Four Seasons to open luxury hotel and private residences in New Orleans
Four Seasons Hotels and Resorts, together with developers Carpenter & Company Inc. and Woodward Interests, LLC, will open a luxury hotel and Private Residences...
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 generally and...
Marriott CEO Arne Sorenson dies at age 62
Arne Sorenson, the president and chief executive officer of Marriott International Inc., has passed away on February 15, 2021 at the age of 62. In May...
USAA Real Estate sells luxury resort in San Antonio
USAA Real Estate has sold La Cantera Resort & Spa to affiliates of Ohana Real Estate Investors in San Antonio. The Resort has been...
India’s Hero forms £500m JV with Catalyst Capital to invest in UK
India's Hero Enterprise has formed a £500 million joint venture with Catalyst Capital, the European real estate investment and asset management firm, to invest...
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 Holdings Inc....
JLL secures $450m loan for Waikiki beach hotel
JLL's Hotels & Hospitality Group has secured a $450 million loan for the Hyatt Regency Waikiki Beach Resort & Spa. in Honolulu, Hawaii. JLL worked on behalf...
Hyatt plans to grow its portfolio in Europe
Hyatt Hotels Corporation has announced the plans to grow its portfolio in Europe by the end of 2023 with more than 20 executed managed...
ActivumSG fund buys hotel operator Odyssey
A fund managed by ActivumSG Capital Management has acquired hotel operator Odyssey Hotel Group. The purchase, details of which are not being disclosed, is the...
Partners Group invests in Trinity
Global private markets firm Partners Group has reached an agreement to acquire a strategic minority stake in Trinity Investments, a U.S.-based real estate investor...