Bellagio Sold to Blackstone for $4.25 Billion

MGM Resorts International (NYSE: MGM) announced that it has entered into a definitive agreement to form a joint venture with Blackstone Real Estate Income Trust that values the real estate of Bellagio at $4.25 billion, which represents a purchase price multiple of 17.3x rent.

Elizabeth Faler Named General Manager for The Ritz-Carlton Cleveland

Prior to joining The Ritz-Carlton, Cleveland, Faler served as Hotel Manager for The Ritz-Carlton, Los Angeles – the heart of the thriving L.A. LIVE entertainment complex.

Sbe Appoints Five Additional Industry Veterans Expanding London, Singapore and Miami Offices

Wayne Brown, Mark Eacott, Brad Hayden, Javier Hortal, and Hector Kremer Join sbe As Part of Continued Growth

Palihouse Miami Beach Hotel Opens

The 71-room hotel located in Miami Beach’s Faena District, was repurposed in partnership with local development firms, Scott Robins Companies, RB Green Companies, and L.A.-based boutique hotel operator, Palisociety.

Anantara Hotels News

Anantara Jinsha Chengdu Hotel Announced for 2021
July, 23 2018
Anantara Jinsha Chengdu Hotel is to feature 150 guestrooms and suites, an all-day dining restaurant and specialty restaurant, lobby lounge and bar/tea lounge, a gym and fitness facilities, outdoor and indoor swimming pools, a spa, children's club, additional recreational and leisure facilities, along with banqueting and meeting facilities. continue reading →

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