Hotel Development News
July, 26 2017
 
 
 
Wyndham AmericInn Acquisition
Wyndham Acquires AmericInn for $170 Million
 
AmericInn's portfolio consists of 200 primarily franchised hotels with approximately 11,600 rooms in 21 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states including Minnesota, Wisconsin, Iowa, Michigan, and North Dakota. Read more
 
Hotel Transaction Manhattan
Morgans New York Hotel Sold for $37 Million
Morgans New York Hotel Sold for $37 million
 
FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 117-room Morgans New York hotel for gross proceeds of $37 million. FelCor will use net proceeds to repay borrowings under its line of credit. Read more
 
Hotel Development Texas
PM Hotel Group Begins Management of Sheraton DFW Airport Hotel
Sheraton DFW Airport Hotel
 
PM Hotel Group announced today that it has assumed management of the 302-room Sheraton DFW Airport Hotel. Read more
 
Hotel Development New Hampshire
The Garrison Hotel in Dover, N.H. Joins Ascend Hotel Collection
The Garrison Hotel in Dover, N.H. Joins Ascend Hotel Collection
 
The 66-room upscale boutique hotel was inspired by the rich history of Dover, N.H. and takes its name from the city's historic garrison buildings. Read more
 
Hotel Development Philippines
Dusit Thani Mactan Cebu Resort to Open Q4 2018 in the Philippines
Dusit Thani Mactan Cebu Resort to Open Q4 2018 in the Philippines
 
Thailand-based Dusit International has signed a hotel management agreement with Robinsons Land Corporation (RLC), one of the Philippines' leading real estate companies, to operate the Dusit Thani Mactan Cebu, a five-star resort situated on the northern peninsula of Mactan island. Read more
 
Hotel Transaction North Carolina
Lodging Partners Arranges Sale of Four Points Charlotte
Lodging Partners Arranges Sale of Four Points Charlotte
 
The Hotel is situated off of I-77, and is proximate to many of the area’s primary demand generators, including Charlotte Douglas International Airport, Belk’s corporate headquarters, and SouthPark Mall. Read more
 
Hersha Capital Recycling
Hersha Hospitality Trust Coses on the Sale of Three Suburban Extended Stay Hotels - Acquires the Westin Philadelphia
 
Hersha Hospitality Trust Completes 24 Month Capital Recycling Campaign Read more
 
Hotel Development South Carolina
Concord Hospitality Breaks Ground on Beaufort Hotel in South Carolina
 
Concord Hospitality Enterprises Company, joined by representatives from the Crystal Coast Tourism Authority, broke ground yesterday on the 133-room Beaufort Hotel, an Ascend Hotel Collection. Read more
 
Hotel Development Estonia
Hotel Telegraaf in Estonia Joins Autograph Collection
Hotel Telegraaf in Estonia Joins Autograph Collection
 
Autograph Collection Hotels yesterday announced the opening of its first hotel in Estonia with the debut of Hotel Telegraaf in Tallinn's historic centre. Read more
 

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In Brief...
 


Hotel Transaction Iowa
Davidson Hotels & Resorts Announces The Sale Of The Iowa City Sheraton

Hotel Transaction Texas
Sheraton DFW Airport Hotel in Irving, Texas Sold for $46 Million

Hotel Development Puerto Rico
Gran Meliá Puerto Rico to Be Rebranded As Meliá Coco Beach

Immigrant Investor Program
Tips to Avoid the 6 Most Common Mistakes Developers Make With EB-5 - By Jim Butler

Micro Hotels
New York Hotels: the Next Wave of Micro Hotels - Curbed

 
 
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