South America
 
Four Moxy Hotels projects were recently approved in the Caribbean, Central America and South America, with the 165-room Moxy in Medellín, Colombia signed just last week. Read more
 
Hotel Development Boston
Residence Inn by Marriott Boston Watertown Sold
Residence Inn by Marriott Boston Watertown Sold
 
Summit Hotel Properties, Inc. (NYSE: INN) reported today that it has completed the acquisition of the 150-guestroom Residence Inn by Marriott Boston Watertown and the previously announced sale of the 148-guestroom Hyatt Place Fort Myers/at the Forum. Read more
 
Hotel Development California
Historic Hotel Napa Valley Joins Ascend Collection
Historic Hotel Napa Valley Joins Ascend Collection
 
Built in 1874, the hotel retains the historic and charming details of old-world Napa, such as stone flooring, original ancient redwood accents, and landscaping marked by old-growth fir trees. Read more
 
Hotel Development Jamaica
Jamaica's Half Moon To Rebrand Villas
Jamaica's Half Moon To Rebrand Villas
 
The Half Moon resort, located in Rose Hall, Montego Bay, broke ground in May 2017 on a US$75 million investment, which will see the additions of new room and suite accommodations, Great House lobby, two new restaurants, three new bars, marketplace with coffee shop and vegan café. Read more
 
Oyo Rooms
This 24 Year-old Indian Built a US$5 Billion Hotel Start-up Empire - This is How He Did It - South China Morning Post
 
Five years ago, Ritesh Agarwal was a college dropout; today, Oyo - his chain of renovated hotels - is India’s biggest and is expanding overseas, including into China Read more
 
Four Seasons Private Residences
Four Seasons Hotels to Launch Private Residences in Los Angeles
Four Seasons Hotels to Launch Private Residences in Los Angeles
 
Four Seasons Private Residences Los Angeles, located at 9000 W. 3rd Street, is the company's first standalone residential project in North America and joins London's Twenty Grosvenor Square as one of only two worldwide. Read more
 
Hotel Development Miami
Waldorf Astoria Hotel & Residences Miami Announced
Waldorf Astoria Hotel & Residences Miami Announced
 
The Waldorf Astoria Hotel & Residences Miami will be located at 300 Biscayne Boulevard in Downtown Miami.The property will consist of a five-star hotel, private residences, retail and top culinary destinations. Read more
 

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In Brief...
 


Hotel Development Oklahoma
Convention Center Hotel Breaks Ground In Oklahoma City

Concord Hospitality Update
Alleghany Capital Corporation Aquires Majority Interest In Concord Hospitality

Radisson Hotel Group Development Update Africa
Radisson Hotel Group Signs 10 New Hotels in Africa

Hotel Transaction Washington
Alterra Mountain Company Closes on Crystal Mountain Resort in Washington

5,400 Hotel Room Transaction
Eldorado Resorts Completes $1.85 Billion Tropicana Entertainment Acquisition

 
 
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