A weekly listing of transactions, projects, brand announcement and deals – only INNTEL about opportunities you can directly benefit from.
DEVELOPMENTS
TRANSACTIONS
AC Hotel Austin Hill Country | Developer (Developer Type) Stratus Properties Inc.
The site plan for the 325,000- square-foot, mixed-use development includes a 10-screen Moviehouse & Eatery, which opened in May, a 134-room Marriott AC hotel, expected to open in summer 2021, 140,000 square feet of office space, restaurants and 60,000 square feet of retail space.Source: Sources [Property], Marriott.com , Bizjournals.com, Communityimpact.com
Tag: Marriott AC hotel, Lantana Place, West William Cannon Drive, Stratus Properties Inc.
ICYMI: Hyatt Doubles Resort Footprint With Apple Leisure Group Acquisition
For the week of Aug. 16-20, Hotel News Now’s most-read stories include Hyatt Hotels Corp’sintent to acquire Apple Leisure Group, the latest U.S. hotel forecast, and more.Source: NN editorial staff
Tag: Apple Leisure Group, Hyatt Hotels Corp
Residence Inn | 3482 Mission Inn Ave, Riverside, CA 92501, USA
The numbers has been lowered to 220 in order to accommodate changes made to the rooftop observation deck, which will now extend along more of the frontage facing Mission Inn Ave.Source: Pe.com
Tag: Greens Group, Overland Development, Downtown Fire Station, Atman Kadakia, Residence Inn, Mission Inn Ave
Yorktowne Hotel has a new opening timeline, will soon take reservations
With wall coverings and work by local artists, luxurious showers and 22 extended-stay suites in the works, the Yorktowne Hotel has gotten the stamp of approval from officials at Hilton Hotels and is entering a 12-month countdown until its grand re-opening.Source: York Daily Record
Tag: Kim Hogeman, Director of Strategic DevelopmentKatie Mahoney, Vice President of YCEAPennsylvania Historical & MuseumCommissionYorktowne HotelGF Management Andrew TodJack Kay,Chairman of the York County Industrial Development AssociationYork County Economic AllianceKinsley Construction
18-story Westin hotel hosts grand opening in Tempe
TEMPE, AZ (3TV/CBS 5) — The Westin Hotel in Tempe has unveiled their newest hotel with a special grand opening.Source: AZFAMILY.COM
Tag: Westin Hotel in Tempe, Michael George,CEO of Crescent Hotels & Resorts, MillAvenue near Arizona State University’s Tempe campus, ASU, Sun Devil Football Stadium
DEVELOPMENTS
Boardwalk hotel modeled after historic Rehoboth Beach landmark clears major hurdle
A four-story luxury hotel is a step closer to becoming a reality at one of Rehoboth Beach’s most prime locations.
Tags: Bellhaven Hotel, John Papajohn, Alex Papajohn, Christopher Cylke, REVPAR International
TRANSACTIONS
Dreamscape Companies Acquires The Saint Hotel Charleston
Dreamscape Companies, founded by Eric Birnbaum, announces its acquistion of The Saint Hotel Charleston, a boutique hotel in the French Quarter of Downtown Charleston.
Tags: Dreamscape Companies, Eric Birnbaum, The Saint Hotel Charleston, Aimbridge Hospitality, Scott Broder
Construction begins on hotel next to Bozeman Yellowstone International Airport
Construction on a four-story hotel near the Bozeman Yellowstone International Airport has started.
Tags: EVEN Hotel, IHG Hotels & Resorts, ERES Capital, Mike Elliot, Charter Realty & Development
Peachthree acquires two Florida hotels; more transactions
Transactions and financing continue as the hospitality industry recovers from the COVID-19 pandemic, with deals including two acquisitons for Peachtree Hotel Group that bring the company’s total for the year to approximately $2 billion.
Tags: Peachtree Hotel Group, AC Hotel Miami Aventura, Aloft Miami Aventura, Peachtree Hospitality Management, Greg Friedman, Brian Waldman, RobertDouglas, Waterton, Sierra Nevada Resort & Spa, Evan Hurd, Mumford Company, Best Western Historic District, Microtel Inn, Ed James, Steve Kirby, Carter Willcox, George Arvanitis, Justin Pinkard
Hampton Inn hotel coming to Hornell with a $15M investment
A new Hampton Inn business class hotel is coming to Hornell with a $15 million investment into the local economy.
Tags: Hampton Inn, Indus Hospitality Group
The Woodlands Resort to Begin Enhancement Program in Q2 2022
The Woodlands Resort, a landmark destination, will soon become the first Curio Collection by Hilton branded resort in Texas.
Tags: Woodland Resort, Curio Collection by Hilton, CoralTree Hospitality Group, Scott Spann, Jenna Hackett
Historic Lewis Hotel Renovation Planned
The property owner-management firm of the historic Lewis Hotel in Cherokee Iowa, and is planning to restore the landmark structure.
Tags: Lewis Hotel, Zachary Z. Zoul, Zoul Properties, LLC
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