Home / Finance + Development / Development (page 4)

Category Archives: Development

Feed Subscription

Avendra to be Acquired by Aramark

Avendra to be Acquired by Aramark

Rockville, Md.–Avendra, a North American hospitality procurement services provider, announced that its board of managers reached a binding agreement with Aramark Corporation to sell the company to Aramark for $1.35 billion. Avendra is owned by founding shareholders Marriott International, Hyatt, ...

Read More »

Live! by Loews To Open Second Location in St. Louis

Live! by Loews To Open Second Location in St. Louis

ST. LOUIS, Mo.-Loews Hotels & Co announced plans to build its first St. Louis hotel as part of a $260 million expansion of the city’s mixed-use dining and entertainment district, Ballpark Village. Adjacent to Busch Stadium, the hotel will debut ...

Read More »

Canopy by Hilton Debuts First U.S. Property in Washington, D.C.

Canopy by Hilton Debuts First U.S. Property in Washington, D.C.

WASHINGTON, D.C. and MCLEAN, Va.–The first Canopy by Hilton hotel in the Americas is opening this fall in Washinton D.C.’s new $2.5 billion mixed-use neighborhood along the Potomac River—The Wharf. Hilton, Hoffman-Madison Waterfront, and Concord Hospitality Enterprises debuted the 10-story, ...

Read More »

MCR Acquires Two Marriott Properties in Utah

MCR Acquires Two Marriott Properties in Utah

MCR announced the acquisition of two Marriott hotels located in Lehi, Utah, a suburb of Salt Lake City. Both properties, the Courtyard Lehi and SpringHill Suites Lehi, are situated at the entrance to Thanksgiving Point, Lehi’s central business and leisure hub, ...

Read More »
Scroll To Top
CLOSE
CLOSE