Hotel
Colliers to Arrange Financing for 235-Key Hilton in Boston Area
The dual-branded Hilton hotel is scheduled to break ground in mid-2016 and slated to open in January 2018.
Chinese Insurer Chases Strategic, Starwood
Angbang Insurance Group challenges Marriott’s offer for Starwood Hotels and reportedly buys Strategic Hotels from new owner Blackstone.
Paradise Group Acquires Embassy Suites by Hilton Orlando Downtown for $26 Million
In a $26 million deal arranged by HFF, HEI Hotels & Resorts sold the 167-key Embassy Suites by Hilton Orlando Downtown to Korea-based Paradise Group.
Marriott International Doubling European Presence
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide will bring the hotel giant’s European portfolio to more than 123,000 rooms.
Starwood Continues Expansion in Gateway European Cities
After opening a record 18 new hotels in Europe in 2015, Starwood is planning to further expand its footprint across the continent with the completion of more than 30 projects by 2020.
Heartbreak Hotel Gets Classy Neighbor in Memphis, Reservations Open
The Guest House, already taking reservations for October 2016-February 2017, is the most important development within the Graceland area since the major tourist attraction opened to the public in June 1982.
Historic Palace Becomes First InterContinental in Venice
The 51-key InterContinental Venice – Palazzo Nani is slated to open at the beginning of 2018 and will run under a franchise agreement.
Hilton Garden Inn Bucharest Old Town Set to Open in 2017
Romania’s first Hilton Garden Inn is expected to open in Bucharest’s Old Town by 2017.
Hilton Garden Inn Welcomes First Guests in Downtown Pittsburgh
Millcraft Investments has opened Hilton Garden Inn Pittsburgh Downtown, a 197-key hotel located within the company’s Tower Two-Sixty development in Market Square.
Hard Rock International Lands Oceanfront Resort on Dalian’s Golden Beach in China
Hard Rock International and Luneng Real Estate Group unveiled a fully branded experiential space for locals and guests at the new Hard Rock Hotel Dalian.