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...
JLL appoints Patrick Saade as head of global hotels desk
JLL has apponted Patrick Saade as head of the JLL Hotels & Hospitality group global hotels desk. Saade joins the global Hotels & Hospitality leadership...
Crown Resorts receives $6.2bn acquisition proposal from Blackstone
Australian casino operator Crown Resorts has received an acquisition proposal from Blackstone that values the company at A$8.02 billion ($6.2 billion). Crown Resorts said on...
Hilton Hotel in The Hague sold for €70m
Avignon Capital, the European investment and asset management firm, has acquired the Hilton Hotel, located in The Hague from Hillgate Development and the Bon...
Accor sells stake in Huazhu for €239m
Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million. Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
San Francisco’s historic Villa Florence hotel sells for $87.5m
AWH Partners and The Roxborough Group have acquired the Villa Florence Hotel and retail in San Francisco for $87.5 million. First opened in 1915, the 189-key property is less than...
Hyatt to grow brand portfolio in India more than 70% by 2023
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023. With over 20 executed...
ARA H-Trust buys three Marriott-branded hotels in the U.S
ARA US Hospitality Trust, Sigapore Exchange listed company, invests in income-producing real estate assets used primarily for hospitality purposes located in the United States,...
Service Properties Trust terminates agreements with Marriott for 122 hotels
SVC Terminated Marriott Agreements for Failure to Meet 80% Termination Threshold for Cumulative Owner’s Priority Returns to SVC through August SVC Plans to Transfer the...
Blackstone acquires Crown Resorts, its largest investment to date in Asia
Blackstone has completed the acquisition of Crown Resorts for A$8.9 billion (US$6.2 billion). Blackstone said the acquisition is 'its largest investment to date' in Asia...