The project is located at a 119,200 square-meters land and sea areas and a 33,500 square-meters beach area at Praia, the capital city of Cape Verde, on Santiago Island.
Arbor Lodging Partners announced today that, through an affiliate, it has acquired two select service extended-stay hotels in Indianapolis: the TownePlace Suites Indianapolis Keystone, an 82-room hotel, and the TownePlace Suites Indianapolis Park 100, a 94-room property.
St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the signing of an agreement with Qingdao Conson Haitian Centre Co., Ltd., a subsidiary of Qingdao Conson Development (Group) Co., Ltd., to debut the St. Regis brand in Qingdao, one of Chinas most prominent and fast-growing coastal cities.
The Buyer a South American investment company purchased the hotel for $11,000,000. Tony DeGeorge, President and Ken Olipra, Vice President of GCD Hotels advised and represented the seller and the buyer in the transaction.
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