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Urban - Luxury News

Emaar Hospitality Group to open 35 new hotel and serviced residences

Emaar Hospitality Group to open 35 new hotel and serviced residences

🕔Apr 27, 2016

Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, today announced its expansion plan, highlighted by 35 new hotels and serviced residences to open under its three flagship brands  – The Address Hotels + Resorts, Vida Hotels and Resorts and Rove Hotels -  in Dubai, the UAE and key international markets. 

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Starwood Hotels & Resorts to debut its eco-wise Element brand at Toronto airport

Starwood Hotels & Resorts to debut its eco-wise Element brand at Toronto airport

🕔Apr 25, 2016

Starwood Hotels & Resorts Worldwide, Inc. has announced it has reached an agreement with Easton’s Group of Hotels to open the second Element Hotel in the Greater Toronto Area and renovate Four Points by Sheraton Toronto Airport. The eight-story Element Toronto Airport will open in summer 2018 adjacent to the seven-story Four Points Toronto Airport, which will remain open throughout the US$4 millionrenovation.

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Union Investment acquires LondonHouse Chicago Hotel for $315 Million

Union Investment acquires LondonHouse Chicago Hotel for $315 Million

🕔Apr 21, 2016

An Oxford Capital Group, LLC led venture with Angelo, Gordon recently announced the $315 million sale and 25 year lease-management back of LondonHouse Chicago, at the corner of North Michigan Avenue and Wacker Drive, to Germany's Union Investment Real Estate.

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LaSalle Hotel Properties appoints new Chief Financial Officer

LaSalle Hotel Properties appoints new Chief Financial Officer

🕔Apr 21, 2016

LaSalle Hotel Properties has announced the appointment of Kenneth G. Fuller as Executive Vice President, Chief Financial Officer, Secretary, and Treasurer, effective April 25, 2016. Mr. Fuller succeeds Bruce A. Riggins, who will leave the company to pursue other opportunities. Mr. Riggins will continue to serve as the Company’s Chief Financial Officer for the transitional period.

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Melia Hotels International upgrades the luxury hotel Gran Melia de Mar in Mallorca

Melia Hotels International upgrades the luxury hotel Gran Melia de Mar in Mallorca

🕔Apr 20, 2016

Meliá Hotels International is set to launch Gran Meliá de Mar on the Palma de Mallorca Bay in April 2016. Following an extensive renovation, the property, previously a Meliá hotel, has been upgraded to become the brand’s flagship couples-only resort.

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QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

QG Africa Hotel LP acquires InterContinental Hotel in Lusaka

🕔Apr 19, 2016

QG Africa Hotel LP, a Mauritius-based fund managed by QG Investments Africa Management Ltd, a company of the Quantum Global group, has acquired 100% interest in the InterContinental Hotel Lusaka from Kingdom Hotel Investments for a gross consideration of USD 35.9 million.

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The purchase of the Hotel Villa Magna breaks records in the hotel sector

The purchase of the Hotel Villa Magna breaks records in the hotel sector

🕔Mar 9, 2016

JLL's Hotels & Hospitality group has advised Portuguese Sodim SGPS SA on the sale of the five-star, 150-bedroom Hotel Villa Magna, Madrid, Spain, to Turkish Doğuş Group.

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IHG signs its first InterContinental hotel in Bulgaria- InterContinental Sofia

IHG signs its first InterContinental hotel in Bulgaria- InterContinental Sofia

🕔Mar 8, 2016

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies has announced the signing of InterContinental Sofia, the first for the brand in Bulgaria. The hotel will operate under a management agreement with InterHotel Grand - Hotel Sofia AD.

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InterContinental to debut in Venice with the signing of InterContinental Venice - Palazzo Nani

InterContinental to debut in Venice with the signing of InterContinental Venice - Palazzo Nani

🕔Mar 8, 2016

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the signing of its first InterContinental hotel in Venice - InterContinental Venice – Palazzo Nani. The hotel will operate under a franchise agreement.

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Starwood Hotels & Resorts sells Hotel Imperial, a Luxury Collection hotel, Vienna

Starwood Hotels & Resorts sells Hotel Imperial, a Luxury Collection hotel, Vienna

🕔Mar 1, 2016

Starwood Hotels & Resorts Worldwide, Inc. announced on February 15, 2016, that it has closed on the sale of Hotel Imperial, a Luxury Collection Hotel, Vienna to Al Habtoor Investment - the investment arm of UAE conglomerate Al Habtoor Group for $78.8 million USD. As part of the transaction, all rooms and suites of the iconic hotel will be renovated over the next four years. Hotel Imperial will continue to operate as part of The Luxury Collection brand under a new long-term management agreement.

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Starwood Hotels & Resorts to debut ultra-luxury St. Regis Brand in Jakarta

Starwood Hotels & Resorts to debut ultra-luxury St. Regis Brand in Jakarta

🕔Feb 5, 2016

Starwood Hotels & Resorts Worldwide, Inc. announced yesterday that the company has reached a management agreement with Rajawali Property Group to open The St. Regis Jakarta and The Residences at The St. Regis Jakarta.

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