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
Project of the Week: Pendry Tampa, Florida
RLJ Lodging Trust has selected Davidson Hospitality Group to act as management company for The Mills House Hotel in Charleston via its lifestyle operating vertical Pivot.
Tags: Pendry Tampa, Pendry Residences Tampa, Pendry Hotels & Resorts, Montage International, Arquitectonica, Two Roads Development, Studio Munge
TRANSACTIONS
Global investor Blackstone sold the historic La Quinta Resort & Club near Palm Springs to a British private equity firm for $255 million, the largest total price paid for a hotel in Southern California in more than two years.
Tags: Blackstone, La Quinta Resort & Club, Henderson Park
Upper-upscale hotel in the Garden State unveils new look
Hyatt Regency Morristown is conveniently located within the town’s Headquarters Plaza mixed-use development, which is owned by the Olnick Organization and Fisher Development Associates.
Tags: Hyatt Regency Morristown, Olnick Organization, Fisher Development Associates, Jeff Babcock, Gensler
Among recent transactions, Dynamic City Capital has acquired the Hyatt Place hotel in downtown San Franciso near the home of the Giants baseball team;
Tags: Dynamic City Capital, Hyatt Place, Host Hotels & Resort, Hotel Van Zandt, JMREI, Lionshead Capital Partners, Courtyard, Crystal Investment Propert LLC, Outlook Inn
avid hotels Opens 50th Property in Fort Lauderdale, Florida
avid hotels – part of IHG Hotels & Resorts (IHG) – announced its 50th property with avid hotel Ft. Lauderdale Airport-Cruise in Fort Lauderdale, Florida.
Tags: avid hotels, IHG Hotels & Resorts, Karen Gilbride, Atwell Suites, Dania Resorts LLC, Rahil Sanghvi, Onyx Viera Hotel, Reddy Hotels, Ocala Investment One LLC
New Castle Hotels & Resorts acquires Holiday Inn Resort Jekyll Island
New Castle Hotels & Resorts acquired the Holiday Inn Resort Jekyll Island, a 158-room oceanfront resort, for $41 million subject to a land lease with the Jekyll Island Authority.
Tags: New Castle Hotels & Resorts, Holiday Inn Resort, Georgia Coast Holdings, NorthPointe Hospitality, Rich Lillis, Colliers
The Martinique New York to Continue Renovations
Steven Kratchman Architect P.C. has been appointed Architect of Record (AoR) by Burnett Equity, the new owner of the Martinique New York on Broadway hotel, to continue renovations it began 15 years ago with the former owner Herald Hotel Associates.
Tags: Steve Kratchman, Burnett Equity, Martinique New York, Herald Hotel, Radisson, Curio Collection, William R.H. Martin, Henry J. Hardenbergh
Spring Bay Property Company completes sale of Tampa hotel
Spring Bay Property Company has sold the 119-room Holiday Inn Express Brandon in Tampa, Fla., to HDG Hotels for $16 million.
Tags: Holiday Inn Express, Spring Bay Property Company, HDG Hotels, Berkadia Hotels & Hospitality, Michael Weinberg, Preston Reid, Kyle Stevenson, Wyatt Krapf, Azim Saju
voco The Tiger Hotel in Columbia, Missouri, Opens
IHG Hotel & Resorts announced the opening of voco The Tiger Hotel in Columbia, Missouri, the brand’s fourth location in the Americas and first in the Midwest region.
Tags: IHG Hotel & Resorts, voco The Tiger Hotel, Glyn Laverick, Gina LaBarre
Songy Highroads sells Hyatt House Nashville
Songy Highroads has sold the Hyatt House Nashville at Vanderbilt boutique hotel to OTO Development, part of The Johnson Group.
Tags: Songy Highroads, Hyatt House Nashville, OTO Development, Johnson Group, David Songy, Hyatt Hotels Corporation
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
Daytona Beach Shores city council votes to develop new beachfront hotel
The Daytona Beach Shores city council voted to develop a new beachfront and a multifamily residential complex on Tuesday afternoon.
Tags: Treasure Island Hotel
Mission Hill Hospitality Acquires 92-room Residence Inn in NY’s Hudson Valley
Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select service and extended stay hotel investing, announced it has acquired the Residence Inn by Marriott at 800 Frank Sottile Blvd. in Kingston, NY for an undisclosed amount.
Tags: Mission Hill Hospitality, KSL Capital Partners, Residence Inn, Greg Kennealey
New Downtown Austin Hotel Tower Planned at Fifth and Trinity Corner Site
The approval of demolition applications for two adjacent buildings in downtown Austin late last month by the city’s Historic Landmark Commission will clear the southwest corner of East Fifth and Trinity Streets for a new hotel tower project, according to development permits filed earlier this week.
Tags: Finley Company, White Lodging, JW Marriott, Aloft/Element Hotel, Otis/AC Hotel
Historic Galveston hotel announces major makeover and charming changes
A historic Galveston hotel – built the same year the city was founded – is undergoing a major makeover.
Tags: Galveston Hotel, The Tremont House Galveston, James Flick, Karen Prigmore, Flick Mars, Marriott
Four-Diamond Hotel Planned for Air Force Academy
Hotel developer Coral Tree Hospitality plans a hotel to be built adjacent to the Air Force Academy’s planned new visitors center as a one-of-a-kind iconic property that will pay tribute to flight in Colorado Springs Colorado.
Tags: Coral Tree Hospitality, RBC Capital Markets, Silver Development Partners, Dan Schnepf, Matrix Design Group, Provident Resources Group, FAndre Fournier
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
Boutique Hotel Planned for Worthington
A proposed boutique hotel in Worthington Ohio adjacent to the historic Snow House property at 41 W. New England Ave. is another step closert to development.
Tags: Kevin Royhans, New England Development Company
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