Home / Finance + Development / Development (page 38)

Category Archives: Development

Feed Subscription

AccorHotels Purchases Three Hotel Asset Portfolios

AccorHotels Purchases Three Hotel Asset Portfolios

Under HotelInvest, AccorHotels has announced the purchase of three hotel asset portfolios in Europe representing 29 hotels (3,677 rooms), for a total of approx $300 million. “Following the recent acquisition of 43 hotels from Foncière des Régions, these transactions once ...

Read More »

St. Regis Hotels Debuts in Dubai

St. Regis Hotels Debuts in Dubai

DUBAI, United Arab Emirates—St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts, Inc., today announced the debut of the St. Regis brand in Dubai with the opening of The St. Regis Dubai. Owned by Al Habtoor Group, the ...

Read More »

Canopy by Hilton Coming to Baltimore

Canopy by Hilton Coming to Baltimore

BALTIMORE—Canopy by Hilton and Beatty Development Group announced today plans to develop Canopy Baltimore|Harbor Point. Canopy by Hilton, which launched a year ago, targets vibrant, culturally rich neighborhoods in select cities across the nation. Canopy Baltimore|Harbor Point will feature a ...

Read More »

Fairmont San Francisco Interests Sell for $450 million

Fairmont San Francisco Interests Sell for $450 million

SAN FRANCISCO—The companies that own world renowned Fairmont San Francisco Hotel atop Nob Hill were sold for $450 million by a partnership between funds managed by Oaktree Capital Management, L.P and real estate investor Michael Rosenfeld’sWoodridge Capital Partners LLC. Kingdom ...

Read More »

Carey Watermark Acquires Le Meridien Dallas

Carey Watermark Acquires Le Meridien Dallas

NEW YORK—Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired Le Meridien Dallas, The Stoneleigh. The historic hotel includes 176 guestrooms and is located in the chic Uptown Dallas district Originally built in 1923, Le Meridien Dallas, The ...

Read More »
Scroll To Top