Ann Arbor Approves 115-Room Hilton-Branded Hotel Near Briarwood Mall
September 18, 2020
ANN ARBOR, MI -- A Hilton-branded hotel is expected to be build south of downtown Ann Arbor. City council approved the development on Tuesday, Sept. 8 for a four-story, 71,662-square-foot Home2 Hotel, which is part of the Hilton brand. The hotel at 361 West Eisenhower Parkway is expected to hold 115 rooms, 115 parking spaces and four bicycles spaces, according to the developer’s plan. 115-room hotel proposed on Ann Arbor’s south side 2 hotels approved for former Michigan Inn site in Ann Arbor The plans involve demolishing a one-story office building on the existing 2.6-acre site for the hotel that would include a lot that can ...
Amid Closures, Industry Downturn, Bristol DoubleTree Owner Breaks Ground on New Hotel, Events Center
September 18, 2020
Despite the severe nationwide downturn in the hotel and events industries, the owner of the DoubleTree in Bristol is building. Dr. Gerald Reznick is adding a 90-room Home2Suite extended-stay hotel next to his DoubleTree, which is near Lake Compounce and just down Route 229 from ESPN. The $23 million project includes a 50,000-square-foot convention and event center as well. Reznick and Prestige Hospitality, which manages the DoubleTree and will also run the new hotel, acknowledged how badly the coronavirus has damaged the hotel and events industries. But they expect business travel, conferences, weddings and other parts of the econ...
The Hospitality Market Is Dicey. Still, a New Miami Beach hotel Is in the Pipeline.
September 18, 2020
A real estate investor is moving forward with a $22 million hotel development in Miami Beach during a time when few are investing in the hospitality market. José Fernandez, president of Miami-based Fernandez Properties, is proposing to build a 64-room hotel at 1030 Sixth St., according to a plan submitted to the City of Miami Beach Historic Preservation Board. The site consists of three two-story rental buildings designed by famed architect Henry Hohauser. Development plans include gutting and adding 14 hotel rooms and a restaurant to the two corner buildings. A seven-story hotel with 50 rooms and a rooftop pool would rise in the place of...
IHG’s voco™ Brand Arrives in the Americas With First Locations Planned for New York City, Florida and Missouri
IHG | September 16, 2020
IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, today announced that its highly anticipated upscale voco™ brand has arrived in the Americas with first locations planned for New York City; St. Augustine, Florida; and Columbia, Missouri. Initially launched outside of the Americas in 2018 with the first hotel in Australia, the voco brand combines the informality and charm of an independent hotel with the quality and reassurance of a global and respected brand. With a focus on conversion opportunities, voco Hotels allows guests to enjoy an upscale experience with the freshness of a one-of-a-kind hotel under...
Accor Bringing Fairmont Brand to Australia With 2023 Opening in Queensland
Accor | September 10, 2020
Australia, 10 September 2020 – Accor will bring the luxury Fairmont brand to Australia for the first time, with the announcement that the Fairmont Port Douglas is set to open in Far North Queensland in 2023. Set on the edge of two UNESCO World Heritage sites – the Great Barrier Reef and the Daintree Rainforest - the hotel has been sustainably designed to give back to the environment. “We are excited to bring the extraordinary Fairmont brand to Australia and are confident that Fairmont Port Douglas will deliver a new level of luxury and sophistication to one of the country’s most glamourous resort towns,” said Simon McGrath, Ch...
Radisson Hotel Group Signs Master Franchise Agreement With Atlantica Hotels in Brazil
Radisson Hotel Group | September 9, 2020
Minneapolis MN - September 9, 2020 - Radisson Hotel Group is proud to announce it has signed a Master Franchise Agreement with Atlantica Hotels in Brazil. The two companies have held a longstanding relationship for nearly 20 years. Atlantica Hotels was previously a licensee for Radisson Hotel Group’s brands in Brazil, including Radisson Blu, Radisson RED, Radisson and Park Inn by Radisson. The Master Franchise Agreement will cover all seven of Radisson Hotel Group’s brands. The signing of this agreement will extend this relationship for another 20 years while growing Radisson Hotel Group’s presence throughout the country. “After 20 ...
Paramount Lodging Advisors (PLA) Leads the Successful Sale of the Houston Area Candlewood Suites
Paramount Lodging Advisors | September 9, 2020
Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Candlewood Suites in Kingwood, TX. PLA was exclusively engaged to represent the seller in the transaction of the 73-room property. The marketing efforts were led by Managing Director Kami Burnette and Associate Mason McDavid. The 77-room property is in the heart of Kingwood and is ideally located near the Kingwood Medical District. Future plans include converting the property to an Extended Stay America branded hotel. “This is an unprecedented environment with numerous headwinds including COVID-related travel restrictions and frozen capital markets. We are excit...
Shiji Group and MCR Announce Agreement on the $46 Million Purchase of StayNTouch
Shiji Group | August 31, 2020
Shiji Group announces it's definitive agreement to sell StayNTouch for $46 Million to MCR, the fifth-largest hotel owner-operator in the United States. Shiji Group, a global hospitality technology provider, today announces it has reached a definitive agreement to sell StayNTouch to MCR, the fifth-largest hotel owner-operator in the United States, for the purchase price of $46 Million, including potential earnouts. The much anticipated announcement follows months of negotiations between the two parties after the U.S Administration, in March of 2020, ordered Shiji to divest of StayNTouch, a leading cloud hotel property management system ...
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