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Ashford Trust announces planned sale of 5-hotel portfolio

Ashford Trust announces planned sale of 5-hotel portfolio

🕔Jun 8, 2016

Ashford Hospitality Trust, a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale hotels, has recently announced that it has entered into a definitive agreement to sell a 5-hotel, 1,396-room portfolio of select-service hotels for US$142 million in cash (US$102,000 per key) to Noble Investment Group.

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Choice Hotels International Announces Cambria hotels & suites Chicago Double Hotel Debut

Choice Hotels International Announces Cambria hotels & suites Chicago Double Hotel Debut

🕔May 10, 2016

Choice Hotels International, an American hospitality holding corporation based in Rockville, Maryland, in the United States, has recently celebrate the debut of two new Cambria hotel & suites projects in Chicago.

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North Point Hospitality Group secures financing for Marriott tri-branded new property in Nashville

North Point Hospitality Group secures financing for Marriott tri-branded new property in Nashville

🕔May 9, 2016

Nashville is about to gain 468 hotel rooms next to the Music City Center convention facility now that financing is set and construction nears on the first Marriott tri-branded property in the U.S.

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Home2 Suites by Hilton expands in Oklahoma with new hotel in Tulsa

Home2 Suites by Hilton expands in Oklahoma with new hotel in Tulsa

🕔May 5, 2016

Home2 Suites by Hilton, part of Hilton Worldwide's industry-first All Suites portfolio, has announced its newest property, Home2 Suites by Hilton Tulsa Hills.

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Marriott International expands Delta Hotels and Resorts Globally with opening of first U.S. property

Marriott International expands Delta Hotels and Resorts Globally with opening of first U.S. property

🕔Apr 26, 2016

Delta Hotels and Resorts announced the April 21st the official grand opening of the Delta Orlando Lake Buena Vista in partnership with JHM Hotels. This is Delta’s first branded hotel in the United States and signals the global expansion of the Delta brand. 

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Hispania acquires four hotels in Canary islands through debt acquisition

Hispania acquires four hotels in Canary islands through debt acquisition

🕔Apr 25, 2016

Hispania, the Spanish REIT, has acquired four hotels in the Canary islands through the acquisition of the debt associated to them.

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Louvre Hotels Group strengthens its position in Africa with the opening of the new Golden Tulip Nairobi City

Louvre Hotels Group strengthens its position in Africa with the opening of the new Golden Tulip Nairobi City

🕔Apr 21, 2016

Louvre Hotels Group has recently announced the opening of its 4-star Golden Tulip Westlands Nairobi hotel, which counts with 94 rooms and offers a multitude of high-end services including several fine dining restaurants, spas and swimming pools as well as conference rooms for business travellers.

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MGM Resorts International announces pricing of IPO by MGM Growth Properties LLC

MGM Resorts International announces pricing of IPO by MGM Growth Properties LLC

🕔Apr 20, 2016

MGM Resorts International today announced the pricing of the initial public offering of 50,000,000 Class A common shares representing limited liability company interests by its subsidiary MGM Growth Properties LLC (MGP) at a public offering price of $21.00 per share for gross proceeds of $1.05 billion.

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The Riu Tikida Beach in Agadir reopens its doors after a complete renovation

The Riu Tikida Beach in Agadir reopens its doors after a complete renovation

🕔Apr 20, 2016

The resort owned by Tikida Group and managed by RIU Hotels & Resorts, remains all-inclusive and exclusively for guests aged 18 and over. The hotel will welcome the upcoming summer season with a fresh, more modern and elegant look thanks to the revamped design of its facilities.

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The Riu Monica Hotel in Nerja reopens after a full renovation

The Riu Monica Hotel in Nerja reopens after a full renovation

🕔Mar 14, 2016

After a full renovation, RIU Hotels & Resorts is reopening its signature hotel in Nerja, in front of Torrecilla beach, the Riu Monica with 234 rooms. The hotel, first inaugurated in 1996, will be recommended for adults aged 18 and over. The hotel's public areas, the pool bar, bar lounge and the main restaurant have also been renovated. A new Spanish restaurant has been added to the hotel's offer. The resort will also maintain its two pools, one outdoor and another indoor open in the winter.

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Minor Hotel Group completes acquisition of Tivoli Hotels & Resorts in Portugal

Minor Hotel Group completes acquisition of Tivoli Hotels & Resorts in Portugal

🕔Feb 5, 2016

Minor Hotel Group (MHG), owner and operator of hotels and resorts in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean, today announced completion of the final stage of its acquisition of Tivoli Hotels & Resorts, a well-known Portugal-based brand with 14 properties across Portugal and Brazil.

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