Today's Hotel Development News http://www.hotelnewsresource.com Today's Hotel Development News from Hotel News Resource en-us Hotel News Resource http://www.nevistas.com/nev_logo.gif http://www.hotelnewsresource.com support@nevistas.com Arjaan Hotel Apartments by Rotana to Open 2018 in Marrakech http://www.hotelnewsresource.com/article89504Arjaan_Hotel_Apartments_by_Rotana_to_Open______in_Marrakech.html http://www.hotelnewsresource.com/article89504Arjaan_Hotel_Apartments_by_Rotana_to_Open______in_Marrakech.html The 140-key property will be located at M Avenue, the new high-end shopping, entertainment and residential destination in Marrakech. Tue, 31 May 2016 10:40:59 EST Condor Hospitality Trust Sells Four Hotels http://www.hotelnewsresource.com/article89496Condor_Hospitality_Trust_Sells_Four_Hotels.html http://www.hotelnewsresource.com/article89496Condor_Hospitality_Trust_Sells_Four_Hotels.html Condor Hospitality Trust, Inc. (NASDAQ: CDOR) today announced the closings on the sale of an additional 4 legacy hotels Tue, 31 May 2016 08:19:38 EST Bulgari Hotel In Moscow Announced for 2019 http://www.hotelnewsresource.com/article89482Bulgari_Hotel_In_Moscow_Announced_for_____.html http://www.hotelnewsresource.com/article89482Bulgari_Hotel_In_Moscow_Announced_for_____.html Bulgari Hotels and Resorts signed an agreement today with Russian investor Alexey Bogachev to bring the luxury hospitality brand to Moscow. Moscow-based real estate development company Storm Properties is developer of the project. Plans for the Bulgari Hotel in Moscow have been announced, and it is expected to open in 2019. Fri, 27 May 2016 10:56:13 EST Iberostar Hotels to Open Hotels in New York City and Miami http://www.hotelnewsresource.com/article89467Iberostar_Hotels_to_Open_Hotels_in_New_York_City_and_Miami.html http://www.hotelnewsresource.com/article89467Iberostar_Hotels_to_Open_Hotels_in_New_York_City_and_Miami.html Iberostar Hotels & Resorts will make its debut in the United States with the opening of two new hotels in New York City and Miami as part of the company's commitment to expanding its reach to the U.S. market. Thu, 26 May 2016 12:33:35 EST Westgate Resorts Acquires Wakulla Suites in Cocoa Beach, Fla http://www.hotelnewsresource.com/article89465Westgate_Resorts_Acquires_Wakulla_Suites_in_Cocoa_Beach__Fla.html http://www.hotelnewsresource.com/article89465Westgate_Resorts_Acquires_Wakulla_Suites_in_Cocoa_Beach__Fla.html The 120-room resort will soon undergo significant renovations and operate as a boutique-style beachside hotel and vacation ownership resort. The property will remain open throughout the renovation. Thu, 26 May 2016 12:06:42 EST Carlson Rezidor Hotel Group Signs Radisson Blu in Mexico, Continues Latin American Expansion http://www.hotelnewsresource.com/article89439Carlson_Rezidor_Hotel_Group_Signs_Radisson_Blu_in_Mexico__Continues_Latin_American_Expansion.html http://www.hotelnewsresource.com/article89439Carlson_Rezidor_Hotel_Group_Signs_Radisson_Blu_in_Mexico__Continues_Latin_American_Expansion.html Carlson Rezidor Hotel Group has announced the signing of an agreement with real estate and investment firm Sun-Star Group, led by real estate developer Omar O’Rourke Martinez and his partner Thomas Wahl for the development and operation of Radisson Blu Hotel & Resort Ajijic at Lake Chapala, Ajijic, Mexico. Wed, 25 May 2016 11:20:27 EST Le Méridien Versailles in Montréal Completes Comprehensive Renovation http://www.hotelnewsresource.com/article89437Le_M______ridien_Versailles_in_Montr______al_Completes_Comprehensive_Renovation.html http://www.hotelnewsresource.com/article89437Le_M______ridien_Versailles_in_Montr______al_Completes_Comprehensive_Renovation.html Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that Le