LONDON—Supercity Aparthotels London has added a third property to their portfolio—The Rosebery in Clerkenwell London. The company has recently restored a red brick Victorian building in London’s original Little Italy, and the inside now offers 58 suites that are ready for guests. The Rosebery consists of twenty nine studio suites, twenty six one-bedroom suites and three two-bedroom suites. All Rosebery suites include fully fitted kitchens, full bathrooms, iPod docks, and air conditioning. Supercity guests can
LONDON—As Marriott International continues its expansion throughout Europe, the company has announced plans to open its first hotel in Ulyanovsk, Russia—the 135-room Courtyard by Marriott Ulyanovsk. The hotel, which will be built to the new Courtyard by Marriott brand European prototype, will operate under a management agreement with LLC New City and is expected to open in 2015. “The signing of the Courtyard Ulyanovsk is an exciting development as we continue to grow our footprint
Chartres Lodging Acquires the Radisson Plaza Hotel Minneapolis
Category: Acquisitions, Finance & Development, Real Estate
CHICAGO—Chartres Lodging Group today announced the acquisition of and upcoming conversion of the Radisson Plaza Hotel Minneapolis to a Radisson Blu property, part of the Radisson hotel group’s upper-upscale brand portfolio. With renovations to begin this year, the property is set to be completed and rebranded in 2014. The Radisson Plaza currently boasts 360 guestrooms, occupying 17 floors of the 36-story Plaza Seven building. The hotel includes a restaurant and bar, as well as 22,000
This year, Homewood Suites is launching an initiative called “Take Flight”—a program designed to retrofit existing outdated properties and bring them up to modern-day standards. The rollout is meant to be an affordable way for owners of older assets to keep their offerings fresh and current. Take Flight focuses on the functionality and ambience of shared spaces and in-suite enhancements to increase productivity and comfort for the way guests live and work today. The retrofit
DALLAS—LIG Assets, a company focused on residential and commercial real estate, announced it has closed its first real estate transaction with OM SHRI JJB, LLC to construct a new hotel. The current tract of land is on Gentry Pkwy in Tyler, Texas. LIG Assets had entered into an agreement to acquire properties in Texas for use as hotels. The properties may be existing structures that would be refurbished, or built to suit the client and