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The Pearl Opens in Rosemary Beach, Fla.

The Pearl Opens in Rosemary Beach, Fla.

ROSEMARY BEACH, Fla.—The Pearl opened its doors this week in Rosemary Beach, Fla., bringing a new luxury property to Florida’s Emerald Coast. The Pearl, a 55-room boutique property, offers guestrooms stocked with complimentary Nordaq FRESH water and fresh juices, in-room ...

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Best Western Opens First Hotel in Makkah, Saudi Arabia

Best Western Opens First Hotel in Makkah, Saudi Arabia

PHOENIX—Best Western International has announced the opening of its first property in the Saudi Arabian Holy City of Makkah (also known as Mecca). “Tourism in Saudi Arabia is booming. Religious and pilgrimage travel is one of the fastest-growing sectors of ...

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Margaritaville Resort Heading to Hollywood, Fla.

Margaritaville Resort Heading to Hollywood, Fla.

MIAMI—A joint venture between Coastal Construction and Tishman Construction, an AECOM company, has been selected to manage the construction of the Margaritaville Hollywood Beach Resort, a new hotel and entertainment complex in Hollywood, Fla. “We have been working with Tishman ...

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Marcus and Millichap Closes 11 Hotel Transactions in July

Marcus and Millichap Closes 11 Hotel Transactions in July

CHICAGO—Marcus and Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, closed 11 hotel transactions in the month of July totaling more than $59 million. This represented a 29 percent increase in transaction volume and a ...

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