Four Seasons Hotels and Resorts and Alshaya, a leading international retail franchise operator, today announced plans for a Four Seasons hotel in Kuwait. Located in downtown Kuwait City, Four Seasons Hotel Kuwait at Burj Alshaya will open in early 2017 as part of Alshaya's new Burj Alshaya mixed-use development.
Sheraton Hotels & Resorts today announced the official unveil of the Sheraton Grand London Park Lane after a multi-million pound transformation of its 303 guest rooms and public spaces, including the famed Palm Court Lounge and Grade II listed Art Deco Ballroom and Silver Gallery.
Hilton Worldwide Holdings Inc. (NYSE: HLT), HNA Group and Blackstone (NYSE: BX) announced today that HNA will acquire an approximate 25 percent equity interest in Hilton from affiliates of Blackstone, establishing a long-term strategic investment in Hilton and Hiltons planned spin-offs of Park Hotels & Resorts and Hilton Grand Vacations.
Metropolitan Athens Hotel to be converted following $15 million renovation program.