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Cachet Hotel Group Takes Full Ownership of URBN Brand

Cachet Hotel Group Takes Full Ownership of URBN Brand

SHANGHAI—Cachet Hotel Group (CHG) announced the completion of the acquisition of URBN Hotel in Shanghai by CHG’s co-founder Robert Roche. The transaction was announced as an all cash buyout for an undisclosed sum. URBN Hotel is a gold standard for ...

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New Sheraton Zurich Hotel Opens in Switzerland

New Sheraton Zurich Hotel Opens in Switzerland

ZURICH—Starwood Hotels and Resorts Worldwide announced the opening of the new Sheraton Zurich Hotel, marking the brand’s second hotel in the financial capital of Switzerland. The property is owned by ZUFA Immobilien AG and opening under an agreement between Starwood ...

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Hyphen Construction Group Chosen for Dream Dallas Hotel

Hyphen Construction Group Chosen for Dream Dallas Hotel

DALLAS—McKinney Hotel Developers has chosen national general contracting firm Hyphen Construction Group to build the new Dream Dallas Hotel. The $45 million dollar project will create an upscale dining and entertainment venue in Dallas’s Uptown district with 128 hotel rooms, ...

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Starwood Capital Group Acquires Four Pillars Hotels

Starwood Capital Group Acquires Four Pillars Hotels

GREENWICH, Conn.—A fund affiliated with Starwood Capital Group, a global private investment firm, announced that it has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed ...

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