Today's Hotel Development News Today's Hotel Development News from Hotel News Resource en-us Hotel News Resource Three Hotel Indigo Properties Coming to Washington State InterContinental Hotels Group (IHG) today announces the development of three Hotel Indigo properties in the state of Washington - Hotel Indigo Vancouver Downtown, Hotel Indigo Everett and Hotel Indigo Spokane. All three properties are expected to open before the second quarter of 2020. Tue, 19 Jun 2018 13:41:14 EST W.P. Carey Plans to Buy Corporate Property Associates in $6 Billion Deal | Reuters - Reuters The combined company’s portfolio, spanning North America and Europe, will include both office properties and industrial facilities and boast clients such as The New York Times, Marriott International and German home improvement store chain Hellweg. Tue, 19 Jun 2018 13:22:14 EST The Indian Hotels Company Announces Its Second Hotel in Katra, Jammu and Kashmir Located in Katra - the base camp for the holy pilgrimage of Vaishno Devi, the hotel is located 42 kilometres from the Jammu airport. The 80 room hotel, spread over eight acres, offers views of the Holy Shrine and Trikuta Mountains. Tue, 19 Jun 2018 10:24:12 EST Pullman Hotel Coming to Singapore in 2022 The 342-room hotel will be Singapore's first Pullman and will feature a rooftop bar and executive lounge with sweeping views over Fort Canning, the Singapore River and St Andrew's Cathedral, along with a vibrant lobby, health and fitness centre and pool. The hotel is set to open in 2022 after a complete redevelopment of the site. Tue, 19 Jun 2018 10:15:22 EST Virginia Beach Resort Hotel & Conference Center Sold for $19 Million The hotel/conference center is situated on the Chesapeake Bay on a 3.6-acre site and includes 263,328 square feet with 295 suites. Mon, 18 Jun 2018 16:16:27 EST Refinancing Completes Refinancing Of 34 Hotels Ashford Hospitality Trust, Inc. (NYSE: AHT) announced on Friday that it has successfully refinanced seven mortgage loans with existing outstanding balances totaling approximately $1.07 billion. Mon, 18 Jun 2018 13:37:13 EST Hospitality Properties Trust Acquires Radisson Blu Minneapolis Downtown Radisson Hotel Group today announced that its longtime partner, Hospitality Properties Trust (HPT has acquired the Radisson Blu Minneapolis Downtown in a sale from an affiliate of KKR. Mon, 18 Jun 2018 13:04:58 EST Pebblebrook Hotel Trust Announces Increased Ownership Position in LaSalle Hotel Properties Pebblebrook Hotel Trust (NYSE: PEB) today announced it has almost doubled its ownership of common shares of LaSalle Hotel Properties (NYSE: LHO) (LaSalle) to 10.0 million common shares, or approximately 9.0% of LaSalle’s outstanding common shares. Pebblebrook is now one of the largest shareholders of LaSalle. Mon, 18 Jun 2018 12:38:17 EST W Hotels to Return to Sydney in 2020 W Hotels Worldwide today announced its re-entry to the iconic harbour city with the signing of W Sydney. Built and developed by Grocon and funded by Greaton Group, W Sydney will make its debut in 2020. Thu, 14 Jun 2018 09:55:11 EST Shaner Hotel Group Adds Château Élan Hotel & Conference Center to Management Portfolio Officials of the 123-room Château Élan Hotel & Conference Center today announced that the Shaner Hotel Group will take over operations of the hotel beginning Saturday, June 16. Thu, 14 Jun 2018 08:51:19 EST Trump Already Envisions Condos and Luxury Hotels on North Korea's 'great Beaches' - The Week In his one-on-one meeting with North Korea's Kim Jong Un in Singapore on Tuesday, President Trump showed the North Korean despot an iPad video of what his totalitarian, communist regime could be like if it gave up its nuclear weapons and ambitions. Wed, 13 Jun 2018 13:57:05 EST HVS Report - Key Takeaways from the 2018 South East Asia Hotel Investor’s Summit (SEAHIS) - By Paola Orneli Bock, Pawinee Chaisiriroj, Hok Yean CHEE Key takeaways from this year’s South East Asia Hotel Investors’ Summit (SEAHIS) at the Westin Grande Sukhumvit Bangkok on May 14-15, which HVS proudly sponsored for the second consecutive year. Wed, 13 Jun 2018 13:06:57 EST Dusit International to Open 10 New Properties over the Next 12 Month Dusit International has announced its plans to open at least 10 new properties over the next 12 months across Bahrain, Bangladesh, Bhutan, China, Philippines, Qatar, Singapore and Vietnam - raising the number of Dusit-branded properties in operation to 37. Wed, 13 Jun 2018 12:37:45 EST Hotel President in Palo Alto, California Aquired By AJ Capital Partners AJ Capital Partners announced today that it has acquired the President Hotel Apartments, formerly Hotel President, in Palo Alto, California. The six-story building is located on University Avenue, in the heart of downtown Palo Alto. Wed, 13 Jun 2018 12:02:09 EST Tivoli Évora Ecoresort to Open Q3 in Portugal urrently operating as the Ecorkhotel, Évora – Suites & Spa, the property is located on the plains of Portugal’s south-central Alentejo region, just a five-minute drive from the historic centre of Évora, a UNESCO World Heritage Site, and a one-hour drive from the capital Lisbon. Wed, 13 Jun 2018 11:55:33 EST The Westin Reston Heights Hotel Sold Noble Investment Group Noble Investment Group today announced the acquisition of the 191-room Westin Reston Heights located in Reston, Virginia. The hotel will undergo a comprehensive guest room and public area upgrade and renovation. Wed, 13 Jun 2018 11:20:02 EST Le Montrose Suite Hotel Rebrands to Montrose West Hollywood Following Redesign Montrose West Hollywood , formerly known as Le Montrose Suite Hotel, is welcoming guests to experience the property's $15 million property-wide remodel, which includes 133 suites, lobby, a new café and lounge, updated meeting spaces and refreshed rooftop pool deck. Wed, 13 Jun 2018 10:41:29 EST 275 Room Hilton Eugene in Oregon Sold to AJ Capital Partners AJ Capital Partners announced today that it has acquired the Hilton Eugene in Eugene, Oregon. The hotel will continue to operate as Hilton Eugene until year end, after which, it will begin a comprehensive renovation to convert to Graduate Eugene, part of the Graduate Hotels collection. Tue, 12 Jun 2018 12:37:54 EST Hyatt Centric Hotels Announced for Los Angeles, Philadelphia, Portland, Ore., Senegal, El Salvador and Australia These hotels are in addition to previously announced plans for Hyatt Centric hotels in Dakar, Senegal, San Salvador, El Salvador and Melbourne, Australia. Tue, 12 Jun 2018 11:43:38 EST New IHG Brand Voco to Focus on Conversions IHG (InterContinental Hotels Group) has today launched voco, its new upscale hotel brand, alongside announcing a first signing in Australia. Tue, 12 Jun 2018 10:37:25 EST