Hotel Development News
February, 13 2019
 
 
 
U.S. Hotel Construction Pipeline for January 2019 Up 4.5 Percent YOY
 
U.S. Hotel Construction Pipeline for January 2019 Up 4.5 Percent YOY
 
The U.S. hotel industry reported a 4.5% increase in rooms in construction compared with January 2018. Read More
 
Hotel Development Egypt
Radisson Hotel Group Signs Portfolio Deal for Six Hotels in Egypt
Radisson Hotel Group Signs Portfolio Deal for Six Hotels in Egypt
 
The six hotels: Radisson Collection Hotel Cairo Heliopolis, Radisson Blu Serviced Apartments Cairo Heliopolis, Radisson Blu Hotel Cairo Golf City, Radisson Hotel New Cairo, Radisson Hotel & Resort Ain Sokhna and Radisson Blu Hotel & Resort Makadi Bay, Hurghada will mean Radisson Hotel Group becomes one of the largest international operators in the country. Read more
 
Hotel Development Africa
Marriott International Announces Three New Deal Signings for Africa
Rendering of The St. Regis Marrakech Resort
 
New hotels will mark debut in Liberia while strengthening presence in Morocco and Ghana Read more
 
Hotel Transaction Arizona
Pointe Hilton Squaw Peak Resort Sold for $51.4 Million
 
Park Hotels & Resorts Inc. (NYSE:PK) last week announced that it has closed on the sale of the 563-room Pointe Hilton Squaw Peak Resort located in Phoenix, AZ, for gross proceeds of $51.4 million, or $91,200 per key before customary closing costs. Read more
 
Hotel Development Tennessee
135 Room Aloft by Marriott Hotel Announced for Chattanooga, Tennessee
135 Room Aloft by Marriott Hotel Announced for Chattanooga, Tennessee
 
CBL Properties (NYSE:CBL) and Vision Hospitality Group, Inc. today announced plans to develop a 135-room Aloft by Marriott in Chattanooga, Tennessee, as part of the Sears redevelopment project at Hamilton Place. Read more
 
Hotel Transaction Chicago
MCR Acquires the Recently-Opened Hampton Inn & Suites Near Chicago
 
MCR, the sixth-largest hotel owner-operator in the United States, has acquired the 116-room Hampton Inn & Suites Chicago/Waukegan. Read more
 
Hotel Development Liberia
First Four Points by Sheraton Coming to Liberia
Four Points by Sheraton Monrovia
 
Four Points by Sheraton Monrovia to become first internationally-branded hotel in Liberia Read more
 
Hotel Development Utah
YOTELPAD Park City Breaks Ground in Upper Canyons Village
YOTELPAD Park City Breaks Ground in Upper Canyons Village
 
YOTELPAD Park City officially breaks ground in the Upper Canyon of the country’s largest ski resort, scheduled for completion in summer 2020. Read more
 
Hotel Development California
Hayes Mansion San Jose to Be Managed by Interstate Hotels & Resorts
Hayes Mansion San Jose to be Managed by Interstate Hotels & Resorts
 
Interstate Hotels & Resorts has been selected to manage Hayes Mansion San Jose, one of Northern California's most historic and impressive architectural gems recently acquired by JMA Ventures, LLC. Read more
 

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In Brief...
 

Hotel Construction Pipeline Europe
European Hotel Pipeline in Construction at 162,372 Rooms for January 2019

Hotel Construction Pipeline U.S.
Hotel Supply Growth in Top 25 U.S. Markets to Accelerate

Hotel Transaction Chicago
Ivy Boutique Hotel in Chicago Sold

Hotel Transaction Wyoming
Snow King Resort Hotel in Jackson, Wyoming Sold

Hotel Development California
Miramonte Indian Wells Resort & Spa to Join Latitudes Collection

 
 
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