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Global hotel commercial real estate news, insights, trends including resorts, lodging, casino hotels, acquisitions, disposals and openings.

Marriott raises $920m in cash through amended agreements with Chase and Amex

Marriott raises $920m in cash through amended agreements with Chase and Amex

Marriott International, Inc. has signed amendments to its existing co-brand credit card agreements with JPMorgan Chase & Co. and American Express.
Twin River to acquire two Eldorado casinos for $155m

Twin River to acquire two Eldorado casinos for $155m

Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort...
Caesars, VICI to sell Bally's Atlantic City for $25m

Caesars, VICI to sell Bally’s Atlantic City for $25m

Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide...
Dalata sells hotel in Dublin for €65m

Dalata sells hotel in Dublin for €65m

Dalata Hotel Group plc (Dalata) has agreed the sale and leaseback of its Clayton Hotel Charlemont in Dublin, Ireland, to Deka Immobilien (Deka) for €65 million....
Singapore's GuocoLand to sell hotel in Shanghai

Singapore’s GuocoLand to sell hotel in Shanghai

Singapore-based real estate company GuocoLand Limited (GuocoLand), listed on the Singapore Exchange Securities Trading Limited, announced that its wholly-owned subsidiary, Shanghai Xinhaolong...
PPHE Hotel Group secures £180m for London hotel development

PPHE Hotel Group secures £180m for London hotel development

PPHE Hotel Group has entered into a syndicated facility agreement arranged by Bank Hapoalim B.M. for a facility of up to £180 million...
Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust announces efforts to mitigate COVID-19 impact

Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy...
Hilton Corporate response to COVID-19

Hilton corporate response to COVID-19

The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE:...
Pebblebrook Hotel Trust announces action plan to mitigate COVID-19 impact

Pebblebrook Hotel Trust announces action plan to mitigate COVID-19 impact

Pebblebrook Hotel Trust (NYSE: PEB) announced that in addition to the significant efforts underway to protect the health and safety of its...
Apple Hospitality REIT takes steps to mitigate impact of COVID-19

Apple Hospitality REIT takes steps to mitigate impact of COVID-19

Apple Hospitality REIT, Inc. (NYSE: APLE) announced that it has taken steps to mitigate the impact of the novel coronavirus (COVID-19) outbreak...

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