Marriott International
JW Marriott Opens 160-Key Hotel on China’s Holiday Island
The new JW Marriott Sanya Haitang Bay is part of Marriott International’s ambitious Asia-Pacific expansion program.
Marriott Adds Manhattan Landmark as It Refreshes W Brand
The purchase comes a year after Westbrook Partners paid Host Hotels & Resorts $171 million for the property.
Coworking Checks Into Hotels
Multiple hospitality brands are exploring how shared work spaces might strengthen community ties and bring in additional revenue. Why not? Many lobbies are already de facto offices.
Blackstone Sells Downtown Philadelphia Hotel
A new owner has emerged for the 757-key property, which will regain the Sheraton brand following a $28 million renovation as part of a new franchise agreement with Marriott International.
Fairfield by Marriott Coming to Japan
A subsidiary of Pacifica Capital K.K. has partnered with Marriott International to open a 300-key hotel in Osaka. The 14-story property is scheduled for completion in 2020.
Teaming Up for Growth at Stamford’s Harbor Point
BLT took 80 acres of industrial sites in the city’s South End and built a thriving waterfront community that is often cited as a successful public-private partnership of large proportions.
Ares Sells $270M Stake in Denver-Area Hotel Project
Joint venture partners Ryman Hospitality Properties and RIDA Development acquired the alternative asset manager’s interest in the $824 million Gaylord Rockies Resort & Convention Center development.
Ground Breaks on $500M Ritz-Carlton in NYC
Marriott International and Flag Luxury Group have teamed up to develop the 250-key property in Manhattan’s increasingly popular NoMad neighborhood, adding guest accommodations and branded residences to the market.
AccorHotels to Buy Mövenpick Hotels for $560M
The acquisition will enhance the Paris-based global hospitality company’s presence in Europe, as well as its footprint in emerging markets of the Middle East, Africa and Asia-Pacific.
Moxy to Debut 2 NYC Hotels in 2018
The new locations, Moxy Downtown and Moxy Chelsea, will join Moxy Times Square, the first hotel that launched in September 2017.