Méridien Versailles in Montréal has completed a comprehensive renovation of the intimate 108-guestroom hotel, including two penthouse suites; the debut of the signature Le Méridien Hub™, an innovative reinterpretation of the traditional hotel lobby into a social gathering place; and the unveiling of all new meeting and public spaces within the hotel. Wed, 25 May 2016 11:01:09 EST First Hyatt House Hotel in Germany to Open 2017 in Düsseldorf http://www.hotelnewsresource.com/article89436First_Hyatt_House_Hotel_in_Germany_to_Open______in_D______sseldorf.html http://www.hotelnewsresource.com/article89436First_Hyatt_House_Hotel_in_Germany_to_Open______in_D______sseldorf.html Hyatt today announced that a Hyatt affiliate has entered into a franchise agreement with InTown Hospitality GmbH for a Hyatt House hotel in Düsseldorf, Germany, which is expected to open January 2017. Wed, 25 May 2016 10:54:20 EST Planet Hollywood Launches Condo-Hotel Brand http://www.hotelnewsresource.com/article89420Planet_Hollywood_Launches_Condo_Hotel_Brand.html http://www.hotelnewsresource.com/article89420Planet_Hollywood_Launches_Condo_Hotel_Brand.html Planet Hollywood International is expanding its lodging division with its first-to-market luxury brand - ph Premiere™. The brand will debut with a flagship property ph Premiere™ Resort-Residences Orlando, located just minutes from Orlando, Florida's famed theme parks and attractions. Tue, 24 May 2016 10:57:11 EST Colliers International Hotels Q1 2016 INNvestment Canada (PDF Download) http://www.hotelnewsresource.com/article89419Colliers_International_Hotels_Q_______INNvestment_Canada__PDF_Download_.html http://www.hotelnewsresource.com/article89419Colliers_International_Hotels_Q_______INNvestment_Canada__PDF_Download_.html The Canadian hotel real estate market continued its positive momentum through the first quarter of 2016 with aggregate transaction volume of approximately $331 million. Download the Q.1 transaction report which also includes a Canadian Tourism Snapshot from Destination Canada. Tue, 24 May 2016 10:49:32 EST Six Senses Fiji Resort Slated to Open Late 2017 http://www.hotelnewsresource.com/article89418Six_Senses_Fiji_Resort_Slated_to_Open_Late_____.html http://www.hotelnewsresource.com/article89418Six_Senses_Fiji_Resort_Slated_to_Open_Late_____.html Six Senses Fiji will feature 24 spacious pool villas ranging in size from 800 square feet to 1,950 square feet and 66 residential villas situated on the west side of the island. The resort is located along a private sandy beach that stretches 2,100 feet. Tue, 24 May 2016 10:42:40 EST Construction Underway for the New Marriott Capitol District Hotel in Omaha, Neb. http://www.hotelnewsresource.com/article89410Construction_Underway_for_the_New_Marriott_Capitol_District_Hotel_in_Omaha__Neb_.html http://www.hotelnewsresource.com/article89410Construction_Underway_for_the_New_Marriott_Capitol_District_Hotel_in_Omaha__Neb_.html Located at Capitol Avenue and 10th Street, the 333-room, 12-story full-service hotel will serve as an anchor for the Capitol District, an upscale urban destination dining and entertainment community located in the center of downtown Omaha. Tue, 24 May 2016 09:54:02 EST Wyndham Hotel Group’s Ramada Brand Forges Eastward in Canada http://www.hotelnewsresource.com/article89409Wyndham_Hotel_Group______s_Ramada_Brand_Forges_Eastward_in_Canada.html http://www.hotelnewsresource.com/article89409Wyndham_Hotel_Group______s_Ramada_Brand_Forges_Eastward_in_Canada.html Expands relationship with Canalta building 20 new Ramada hotels in Eastern Canada Tue, 24 May 2016 09:44:17 EST Sonnenblick-Eichner Company Arranges $38,000,000 of First Mortgage Leasehold Financing for Marina Del Rey Hotel, Marina Del Rey, California