Tag: finance and development
Fairmont Newport Beach Sells for $125 Million
ALISO VIEJO, Calif.—Sunstone Hotel Investors has announced the sale of the 444-room Fairmont Newport Beach for a contractual gross sale price of $125.0 million,...
Pendry Hotels Opens in San Diego
ORANGE COUNTY, Calif.—Pendry Hotels has announced the grand opening of its first hotel in San Diego’s renowned downtown Gaslamp Quarter. A new luxury brand...
JMH Development Partners with Hilton for Long Island Hotel
LONG ISLAND CITY, N.Y.—New York-based developer JMH Development and Mettle Property Group have signed a franchise agreement with Hilton for the development of a...
Hilton Announces First Triple-Brand Hotel
ROSEMONT, Ill.—First Hospitality Group (FHG) and Hilton announced their partnership to bring Hilton’s first triple-brand hotel, consisting of a Hilton Garden Inn, Hampton Inn...
Hawkeye Hotels Acquires Holiday Inn Express North in Cedar Rapids
CEDAR RAPIDS—Hawkeye Hotels, one of the nation’s fastest growing privately-owned hotel groups, has acquired the Holiday Inn Express North in Cedar Rapids, Iowa, for...