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| Hotel Transaction Oregon |
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| Crystal Investment Property, LLC, a licensed Oregon broker, represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential. Read more |
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| Hotel Development California |
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| Located in Westlake, CA between Los Angeles and Santa Barbara, The Hyatt Regency Westlake is minutes from the scenic beaches of Malibu and Santa Monica mountains. The Mediterranean style hotel features 263 guestrooms, restaurant & lounge, over 25,000 sq.ft. of function space and cascading waterfalls and gazebo for unique weddings and occasions. Read more |
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| Hotel Development Tennessee |
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| For the first time in 40 years, Blackberry Farm announces a new property, Blackberry Mountain, opening in late 2018. With the creation of Blackberry Mountain, the Beall family is expanding their commitment to preserve the land surrounding the Great Smoky Mountains National Park and continuing the tradition of offering legendary hospitality. Read more |
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| Hotel Development Central America |
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| These nine projects will deliver approximately 1,300 Hilton guest rooms in Central America, representing more than 10 percent of the company's pipeline of approximately 11,300 rooms in Latin America - where Hilton has more than 70 properties under development. Read more |
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| Hotel Development Japan |
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| Okura Nikko Hotel Management Co., Ltd., a subsidiary of Hotel Okura Co., Ltd., announced today that it will open Hotel JAL City Sapporo Nakajima Park in 2019 on Japan’s northernmost main island of Hokkaido. The company has signed a contract with Sapporo NK Management LLC to operate and manage the new hotel. Read more |
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| Hotel Development Vietnam |
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| Carlson Rezidor Hotel Group announced today the signing of a management contract with Phu Quoc Tourist Investment & Development JS Companyto develop Radisson Blu Resort Phu Quoc. Scheduled to open in the last quarter of 2017, the new build hotel, with 522 rooms and suites, isset to be a focal point of Phu Quoc. Read more |
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| Hotel Development Netherlands |
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| Hilton has signed a management agreement with Gelasius Vastgoedmaatschappij B.V and Service Hotel and Resort International B.V. to open The Monastery Hotel Koningsbosch, Curio Collection by Hilton. The hotel, close to the German and Belgian borders in the Dutch province of Limburg, is set to open in 2020, marking the brand's debut in the Netherlands. Read more |
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| Hotel Transaction Texas |
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| Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced that it has closed on the acquisition of two Marriott-branded hotels for $38,800,000. The closing includes the following hotels: the Fairfield Inn & Suites El Paso Airport and the Residence Inn Austin Airport. Read more |
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