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Hersha Hospitality Trust Expands Boutique Hotel Portfolio
Hersha Hospitality Trust (AMEX: HT), owner of nationally franchised premium full service and limited service hotels, today announced that is has acquired the 45-room boutique Duane Street Hotel in the Tribeca area of New York City for $24.75 million. The independent luxury hotel, purchased from Hersha Development Corp., includes a lobby level restaurant.
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New Mövenpick Hotels & Resorts Project in the Turkish Capital Ankara
As part of its strategy of portfolio expansion in Turkey, Mövenpick Hotels & Resorts has just signed a management agreement with the Varan Group for a 5-star business hotel in Ankara. The Mövenpick Hotel Ankara, which is to comprise of 150 rooms and suites, is scheduled to open in 2010.
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Hotel Marina El Cid Spa & Beach Resort Opens Phase Two Features New Suites, Convention Center, Spa
Hotel Marina El Cid Spa & Beach Resort announced today the completion of a $50-million expansion, with the opening of 150 new luxury suites, gourmet restaurant, 13,000-square-foot Maya-inspired spa, beachfront bar and state-of-the-art convention center.
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Mövenpick Hotels & Resorts Returns to Sharm El Sheikh
The Swiss hotel company has just signed a management agreement with the owning company Integrated Development and Tourism Investment (IDTI) for two upscale hotel projects in Sharm El Sheikh, Egypt. Both holiday resorts are already under construction and are scheduled to open by 2008 and 2009.
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Wyndham Vacation Ownership Acquires Property at The Grand Elk Ranch and Club in Colorado
Company to Build its Fifth Vacation Ownership Resort in the State
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Playa Hotels & Resorts Announces the Acquisition of Five AMResorts' Properties
Secrets Capri, Dreams Cancun, Dreams Puerto Vallarta, Sunscape Puerto Aventuras and Dreams Punta Cana
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Shangri-La Hotels and Resorts To Open Two Shanghai Hotels In 2011
Shangri-La Hotels and Resorts, Asia Pacific's leading luxury hotel group, will open two luxury hotels in Puxi, Shanghai in 2011. The hotels will be the focal points of the new Jing An Kerry Centre, Shanghai on famous Nanjing Road - a new business, retail, entertainment, dining and conference complex designed to become a city landmark in the heart of the prestigious Jing An District.
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Affinia Chicago To Launch in April 2008
Affinia Hotels Brings A Number Of Firsts To Chicago With The Launch Of Affinia Chicago In April 2008
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Supertel Hospitality, Inc. Purchases 10 Hotels
Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT) which owns 125 hotels in the limited-service, economy and economy extended-stay sectors, today announced that it completed the previously announced agreement to purchase seven hotels in Kentucky from Musselman Hotels II, LLC, and in other transactions acquired two additional hotels in South Dakota and one hotel in Wisconsin.
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Distinguished Management LLC Takes Over Le Grand Lodge Mont-Tremblant
Distinguished Management LLC (DM), the management arm of Distinguished Hotels & Residences International (DHRI), is pleased to announce that it has been appointed to manage the existing Le Grand Lodge Mont-Tremblant, Québec, Canada.
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Hilton Hotels & Resorts Ends 2007 with a Bang: More Than 50 Renovations, 18 New Builds and Eight Conversions Propel Brand to the Forefront in 2008
Hilton Partners with Designer Paul Bevis on Turn-Key Concepts for 2008 Renovations
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