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Meliá Hotels Joins Baha Mar Project

Meliá Hotels Joins Baha Mar Project

NASSAU, The Bahamas—The Chairmen of Baha Mar and Meliá Hotels International signed an agreement for Meliá to operate the all-inclusive Meliá at Baha Mar, in the luxury leisure development Baha Mar. The $3.5 billion investment, comprised of 1,000 acres with ...

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Investor Group Acquires Napa Valley’s Calistoga Ranch

Investor Group Acquires Napa Valley’s Calistoga Ranch

MILL VALLEY, Calif.—Auberge Resorts, a developer and operator of boutique luxury resorts and private clubs, announced the acquisition of the 50-room Calistoga Ranch, the award-winning Napa Valley luxury resort from Olympus Real Estate. Auberge was joined in the acquisition by ...

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Cambria Suites Expands in Asheville, N.C.

Cambria Suites Expands in Asheville, N.C.

ROCKVILLE, Md.—Choice Hotels International announced it has signed an agreement with franchise partner FIRC Group to develop a new Cambria Suites in Asheville, N.C. The 141-room Cambria Suites property will be located at the intersection of Battery Park and Page ...

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Marriott Partners with FibraHotel For Growth in Mexico

Marriott Partners with FibraHotel For Growth in Mexico

MEXICO CITY—Marriott International announced plans to develop, open, and operate 20 new hotels in partnership with FibraHotel, the largest and first publicly traded Mexican Lodging REIT across key Mexican cities by 2016. The first six hotels were signed this week ...

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Sotherly Hotels Acquires Crowne Plaza Houston Downtown

Sotherly Hotels Acquires Crowne Plaza Houston Downtown

WILLIAMSBURG, Va.—Sotherly Hotels announced that the company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel for $30.65 million in cash and 32,929 units of limited partnership interests in Sotherly Hotels, plus an additional cash amount for ...

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