http://www.hotelnewsresource.com/article89404Sonnenblick_Eichner_Company_Arranges_____________of_First_Mortgage_Leasehold_Financing_for_Marina_Del_Rey_Hotel__Marina_Del_Rey__California.html http://www.hotelnewsresource.com/article89404Sonnenblick_Eichner_Company_Arranges_____________of_First_Mortgage_Leasehold_Financing_for_Marina_Del_Rey_Hotel__Marina_Del_Rey__California.html Sonnenblick-Eichner Company announced today that it has arranged $38 million of first mortgage leasehold financing for Marina del Rey Hotel, a 164-room, full-service, luxury boutique hotel located on the water in Marina del Rey, California. The hotel underwent a $28 million renovation and reopened in January of 2015. Mon, 23 May 2016 12:32:15 EST YOTEL Breaks Ground on 582 Key Hotel in Dubai http://www.hotelnewsresource.com/article89395YOTEL_Breaks_Ground_on_____Key_Hotel_in_Dubai.html http://www.hotelnewsresource.com/article89395YOTEL_Breaks_Ground_on_____Key_Hotel_in_Dubai.html YOTEL broke ground last week on their first property in the Middle East, expected to open in 2018. This follows the technology-focused hospitality brand's signing of a long-term agreement with Dubai Investment Properties LLC ('DIP') to operate a new hotel in Dubai, UAE. Mon, 23 May 2016 11:39:25 EST 250 Room Courtyard Seattle Downtown Hotel Sold for $84.5 http://www.hotelnewsresource.com/article89394____Room_Courtyard_Seattle_Downtown_Hotel_Sold_for______.html http://www.hotelnewsresource.com/article89394____Room_Courtyard_Seattle_Downtown_Hotel_Sold_for______.html The purchase price represents a trailing 12-month cap rate of 6.7% on net operating income. On a trailing 12-month basis, the property achieved RevPAR of $157, with occupancy of 80% and Average Daily Rate of $196. Mon, 23 May 2016 11:35:48 EST Hampton Inn Rochester, Minnesota Renovation http://www.hotelnewsresource.com/article89386Hampton_Inn_Rochester__Minnesota_Renovation.html http://www.hotelnewsresource.com/article89386Hampton_Inn_Rochester__Minnesota_Renovation.html Hampton Inn recently renovates complete hotel in Forever Young Initiative. Mon, 23 May 2016 10:46:57 EST 150 Room Canopy Dallas | Uptown Hotel To Open Fall 2017 http://www.hotelnewsresource.com/article89380____Room_Canopy_Dallas___Uptown_Hotel_To_Open_Fall_____.html http://www.hotelnewsresource.com/article89380____Room_Canopy_Dallas___Uptown_Hotel_To_Open_Fall_____.html Located at the intersection of Cityplace West and Oak Grove in Uptown Dallas, the 150-room Canopy Dallas | Uptown will be the hospitality highlight of Cityplace, a master planned mixed-use luxury retail and residential development. Mon, 23 May 2016 09:56:02 EST Element Detroit at the Metropolitan Building Announced for 2018 http://www.hotelnewsresource.com/article89377Element_Detroit_at_the_Metropolitan_Building_Announced_for_____.html http://www.hotelnewsresource.com/article89377Element_Detroit_at_the_Metropolitan_Building_Announced_for_____.html Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced Element Hotels will debut in Detroit in July of 2018, following an adaptive re-use project that will transform the historic Metropolitan Building into an upscale mixed-use development. Mon, 23 May 2016 09:32:43 EST Tru by Hilton Oklahoma City Airport Breaks Ground http://www.hotelnewsresource.com/article89374Tru_by_Hilton_Oklahoma_City_Airport_Breaks_Ground.html http://www.hotelnewsresource.com/article89374Tru_by_Hilton_Oklahoma_City_Airport_Breaks_Ground.html The 86-room Tru by Hilton Oklahoma City Airport is located just five miles from the Will Rogers World Airport at 802 South Meridian Avenue, and is expected to open in spring of 2017. The new property is expected to add 75 construction jobs and 20 jobs in the long term once the hotel is open. Mon, 23 May 2016 09:11:49 EST