As one of the worlds most visited cities, London doesnt just need a plentiful supply of hotel rooms. It also needs them to meet the needs and expectations of an ever-widening group of business and leisure travelers.
Penn National Gaming, Inc. (PENN: Nasdaq), announced today that it has entered into a definitive agreement to acquire the operations of Greektown Casino-Hotel in Detroit, Michigan for approximately $300 million in cash.
Braemar Hotels & Resorts Inc. (NYSE: BHR) yesterday announced it has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California.
Sprawling more than 13 acres in Panama City Beach, the new Margaritaville Beach Resort will feature a full-service hotel, innovative amenity park, function space, several signature Margaritaville food and beverage concepts, retail, residential properties for sale and more.