Hotel Industry Development News

Recently refurbished and centrally-located freehold hotel continue reading →

410 Pitt Street, with Stage 1 DA, a rare offering in Sydney’s tightly-held market continue reading →

Meliá Hotels International announced last week the signing of Meliá Shanghai Parkside, a brand new property located within the core area of Shanghai International Tourism and Resorts Zone. This marks the group's ninth property in China and second in Shanghai. continue reading →

With this announcement, Sonesta ES Suites continues the expansion of its U.S. collection, welcoming guests to new hotels in: Ann Arbor, MI; Atlanta (Chamblee), GA; Birmingham, AL; Chicago (Lombard), IL; Cincinnati (Blue Ash and Sharonville), OH; Houston (Clear Lake), TX; Jacksonville, FL; Memphis, TN; Montgomery, AL; Portland (Vancouver, WA) OR; Providence (Warwick), RI; St Louis (Chesterfield), MD; and Wilmington (Newark), DE. continue reading →

Finchatton has partnered with Four Seasons Hotels and Resorts to offer the first standalone Four Seasons Private Residences, located at Twenty Grosvenor Square in London. Opening in 2018, the residences will be the first Four Seasons Private Residences to be operated independently of a Four Seasons hotel or resort. continue reading →

The three hotels will be in the Tri Cities (Richland), Lakewood and Kent markets. continue reading →

IHG expects the first avid hotels locations to begin construction in early 2018, and the first hotel is anticipated to open in early 2019. continue reading →

Chesapeake Lodging Trust (NYSE:CHSP) announced today that it has entered into a management agreement with Hilton (NYSE:HLT) to rebrand its previous 613-room Marriott hotel, located in Denver, Colorado, to the Hilton Denver City Center. continue reading →

Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has closed on the previously announced acquisition of the newly-constructed, dual-branded Hilton Garden Inn and Home2 Suites by Hilton property in Birmingham, Alabama, with a combined total of 210 rooms, for a purchase price of approximately $38.4 million, or $183,000 per key. continue reading →

Mandarin Oriental Hotel Group has announced that it will manage a luxury hotel project in the heart of Beijing, that is expected to open in 2018. Located in a traditional hutong quarter, close to Tiananmen Square, the hotel will provide guests with a rare opportunity to experience luxury living in traditional and authentic Beijing surroundings. continue reading →