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Hyatt Acquires Miraval Group

Hyatt Acquires Miraval Group

CHICAGO—Hyatt Hotels Corporation has announced that Hyatt has acquired Miraval Group, a provider of wellness and mindfulness experiences, from an affiliate of KSL Capital Partners. For over 20 years, Miraval’s flagship property in Tucson, Ariz. has been considered one of ...

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Louvre Hotels Group Buys Majority Stake in Sarovar

Louvre Hotels Group Buys Majority Stake in Sarovar

Louvre Hotels Group has acquired a majority stake in Sarovar Hotels, an independent Indian hotel chain. This marks the European hotel group’s first investment of size in the Indian subcontinent. Sarovar Hotels consists of 75 hotels in the premium, mid-range, ...

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Texas Mixed-Use Project to Include 700-Room Hotel

Texas Mixed-Use Project to Include 700-Room Hotel

ROWLETT, Texas—Lifescapes International, a Newport Beach-based landscape architectural firm, has been selected to design the overall landscape environment for Bayside, a $1 billion master-planned development encompassing 262 acres that is planned to feature a variety of retail, restaurants, residential units, ...

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Home2 Suites by Hilton Baton Rouge Opens

Home2 Suites by Hilton Baton Rouge Opens

BATON ROUGE, La. and MCLEAN, Va.—Home2 Suites by Hilton, part of Hilton’s industry-first All Suites portfolio, announced its newest property, Home2 Suites by Hilton Baton Rouge. Offering 94 suites, the hotel is designed for travelers looking for a fresh, new ...

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Provenance Hotels to Open Dossier Hotel in Summer 2017

Provenance Hotels to Open Dossier Hotel in Summer 2017

PORTLAND, Ore.—Provenance Hotels will open Dossier, a new upscale hotel, in the heart of downtown Portland in summer 2017. The 205-room hotel located at SW Park Avenue and SW Alder Street will be reminiscent of a private club, providing bespoke ...

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Hotel Industry Likely to See Belt Tightening in 2017

Hotel Industry Likely to See Belt Tightening in 2017

Scott Silver, CEO of boutique financial advisory firm Hospitality Funding, says that while the lodging industry is currently enjoying high overall performance, tapering RevPAR growth has made lenders a little less eager to take on new projects. In preparation for ...

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