IHG to open its fifth voco hotel in Sydney CBD
Inter Continental Hotels Group (IHG) announced that it will open its fifth 'voco' hotel in Australia in Sydney CBD with developer Linzhu Australia Pty...
Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal
Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake in a...
Oakwood to open hotel in Melbourne
Global serviced apartment operator Oakwood, a wholly owned subsidiary of Singapore's Mapletree Investments, will open its second Oakwood Hotel & Apartments in Australia.
According to...
MSD Partners to acquire Boca Raton Resort & Club from Blackstone
MSD Partners has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone.
Boca Raton Resort...
Marriott International to build world’s tallest modular hotel in New York City
Marriott International will build the world’s tallest modular hotel in New York City.It is expected to open in late 2020 as the AC Hotel...
Heeton-led Singaporean consortium acquires Crowne Plaza London Kensington
Heeton Holdings Limited, together with KSH Holdings Limited and Ho Lee Group Pte Ltd, announced the completion of the joint acquisition of the Crowne...
Wynn Resorts terminates discussions with Crown Resorts
Just one day after Crown Resorts' announcement in relation to A$10 billion ($7.1 billion) takeover offer by Wynn Resorts, Las Vegas based Wynn Resorts...
Elanor launches Elanor Luxury Hotel Fund,buys hotels
ASX-listed property investor Elanor Investors Group, an investment and funds management business with over $1.25 billion in assets under management across Australia and New...
Australia’s Crown confirms $7.1bn takeover offer from Wynn Resorts
Australia’s entertainment group Crown Resorts has released a statement about media reports in relation to takeover proposal by Las-Vegas based Wynn Resort.
Crown Resorts...
JHR acquires Hilton Tokyo Odaiba
Japan Hotel REIT Investment Corporation (hereinafter called “JHR”) announced that it has acquired Hilton Tokyo Odaiba for JPY62.4Bn.
Hilton Tokyo Odaiba is a large-scale full-service...
Courtyard by Marriott King Kamehameha’s Kona Beach Hotel sold
Holliday Fenoglio Fowler, L.P. announced that it has closed the sale of Courtyard by Marriott King Kamehameha's Kona Beach Hotel, a 452-room, full-service beachfront...
Hyatt to open 14 new hotels during the next 24 months in India
Hyatt Hotels Corporation announced that 2019 will mark record growth for Hyatt in India. Expansion plans foresee the addition of over 2,100 guestrooms through...
