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FibraHotel Closes Acquisition of Fiesta Inn Oaxaca Hotel

MEXICO CITY—FibraHotel, a real estate investment trust specialized in urban business-class hotels in Mexico, announced that it closed the acquisition of Fiesta Inn Oaxaca Hotel, after having satisfied all the conditions that the transaction was subject to. The transaction was ...

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Four Seasons Takes Over Historic Hotel in St. Petersburg

Four Seasons Takes Over Historic Hotel in St. Petersburg

ST. PETERSBURG, Russia—Nearly two centuries after its debut in St. Petersburg, the “House with Lions” is reborn as Four Seasons Hotel Lion Palace St. Petersburg. The building, immortalized in Alexander Pushkin’s most famous poem, gives way to new hotel accommodations, ...

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Fibra Inn to Acquire Hotel Marriott Real Puebla

Fibra Inn to Acquire Hotel Marriott Real Puebla

MONTERREY—Fibra Inn, a Mexican real estate investment trust specializing in the hotel industry, announced that it has signed an agreement for the purchase of the Marriott Real Puebla Hotel. The agreed price for this hotel was $27.8 million, excluding taxes ...

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Chesapeake Hospitality to Manage Hilton Garden Inn Fort Myers

Chesapeake Hospitality to Manage Hilton Garden Inn Fort Myers

GREENBELT, Md.—Chesapeake Hospitality, a third-party hotel management company, announced that it has taken over management of the Hilton Garden Inn Fort Myers in Fort Myers, Fla. Kim Sims, president of Chesapeake Hospitality, made the announcement. The hotel owners are embarking ...

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Fairmont Baku Opens in Azerbaijan’s Flame Towers

Fairmont Baku Opens in Azerbaijan’s Flame Towers

Fairmont Hotels and Resorts announced the opening of Fairmont Baku, Flame Towers, the luxury brand’s first development in the emerging destination of Azerbaijan. Fairmont Baku lies within one of the three Flame Towers—a new development and the tallest building complex ...

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Wyndham Hotels and Resorts Opens Second Hotel in Turkey

ISTANBUL—Wyndham Hotel Group announced the opening of the newly constructed, 307-room Wyndham Istanbul Petek, the second upscale Wyndham Hotels and Resorts property to open in Turkey in six months. The opening of Wyndham Istanbul Petek becomes the 20th property in ...

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