Home / Finance + Development (page 190)

Category Archives: Finance + Development

Feed Subscription

Hampton by Hilton Breaks Ground in Russia

Hampton by Hilton Breaks Ground in Russia

Voronezh, Russia—Hampton Hotels announced the groundbreaking of the 148-room Hampton by Hilton Voronezh. The 12-story property is owned by the OSNOVA GROUP and will be operated by OSNOVA Hotel Management. Construction, led by Volgostoitelnoye and PCG, is expected to be ...

Read More »

DoubleTree by Hilton Outlines 2013 Growth Goals

DoubleTree by Hilton Outlines 2013 Growth Goals

MCLEAN, Va.—DoubleTree by Hilton today announced that through Q4 2012, it had added 49 hotels to its portfolio in one year, and that it expects to meet or exceed that pace in 2013 with both new-build and conversion hotels in ...

Read More »

Mandarin Oriental Opens New Hotel In Guangzhou

Mandarin Oriental Opens New Hotel In Guangzhou

HONG KONG—Mandarin Oriental Hotel Group announced the opening of its first city hotel in China, Mandarin Oriental, Guangzhou. Located above TaiKoo Hui, a 358,000 square meter, mixed-use development comprising shopping, office space and a cultural center, the hotel offers 233 ...

Read More »

Sunstone Hotel Investors to Sell Four Rochester Hotels

Sunstone Hotel Investors to Sell Four Rochester Hotels

ALISO VIEJO, Calif.— Sunstone Hotel Investors Inc. announced that it has entered into agreements to sell a four-hotel, 1,222-room portfolio and commercial laundry facility (the Rochester Portfolio) in Rochester, Minnesota for a gross price of $230 million. The four hotels ...

Read More »

Scotland Hotel Returns Outperform Europe

Scotland Hotel Returns Outperform Europe

Scotland—New research from Scottish Development International and IPD reports that for property investment, Scotland has outperformed every other European country when it comes to investment returns in the leased hotel sector. Scottish leased hotel returns are ranked second out of ...

Read More »
Scroll To Top