Inntuity weekly inntel updates

Weekly Inntel

A weekly listing of transactions, projects, brand announcements and deals – only INNTEL about opportunities you can directly benefit from.

March 14

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

First announced in November 2021, Pendry Tampa and the accompanying Pendry Residences Tampa are both expected to open in the centre of the lively Tampa Riverwalk in the second quarter of 2024.

Tags: Pendry Tampa, Pendry Residences Tampa, Pendry Hotels & Resorts, Montage International, Adache Group Architects, Studio Munge, Arquitectonica

TRANSACTIONS

Hotels bought and sold

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, Hotel Van Zandt, Lionshead Capital Partners, Hyatt Place, Sheraton, Courtyard by Marriott, Host Hotels & Resorts, JMREI, Crystal Investment Property, Hotel Brokers International, Outlook Inn, Columbia Hospitality


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, Fisher Development Associates, Olnick Organization


Refinancing and acquisitions heat up

Refinancing and acquisitions continue across the country as the industry continues its rise from the COVID-19 pandemic.

Tags: Hampton Inn, Home2 Suites, DG Design + Development, Hall Structured Finance (HSF), Las Vegas Convention Center

Principal Hospitality Announces The Federal as its Debut Project

Principal Hospitality has announced its debut project: The Federal in Brunswick, Maine.

Tags: Principal Hospitality, The Federal, The Daniel and Captain Daniel Stone Inn, Captain Daniel Stone, Gerard Kiladjian

Blackstone Sells California Resort Hotel for $255 Million, Among the State’s Priciest Hospitality Deals in Years

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, Henderson Park, La Quinta Resorts & Club

Boutique hotel opens in Arts District with a ‘New York feel’

In between the roar of the Strip and the buzz of Fremont Street, a soon-to-open boutique hotel hopes to offer its guests a new experience amid Las Vegas’ blooming Arts District.

Tags: The English Hotel, Z Life Co., Todd English, Steve Dennis, Marriott’s Tribute Portfolio, Becky Miller

Hospitality company agrees to buy W Nashville for $329M

Orlando-based hospitality investment firm Xenia Hotels & Resorts announced Tuesday that it had agreed to purchase the W Nashville hotel in The Gulch for $328.7 million.

Tags: Xenia Hotels & Resorts, W Nashville hotel, Marcel Verbaas, Twelfth Avenue Realty Holdings, Corner Partnership, Hospitality and Gaming Advisors, Magellan Development, Yates Construction

After COVID-19 delays, new downtown Louisville upscale hotel has grand opening

There’s a new hotel open for business downtown and had its grand opening Tuesday afternoon.

Tags: Cambria Hotel Louisville Downtown-Whiskey, Allen McKamie

GLPI completes purchase of Cordish’s Pennsylvania casino assets

Gaming and Leisure Properties has finalised the acquisition of the land and real estate assets of Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh from The Cordish Companies, for total consideration of approximately $674m.

Tags: Gaming and Leisure Properties, Live! Casino & Hotel, The Cordish Companies, Peter Carlino, Bally’s 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


Renovations begin at hotel portion of Ojibwa Casino in Baraga

All of the rooms will be remodeled and an elevator is going to be installed by the hotel’s east entrance.

Tags: Ojibwa Casino Hotel, Jim Orr


NexPoint Hospitality Trust buys select-service Florida hotel

NexPoint Hospitality Trust has purchased the Hampton Inn & Suites Bradenton (Fla.) Downtown Historic District from The Widewaters Group.

Tags: NexPoint Hospitality Trust, Hampton Inn & Suites, The Widewaters Group, Tim Osborne, Trey Scott, Hunter Hotel Advisors, Bill Holstein

Dixon hotel developer getting close to breaking ground, considering extended stay hotel as next venture

Work on a Hilton Tru in Dixon is expected to begin soon, and it could be followed by a future extended stay hotel in the Gateway Project footprint.

Tags: Hilton Tru, Al Hill, Hillcrest Development Inc., Dixon Super 8, Magan Patel, Nitin Patel, Extended Stay America

Four Seasons Hotel Minneapolis to Open to Guests in June

Four Seasons Hotels and Resorts announced on Wednesday the planned opening of the new Four Seasons Hotel Minneapolis.

Tags: Four Seasons Hotels and Resorts, Antoine Chahwan, Smallwood

Former Red Lion Hotel on the River-Jantzen Beach reopens as Holiday Inn Portland-Columbia Riverfront

After a multiyear renovation, IHG Hotels & Resorts announced Wednesday the grand opening of its Holiday Inn Portland-Columbia Riverfront.

Tags: IHG Hotels & Resorts, Holiday Inn, Red Lion Hotel, Doubletree Hotel

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


City leaders break ground on new Candlewood Suites Hotel in Fort Payne

Much need temporary living space is coming to one growing city in DeKalb County.

Tags: Candlewood Suites Hotel, Jinal Patel

Sanford Sports Complex to add second hotel

Another hotel is coming to the Sanford Sports Complex.

Tags: Comfort Inn & Suites, Stan Westland, Eric Seljeskog, AmericInn, Jim Dunham, Jim Dunham & Associates, Steve Young

Vacant Downtown Fresno Lot Set to Become Major Hotel

Downtown Fresno boosters, including Mayor Jerry Dyer, are expecting big things when a new $30 million hotel starts construction this summer.

Tags: Courtyard by Marriott, Randy Singh, Metro Hospitalities Inc., Metro Hospitality Services Inc., Downtown Fresno Partnership, Jimmy Cerracchio

Residence Inn Marriott Hotel Planned for Midlothian

Hotel developer Sina Hospitality is planning to build a Residence Inn by Marriott at 5249 Commonwealth Centre Parkway in Midlothian Virginia, directly across the street from Uptwon Alley, a bowling alley and sports bar, and just off of state Route 288.

Tags: Sina Hospitality, Residence Inn by Marriott, Ravi Patel

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


Four Seasons Hotel and Residences Fort Lauderdale

In the heart of this celebrated oceanside community, the all-new Four Seasons is a modern reflection of the classic yacht club lifestyle with unrivalled style and service.

Tags: Four Seasons Hotel and Residences, Kobi Karp, Tara Bernerd & Partners, Martin Brudnizki Design Studio, Fernando Wong Outdoor Living Design, Alexander Charif

Kissel Uptown Oakland – In the Unbound Collection by Hyatt

The 168-key property pays homage to Oakland’s automotive history and introduces distinct new dining and rooftop bar experiences.

Tags: Hyatt Hotels Corporation, Kissel Uptown Oakland, The Unbound Collection by Hyatt, Signature Development Group, Jordan Real Estate Investments, Evolution Hospitality, BAR Architects, Frederick H. Meyer, Parisa O’Connell Interior Design

Hotel Indigo – NYC Downtown – Wall Street, an IHG Hotel

Hotel Indigo NYC Downtown – Wall Street opens in New York City’s vibrant Financial District. 

Tags: Hotel Indigo, IHG Hotels & Resorts, Gene Kaufman Architect PC

Element San Jose Milpitas

Element by Westin Opens in the Heart of Silicon Valley in Milpitas, California.

Tags: Element by Westin, Marriott Bonvoy, Dynamic City Capital, Lodging Dynamics Hospitality Group

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