Hotel Development News
June, 22 2017
 
 
 
How Boutique Hotels Are Delivering Their Own Brand of Luxury
 
JLL Real Views - How Boutique Hotels Are Delivering Their Own Brand of Luxury - By Maggie Nichols
 
Hotels that include world-renowned spas and five-star restaurants are not hard to find in these primary U.S. markets – but in secondary and tertiary markets, the hunt can be a bit more challenging. But major hotel brands such as Marriott and Hilton are still bringing luxury experiences to hotel guests in smaller cities. How? By tailoring their offerings for each market and focusing on certain amenities. Read More
 
New Midscale Hotel Brand For IHG
IHG to Launch New Midscale Hotel Brand
 
Price point about $10-15 less than IHG's Holiday Inn Express brand Read more
 
Hotel Development Colorado
First Finish Begins Major Renovation of Sheraton Steamboat Resort
 
Guest rooms will be converted to timeshare villas for Vistana Signature Properties Read more
 
Hotel Development Japan
Pullman Tokyo Tamachi Hotel to Open Fall 2018
Pullman Tokyo Tamachi Hotel to Open Fall 2018
 
The hotel is directly connected to the JR Tamachi Station east exit and a three-minute walk from the Toei Subway Mita Line. From the hotel to the Haneda International Airport is about 30 mins by public transport and just one stop from JR Shinagawa station to Osaka and Kyoto via bullet train. Read more
 
Hotel Development California
Ashford Prime Announces Extension Of Ground Lease At Hilton La Jolla Torrey Pines
Ashford Prime Announces Extension Of Ground Lease At Hilton La Jolla Torrey Pines
 
The lease, which currently expires in 2043, will be extended by 24 years and will now expire in 2067. Through this agreement, the Company was also able to secure options to further extend the ground lease by either 10 or 20 additional years depending on the amount of capital expenditures invested in the Hotel during the term. Read more
 
Hotel Development New York City
The LOOK Hotel in Brooklyn, NY Joins Ascend Hotel Collection
The LOOK Hotel in Brooklyn, NY Joins Ascend Hotel Collection
 
The sleekly designed 81-room boutique hotel is situated by the Brooklyn waterfront. The property features newly renovated, modern guest rooms that showcase residential inspired finishes and details, including oversized work desks, comfy task chairs and triple-sheet bedding Read more
 
Ashford Non-Core Hotels Strategy
Ashford Prime Lists the Marriott Plano Legacy for Sale
Dallas/Plano Marriott at Legacy Town Center
 
Announces Agreement to Convert Courtyard Philadelphia to Marriott's Autograph Collection Read more
 
Hotel Development California
Crescent Hotels & Resorts to Manage Westin San Jose Hotel
Crescent Hotels & Resorts to Manage Westin San Jose
 
Crescent Hotels & Resorts has been selected to manage the AAA 4 Diamond Westin San Jose, once known as San Jose's 'Million Dollar Hotel.' Read more
 
Hotel Transaction Manhattan
Dumont NYC Hotel Sold for $118.0 Million
Dumont NYC Hotel Sold for $118.0 million
 
The sale price of $118.0 million reflects a 25.2x EBITDA multiple and a 3.3% net operating income capitalization rate. Read more
 

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In Brief...
 

Hotel Development Missouri
Loews Hotels & Co and KC Hotel Developers LLC Partner on New Kansas City Convention Center Hotel

Hotel Development Chicago
La Quinta Inn & Suites Chicago Downtown Completes Major Renovation Program

Hotel Development Toronto
Industry Giants Bidding to Rebrand Trump's Toronto Hotel - TravelPulse

Hotel Development U.K.
178 Room Hilton Garden Inn Hotel Announced for Birmingham Airport

Hotel Development Spain
Six Senses Ibiza Resort Announced for 2020

New Adults Only Hotel Brand
Palladium Hotels & Resorts Rebranding the Royal Suites Portfolio of Hotels

Hotel Development Hawaii
Kohea Kai Resort Maui In Hawaii Joins Ascend Hotel Collection

Hotel Transaction California
The Pacific Edge Hotel in Laguna Beach Sold for $57.5 Million

Hotel Development Las Vegas
MGM Grand Breaks Ground on $130 Million Conference Center and Stay Well Meetings Expansion

Hotel Development Pennsylvania
Fairfield Inn & Suites Harrisburg in Pennsylvania Breaks Ground

 
 
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