Dubai: InterContinental Hotels Group (IHG), the world's most global hotel company, has reinforced its commitment to Oman as a thriving business and tourist destination by announcing the development of a third Crowne Plaza hotel, in the thriving industrial community of Sohar.
The motel-sized rooms are new, clean, furnished and each one is for sale to prospective buyers. They're not exactly hotel rooms and they're not exactly condominiums. They're contels, and they're the newest real estate trend to arrive at Hampton and Seabrook beaches.
When the 118-room Renaissance Paris Arc de Triomphe opens its doors, it will be Bethesda-based Marriott's eighth hotel in the Paris metropolitan area. On the new hotel's site is a historic banquet and ballroom. The property will also contain retail space.
Mandarin Oriental Hotel Group is to manage a deluxe hotel in Beijing, marking the latest in a string of foreign hotel operators to enter the capital's competitive hospitality market.The hotel, part of the capital's upcoming landmark China Central Television (CCTV) development in its Chaoyang district, is due to open in the middle of next year.
Ashford Hospitality Trust, Inc. today announced that it has completed the sale of seven Towne Place Suites for $57.5 million. The sale is expected to generate a net gain of $17.2 million during the second quarter of 2007 More...
A TOP York hotel has been sold for a record sum of almost £13 million. The 99-bedroom Monkbar Hotel has been bought from Leisurepoint Ltd by Shiva Hotels, a privately-owned and expanding hotel group. More..
Hilton Hotels Corporation, Apollo Real Estate Advisors and Rida Development Corporation announced today the groundbreaking of the 1400-room Hilton hotel located south of the Orange County Convention Center. More...
New owners of the first hotel built along the Paseo del Rio are bringing back a familiar name and face – El Tropicano Riverwalk Hotel. More...
Capital Estate (0193), which is involved in property development and investment and also operates the Century 21 Hong Kong real estate franchise, has announced that it will acquire an additional 22.5 percent stake in three-star Hotel Fortuna in Macau for HK$160 million.More...
LAS VEGAS-155 East Tropicana LLC, the owners of the 696-room Hooters Hotel and Casino here have signed a definitive agreement for the sale of the property and for the temporary leaseback of its casino operations.More...
In kfar nachum ( christian holy village ) 40 acre for sale in the sea of galilee north side, Great for Christians organizations, approval for 200 suites with the best view to the sea, price: 3 million $ , for more information: itimar@gmail.com
Investcorp has announced its acquisition of a group of hotels located in the United States in a series of transactions valued at $450 million. This US Hotel Portfolio comprises nine hotels from the Marriott, InterContinental, Hilton and Starwood hotel groups,More...
Exclusive Resorts today announced that it has surpassed the $1 billion mark in the value of its owned residential resort real estate, which it believes is greater than the owned portfolios of all other destination clubs combinedMore...
Six months ago, Helium Report predicted Exclusive Resorts would soon announce a $1 billion real estate portfolio (click here for our Nov 2006 analysis). Today, Exclusive Resorts officially confirmed the estimate in a press release declaring the luxury vacation club "owns more real estate than all other destination clubs combined."More...
The group signed development and operating agreements with RFR Holding LLC, and a client of ING Clarion Partners, to construct a 206-room luxury hotel in the Park Avenue corridor of Midtown Manhattan, and will operate the property under a long-term hotel management agreement. More...
Normandy Real Estate Partners has announced that it is redeveloping the historic Ames Building at One Court Street, Boston, as a four-star 125-room boutique hotel. For this project, Normandy has partnered with Richard Kilstock of The Kilstock Organization, a British real estate development corporation that has renovated many historic propertiesMOre..
KM Holding, one of the fastest growing conglomerates in the Gulf, is looking to strengthen its presence in Abu Dhabi with the opening of a sales office in the emirate, as well as eyeing potential sites for real estate development.
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Bolton Valley Resort President Bob Fries is stepping down and his partners have acquired his remaining shares in the company, the resort has announced.
Larry Williams and Doug Nedde, owners of Burlington development company Redstone Commercial Group, bought out the one-third share.More..
Flora Group Hotels, a division of Pearl Investments that operates in the fields of hospitality, real estate, engineering and technical services and general trading, has unveiled its sixth property in Dubai and an ambitious three-year expansion plan at Arabian Travel Market. The hotel group caters for discerning travelers with a unique no-alcohol, family-oriented ‘home-away-from-home’ concept in the heart of Dubai.
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Following the success of the Lobby Tower at Trump Ocean Resort, Trump Organization CEO Donald J. Trump and Irongate principals Jason Grosfeld and Adam Fisher have announced their next real estate release: Spa Tower at Trump Ocean Resort. North Baja’s first luxury hotel-condominium resort will bring an unprecedented level of design excellence and service to the North Baja peninsula. Read More..
Mumbai's skyline could soon rival Manhattan's. Coming up, in Marine Lines, is south Mumbai's first large five-star hotel in the past 30 years. The Hyatt hotel is being designed by international hotshot architectsRead More...
Green amenities include high-tech occupancy sensors, certified organic products, a first-floor roof garden, and a bar/cafe with exclusively organic fair.Read More..
Molinaro Koger, announced today that the firm marketed and structured the sale of the Sheraton Hotel Oklahoma City to American Property Management Corporation (APMC) on behalf of an affiliate of Blackstone Real Estate Acquisitions V LLC. Following the sale, the 395-room upscale hotel will retain the Sheraton brand and undergo a $3.8 million renovation to public spaces. Read More..
