Today's Hotel Development News Today's Hotel Development News from Hotel News Resource en-us Hotel News Resource Hampton by Hilton in Lodz Announced for 2018 Hilton Worldwide (NYSE: HLT) has reached a franchise agreement with VHM Management Sp. z o.o. to open a second hotel in the city of Lodz. Construction has begun of a mixed tower block on Piotrowska Street which will see the 149 guest room Hampton by Hilton Lodz open in early 2018. Thu, 26 Nov 2015 09:27:32 EST The Ritz-Carlton St. Thomas Sold For $64 Million Ashford Hospitality Prime, Inc. (NYSE: AHP) yesterday announced it has entered into a definitive agreement to acquire the award-winning 180-room Ritz-Carlton St. Thomas for $64 million ($355,000 per key) from Marriott International, Inc. (NASDAQ: MAR). Wed, 25 Nov 2015 11:21:56 EST Tropicana Entertainment Announces Plans for Multi-Million Dollar Land Based Gaming Development at Tropicana Evansville The new casino would be situated on land owned by Tropicana between its existing hotels, Tropicana Evansville Hotel and the LeMerigot Hotel, and would replace Tropicana's current riverboat casino. Wed, 25 Nov 2015 11:16:17 EST Hotel North Woods in Lake Placid Joins Ascend Hotel Collection The hotel is located at 2520 Main St, Lake Placid, New York and is the only lodging property in Lake Placid where you can see all five Olympic venues from the past two Winter Olympic Games that were hosted there. Wed, 25 Nov 2015 11:13:09 EST HVS Update - Four Key Takeaways 2015 North America Tourism & Hospitality Investment Conference (NATHIC) Foreign Direct Investment in U.S. enterprises has doubled over the past 15 years, a sign of investor confidence in American real estate, including hotels. The NATHIC event also spoke to what moves will set hoteliers ahead in the current market. Wed, 25 Nov 2015 11:08:54 EST Diamond Resorts International to Acquire Intrawest Resort Club Group for $85 Million Diamond Resorts International, Inc. (NYSE:DRII), announced today that it has entered into a definitive agreement to purchase Intrawest Resort Club Group from Intrawest Resorts Holdings, Inc. (NYSE: SNOW) for $85 million, subject to certain closing date adjustments. Wed, 25 Nov 2015 10:49:30 EST Fairmont San Francisco Hotel Sold For $450 Million The companies that own world renowned Fairmont San Francisco Hotel atop Nob Hill were sold yesterday for $450 million by a partnership between funds managed by Oaktree Capital Management, L.P. and real estate investor Michael Rosenfeld’s Woodridge Capital Partners LLC. Wed, 25 Nov 2015 09:20:02 EST Toronto's King Edward Hotel Sold to Omni Hotels Omni Hotels & Resorts today announced that it has fully acquired The Omni King Edward Hotel, Toronto’s first and iconic luxury hotel. Tue, 24 Nov 2015 13:34:38 EST Radisson Philadelphia Northeast Sold for $15 Million TJM Atlantic City added a third property to its portfolio with the purchase of the Radisson Philadelphia Northeast, a 274-room property in Trevose in Bucks County, Pennsylvania. Tue, 24 Nov 2015 11:33:36 EST Sheraton Adelaide Hotel Announced for 2016 Owned by the Makris Group, South Australia’s largest privately owned retail property group, Sheraton Adelaide will stand at the center of a mixed-use development featuring luxury residential apartments, office and retail space located at 88 O’Connell Street. Tue, 24 Nov 2015 10:22:29 EST Eldorado Resorts Completes Acquisition of MGM’s 50 Percent Interest in Silver Legacy Resort Casino Reno and All Assets of Circus Circus Reno Transaction Further Expands Eldorado’s Gaming Operations to Seven Properties in Five Markets Tue, 24 Nov 2015 09:27:34 EST Le Meridien Dallas The Stoneleigh Sold to Carey Watermark Investors Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired Le Meridien Dallas, The Stoneleigh. The historic hotel includes 176 guestrooms and is located in the chic Uptown Dallas district. Mon, 23 Nov 2015 12:29:07 EST Lowe Enterprises Investors Acquires Two Hampton Inns Lowe Enterprises Investors, in joint venture with a foreign investment client, has acquired the Hampton Inn & Suites Charlotte-Arrowood Road, located at 9110 Southern Pine Boulevard in Charlotte, NC and the 110-room Hampton Inn Columbia Northeast-Fort Jackson, located at 1551 Barbara Dive in Columbia, SC. Mon, 23 Nov 2015 12:22:30 EST Hilton Worldwide Three Hotels in the UK and Ireland Hilton Edinburgh Carlton, DoubleTree by Hilton Glasgow Central and Hilton Garden Inn Dublin Custom House will join Hilton Worldwide's portfolio of nearly 170 hotels trading or under development in UK & Ireland, adding more than 700 new rooms when they convert in 2016. Mon, 23 Nov 2015 11:40:13 EST Cambria Hotels & Suites Philadelphia Announced for 2017 The 206-room Cambria property will be located at 219-225 S. Broad Street (N.E. Corner of Broad & Locust Streets) along the Avenue of The Arts, and is expected to open in 2017. Fri, 20 Nov 2015 12:42:50 EST The Habitation Jouissant Hotel in Haiti Joins Autograph Collection The property, located in Haiti’s second largest city and situated on the country’s northern coast, will be Autograph Collection’s third hotel in the Caribbean and will serve as Marriott International’s second property in Haiti – following the opening of the Marriott Port-Au-Prince Hotel in early 2015. Fri, 20 Nov 2015 12:39:06 EST Ritz-Carlton Announces Two New Hotels in Asia Pacific In Partnership with YTL Hotels, a Ritz-Carlton Reserve in Niseko Village, Japan and The Ritz-Carlton, Koh Samui, Thailand Thu, 19 Nov 2015 17:56:23 EST The Virginian Lynchburg Hotel Joins Curio Collection An iconic hotel originally built in 1913, The Virginian Hotel is now undergoing renovations expected to be completed in early 2017. When opened, the hotel will be named The Virginian Lynchburg, Curio Collection by Hilton and will offer 115 high-end guest rooms. Thu, 19 Nov 2015 15:09:10 EST The St. Anthony, a Luxury Collection Hotel, San Antonio Unveils Multi-Million Dollar Restoration Built in 1909 as the first luxury hotel in Texas and located near the city’s enchanting River Walk, The St. Anthony, a Luxury Collection Hotel, San Antonio, has unveiled a stunning redesign including enhanced accommodations, refreshed public spaces, and new dining venues. Thu, 19 Nov 2015 14:57:47 EST Aloft Shanghai Nanxiang Announced for 2018 Slated to open in 2018, Aloft Shanghai Nanxiang will be centrally located in the Jiading district, joining Starwood’s currently operating Sheraton Shanghai Jiading Hotel and Le Méridien Shanghai Jiading, slated to open in 2017. Thu, 19 Nov 2015 09:59:25 EST