Hotel
Moody Closes National REITs Merger
Worth more than $450 million, the combined portfolio now includes 14 hotel properties with premier brands, most of which are located in Texas.
CIP Secures Oregon Boutique Hotel Sale
Joseph Kennedy of CIP secured the sale on behalf of the seller and the buyer. The pet-friendly hotel is in close proximity to the downtown historic district of Silverton, Ore.
Park Hyatt Brand to Debut in Mexico
Two new luxury hotels in Los Cabos and Mexico City are scheduled to open in late 2020 and early 2021, respectively. Both will feature guestrooms and residences.
Waldorf Astoria Dives into the Maldives
Scheduled for completion in early 2019, the five-star hotel will mark the first ground-up development for Hilton’s Waldorf Astoria brand and the second in the Maldives for Hilton overall. The property will feature an approximately 22,000-square-foot spa.
Hilton Grows DC Presence With Iconic Building
Loews Madison Hotel, built in 1963, became The Madison Washington DC, a Hilton Hotel. The 365-key building is located among Washington’s most popular attractions.
On the Market: 5 Interesting Listings for September
This month’s listings include a historic restaurant built in the 1950s in Utah and a three-unit multifamily project in North Hollywood, Calif.
Four Seasons Seychelles to Welcome Guests in 2018
The 108-key hotel offers studios, villas and bungalows, all situated on its own island. The resort is a 35-minute flight from Mahe, the main island of Seychelles.
Skanska Invests $90M in Denmark Hotel Project
The 357-key hotel will comprise around 275,000 square feet of space. Construction is scheduled to begin in January 2018 and completed by September 2020.
IHG Opens Highest Hotel in Vietnam
The 359-key InterContinental Hanoi Landmark72 is situated atop the Keangnam Landmark72, comprising the 62nd to 71st floors. The hotel is within close proximity to some of Hanoi’s major landmarks and attractions.
Hilton Opens New Hotel in Cincinnati
Home2 Suites Florence Cincinnati Airport South features 109 keys. Eliot Cohen and Stuart Cohen own the building, and Vista Host manages it.