Today's Hotel Development News Today's Hotel Development News from Hotel News Resource en-us Hotel News Resource HVMG Acquires Two Winston-Salem Hotels Adjecent to Benton Convention Center Hospitality Ventures Management Group (HVMG) today announced it has acquired two downtown Winston-Salem, North Carolina hotels, both adjacent to the Benton Convention Center which is currently under an $18 million renovation: the 315-room Marriott and the 146-room Embassy Suites. Thu, 28 Jul 2016 11:00:48 EST Omni Frisco Hotel Tops Out Nine Months After Groundbreaking Set to open in summer 2017, the Omni Frisco Hotel will serve as a cornerstone of The Star development, which is anchored by the Dallas Cowboys World Headquarters and the Ford Center. Thu, 28 Jul 2016 08:13:15 EST IHG To Open Kimpton Hotel in Paris Situated in one of the city's most sought-after districts, near the famous Paris Opéra, the luxury hotel is set to open its doors in 2020. Wed, 27 Jul 2016 12:16:08 EST Saudis Launch $1.3bn Bid for London and New York Hotels - The Telegraph A consortium of Middle Eastern and UK family offices has launched a $1.3bn bid to buy hotels owned by jailed Indian businessman Subrata Roy, including the Grosvenor House Hotel on London’s Park Lane. Wed, 27 Jul 2016 12:03:02 EST Hampton Inn by Hilton Breaks Ground in Bulverde, Texas Charles Leddy, CEO of Presidian Hotels & Resorts held an official groundbreaking ceremony on July 26, 2016 for a new Hampton Inn by Hilton hotel and Bulverde Visitors & Convention Center in the Singing Hills development in Bulverde, Texas. Wed, 27 Jul 2016 11:33:25 EST Hyatt Centric Hotel to Open 2019 in Carlisle Bay, Barbados Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Vision Developments Inc. for a Hyatt Centric hotel in Carlisle Bay, Barbados. Hyatt Centric Carlisle Bay, Barbados is expected to open in 2019, and will mark the first Hyatt-branded hotel on the island of Barbados. Wed, 27 Jul 2016 11:17:45 EST Courtyard by Marriott Atlanta Airport West Hotel To Be Managed by HVMG Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel management company, today announced that it was awarded management of the 124-room Courtyard by Marriott Atlanta Airport West. Tue, 26 Jul 2016 10:54:15 EST Aloft Melbourne South Yarra Hotel Announced for 2019 Slated to open in early 2019, the new build 176-room hotel will form the centrepiece of a state-of-the-art mixed-use development located at 402 Chapel Street in South Yarra, known as '402 Chapel,' designed by international architect Tim Kobe from the strategic design firm, Eight Inc. Tue, 26 Jul 2016 10:35:44 EST San Diego Marriott La Jolla Hotel Sold to Carey Watermark Investors Carey Watermark Investors 2 Incorporated (CWI 2) announced that it has acquired San Diego Marriott La Jolla. The hotel includes 372 guestrooms and is located in La Jolla, one of San Diego's strongest and most affluent submarkets. Mon, 25 Jul 2016 17:52:16 EST MEININGER Hotel Leipzig Announced for 2017 MEININGER Hotels will open a hotel in close proximity to Leipzig's main station at the beginning of 2017. The former ibis Hotel from the Accor Group will be converted in accordance with MEININGER standards and will ultimately have 404 beds available in 126 rooms. Mon, 25 Jul 2016 13:34:06 EST Inn at the Shore, Seaside, Oregon Sold by Crystal Investment Property, LLC Joseph P. Kennedy, president of Crystal Investment Property, represented the Seller in the sale of the Inn at the Shore located at 2275 S. Prom in Seaside, Oregon. The 18-room, beachfront Inn sold for $3,100,000. Mon, 25 Jul 2016 10:18:23 EST Sheraton Park Lane Hotel Receives Sheraton Grand Designation Joining 32 other Sheraton Grand properties worldwide, the Sheraton Grand London Park Lane will start a new chapter in the hotel’s 90-year history this October, following a multi-million pound top-to-bottom renovation. Mon, 25 Jul 2016 09:47:38 EST Hilton Garden Inn Brand Expanding to Lithuania and Latvia Hilton Worldwide will be welcoming guests in each of the Baltic nations by 2018 following plans unveiled today to bring its midscale Hilton Garden Inn brand to Lithuania and Latvia. The announcement, made at a press conference in Vilnius attended by the mayor of the city, follows last month's opening of Hilton Tallinn Park, Estonia, the company's first hotel in the Baltic region. Thu, 21 Jul 2016 14:58:40 EST Oakwood Worldwide Announces Multi-Region Expansion The most significant growth will take place within the Asia Pacific region, in which Oakwood Asia Pacific will grow its portfolio by more than 40 percent through 2017. The growth includes the just opened Oakwood Hotel & Apartments Brisbane, the company's first branded property in Australia, and expansion of branded properties into Singapore, Malaysia and Vietnam; while simultaneously solidifying its presence in existing key markets, such as China and Japan. Wed, 20 Jul 2016 18:44:16 EST Paris Hilton to Launch Luxury Hotel Chain in Dubai, New York and Las Vegas - Forbes Don’t let this young woman with the designer couture dresses and light-hearted, socialite personality fool you. At the age of 35, Paris Hilton is continuing to build on a huge empire, and will soon launch a new line of luxury hotels bearing her name in Dubai, New York and Las Vegas. Wed, 20 Jul 2016 11:22:26 EST Selling Iconic Plaza Hotel Isn’t Going to Be Easy - New York Post Intrigue runs high and low at the iconic Plaza Hotel, which India’s embattled Sahara Group appears on the verge of selling to a Qatari sovereign wealth fund for around $550 million. But 'appears' is key, because nothing about the Plaza is easy. Tue, 19 Jul 2016 17:08:56 EST Sonnenblick-Eichner Company Arranges $25.25 Million Financing for the Acquisition of Old No. 77 Hotel & Chandlery in New Orleans, LA Sonnenblick-Eichner Company has arranged $25.25 million of first mortgage debt to finance Provenance Hotel Partners’ ('PHP') acquisition of Old No. 77 Hotel & Chandlery, a historic 167-room, full-service boutique hotel in New Orleans. Tue, 19 Jul 2016 14:04:03 EST Davidson Hotels to Manage Atlanta Marriott Perimeter Center Davidson Hotels & Resorts announced the addition of the 341-room Atlanta Marriott Perimeter Center to itsportfolio. Integrated Capital LLC, a private real estate advisory and investment firm, which has acquired or developed assets with a total capitalization of more than $500 million since its founding in 2004, is the new owner. Tue, 19 Jul 2016 11:16:51 EST W Edinburgh Hotel Announced for 2021 Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will debut the ionic W Hotels brand in Scotland with W Edinburgh. Opening in 2021 the hotel will be part of TH Real Estate’s Edinburgh St James scheme, which is set to complete in 2020. Tue, 19 Jul 2016 08:50:42 EST The Most Important Japanese Hotel Chain You’ve Never Heard Of - Gear Patrol In a little over a week, Hoshino Resorts will officially open the doors and shake out the tatami mats at Hoshinoya Tokyo, their first resort in the Japanese capital, a stone’s throw from the lush green of Chiyoda and the Imperial Palace. It’s the latest move by Yoshiharu Hoshino, the ambitious fourth-generation CEO of the company - two years ago he took the 116-year-old company public - to expand the business and, in the process, carry the traditions of Japan into the 21st century. Mon, 18 Jul 2016 12:19:00 EST