hotel agreement signing
Benchmark Pyramid to Acquire Portland-Based Provenance Hotels
Benchmark Pyramid | April 18, 2022
BOSTON, THE WOODLANDS, TX and PORTLAND, OR – April 18, 2022 – Benchmark Pyramid and Provenance Hotels (Provenance) today announced the signing of a definitive agreement under which Benchmark Pyramid will acquire Portland, Oregon-based Provenance, adding 12 unique hotels to Benchmark Pyramid’s portfolio of more than 240 properties across the U.S., Europe and the Caribbean. Terms of the transaction were not disclosed. “We couldn’t be more thrilled to welcome the Provenance family into Benchmark Pyramid’s storied portfolio,” said Warren Fields, Benchmark Pyramid’s chief executive officer. “The decades of highly s...
Marriott International Signs Agreement With Baraka Lodges LTD. to Open First Luxury Safari Lodge in Africa
JW Marriott | March 22, 2022
Marriott International, Inc. today announced it has signed an agreement with Baraka Lodges LTD. to enter the safari segment in Africa. JW Marriott Masai Mara Lodge will be located within the Mara National Reserve, one of Africa’s most renowned wildlife conservation and wilderness regions. Offering discerning travellers an unparalleled setting, the elegant retreat expects to welcome guests in 2023. Overlooking the famed banks of the River Talek and on the edge of the reserve, JW Marriott Masai Mara Lodge’s prime location will offer guests a distinctively elevated camp from which to discover the Masai Mara National Reserve, its stunning ...
Hilton’s LXR Hotels & Resorts to Debut in Abu Dhabi with a Private Signature Island Golf Course Resort
LXR Hotels & Resorts | March 21, 2022
Abu Dhabi, UAE - March 21, 2022 - LXR Hotels & Resorts, Hilton’s (NYSE: HLT) collection of independent luxury properties, is pleased to announce the signing of an agreement for a breathtaking new resort surrounded by lush greenery and stunning landscapes on the private Al Nawras Island in Abu Dhabi. Expected to open in 2023, Al Nawras Island, LXR Hotels & Resorts will mark the brand’s entry into the UAE capital. Perfectly situated in one of Abu Dhabi’s most recreational yet tranquil areas and designed with elements inspired by the destination, the resort will offer an exclusive escape on a private, secluded island, while st...
Hilton Signs With Wotf Turizm Ticaret Anonim Sirketi to Open Hilton N’Djamena Toumaï Palace, Chad
Hilton Hotels & Resorts | January 26, 2022
N’Djamena, Chad - January 26, 2022 - Hilton (NYSE: HLT) today announced the signing of an agreement with Wotf Turizm Ticaret Anonim Sirketi to open Hilton N’Djamena Toumaï Palace, Chad. This latest signing for the company in a gateway African city is in the second district of N’Djamena - part of the International Business Centre and 600m from N’Djamena International Airport (NDJ). Andrew McLachlan, managing director, development, Sub-Saharan Africa at Hilton, said, “It’s a proud moment for us to be returning to Chad with a flagship Hilton property in a prime location in the country’s commercial hub. This area of...
Remington Hotels Selected to Manage Two Marriott Properties in the Heart of Washington, D.C.
REMINGTON HOTELS | December 20, 2021
DALLAS, TX – December 20, 2021 – Remington Hotels announced today that it has signed agreements to manage Courtyard Washington, DC Dupont Circle and Moxy Washington, DC Downtown, two Marriott properties located in the bustle of the District of Columbia. Remington Hotels will leverage its market resources and expertise and oversee day-to-day operations of both properties. The Courtyard Washington, DC Dupont Circle opened this month under Remington Hotels’ operation following a complete renovation. Home to a new lobby geared towards a more flexible stay, the space is designed with leisure and business in mind, featuring inviting s...
Marriott Signs With Sela Sport Company to Develop Two New Luxury Hotels in Saudi Arabia
Marriott International | December 7, 2021
Marriott International, Inc. today announced it has signed an agreement with Sela Sport Company to develop two new luxury hotels in Saudi Arabia. Slated to open in 2022, The St. Regis Riyadh will be located at the entrance of the Diplomatic Quarter, close to the city’s embassies and central business district. Also expected to open in 2022, The Jeddah EDITION will be situated on the corniche of Jeddah and close to the new Jeddah Corniche Circuit. “We are thrilled to work with Sela Sport Company to bring these exciting new projects to Riyadh and Jeddah,” said Jerome Briet, Chief Development Officer, Europe, Middle East & ...
Hilton Signs With Lighthouse Investments and ESI Ventures for Conversion of Seattle’s Hotel 1000
Hilton | July 28, 2021
SEATTLE, Wa. – July 28, 2021 – Hilton (NYSE: HLT) has signed an agreement with the new owners of Hotel 1000 in Seattle. Lighthouse Investments and ESI Ventures with equity financing from Kildare Partners acquired Hotel 1000 last month and plan to transition the property to LXR Hotels & Resorts, in August. LXR Hotels & Resorts feature a selection of unrivaled luxury properties that thrive independently, each providing a unique and locally immersive experience. The collection was developed based on demand for top-tier properties that retain their unique identity and market prominence in the luxury space, and that are backe...
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