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MCR has acquired the Gramercy Park Hotel in New York City. Morse Development, an MCR affiliate that developed the TWA Hotel at New York City’s JFK Airport, will renovate the five-star hotel…
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Hotel Properties—controlled by tycoon Ong Beng Seng and his wife Christina—has won government approval to redevelop three of its adjoining prime properties on Orchard Road, Singapore’s main shopping strip, a project that analysts estimate could cost…
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Visitors to Bellagio won’t see any changes in operations as a result of the formation of a new joint venture land ownership deal announced Friday…
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Alpha Real Trust Ltd - Guernsey-based property-finance investor - Acquires 64-bedroom hotel and pub in Birmingham, England for GBP5.1 million including acquisition costs…
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Bob W, the innovative tech-driven short-term rental brand, is further expanding its presence in Helsinki by taking over the iconic former Hotel Rivoli Jardin in the vibrant Kaartinkaupunki district…
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Expanding its footprint in the country with the 9 hotels in Paphos, Larnaca, Protaras and Limassol…
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A trophy pub Sydney CBD, sold for circa $40m with the selling agents, JLL Hotels & Hospitality Group and Savills Australia & New Zealand describing the sale as one of the most significant pub sales thus far in 2023…
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Cairns Southside International sold to RHCD Funds through HTL Property Directors Nic Simarro and Paul Nyholt.
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KARACHI: In a bid to invigorate Pakistan's economy, Vision Group has announced the construction of Parkview Beach Resort, a luxurious five-star beachfront property situated a mere 50 kilometers from Karachi, nestled between the provinces of Sindh…
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Ground has been broken at the mega project, which will house 7,000 permanent residents and will see more than 700,000 annual visitors head to the facility that will be home to a ‘vertical village’, a ‘fun cluster’, shopping, nightlife and more on…
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Statewide, the decline in hotel sales so far this year is the steepest drop in two decades as lenders shy away from financing multi-million-dollar transactions.
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It’s not on the average person’s to-do list to buy a hotel, or sell one, for that matter - Therefore finding trusted guidance and information on how to buy and sell hotel real estate can be difficult or outdated…
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The co-founder of the popular Pandora jewellery brand – Danish man Per Enevoldsen – has entered the travel and tourism world with a new business called Annassurra. The concept is new hotels with deep connections to their surrounding cities…
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Aimbridge Hospitality, a leading, global hospitality management company and the world’s largest third-party hotel operator, has been selected to manage five Marriott properties recently acquired by Three Wall Capital, LLC (“TWC”), expanding a…
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IHG Hotels & Resorts and Sharjah Asset Management (SAM) have signed a management agreement to bring a voco hotel to Sharjah in the UAE…
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You think the Star Wars hotel rooms were expensive for you? It cost Disney even more!As if the May announcement of the closure of Galactic Starcruiser — the much-hyped Star Wars hotel at Walt Disney World that dared to ask, “what if you asked fans…
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Singapore-based City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—will continue to look for overseas acquisitions even as soaring interest rates are starting to dampen the property group’s earnings…
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But Dallas based TRT Holdings, the owner of the Omni hotel chain, seems to grasp the timeless truism that old gems can also sparkle anew. The fountain of youth being a major capital investment…
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