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Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone RealEstate for $525 million, in an all-cash transaction.
Radisson Hotel Group will make its debut in Cambodia following the signing of a landmark agreement with Prince RealEstate Group to operate two brand-new properties in the country’s fast-growing city, Phnom Penh.
Creative Supply founder Youri Sawerschel and Frame Magazine’s Tracey Ingram get together for the fourth in a series on space and branding, bringing together insights from Sawerschel’s realm of brand strategy and brand design, and Ingram’s role as editor at large for one of the world’s leading interior-design publications.
IHG Hotels & Resorts announces a partnership with Roxy-Pacific Holdings Pte Ltd - a realestate and hospitality leader in Asia Pacific - to introduce its Vignette Collection brand to the Maldives.
The project, already built and currently under finalization on Seafront Boulevard, is being developed by Azerbaijani realestate company Baku City Residences, which has to date completed seven residential realestate projects totalling more than 2,500 homes and has five new projects in the pipeline.
Thailand’s realestate developers are expanding beyond familiar hotel brands into the realms of iconic automotive, fashion, and wellness labels, as they seek identities that resonate with luxury property buyers.
Realestate investor and developer Lamington Group is adding to its pioneering eco hometel brand with the exciting opening of room2 Belfast, the fourth outpost, and first property outside England, set to open later this summer.
PPHE Hotel Group, the international hospitality realestate group which develops, owns and operates hotels and resorts, is pleased to announce the inclusion of its owned premium lifestyle brand art’otel in Radisson Hotel Group’s brand portfolio, growing this portfolio to ten distinct brands under one overarching umbrella.
NUMA Group, Europe’s leading operator of a fully digital hospitality brand, is delighted to announce its expansion into Denmark. NUMA is launching in the Danish capital, Copenhagen, with 36 newly built units in the trendy Nørrebro district.
FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the RealEstate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration.
As Hyatt Corporation President and CEO Mark Hoplamazian believes, wellness is a “very significant megatrend” and “not a fad.” [1] 1] This transaction indicates the growing popularity of this area of the lodging industry even six years ago.
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Perched on the slopes of Mount Kuaiji, the luxury resort developed in partnership with Shaoxing Lan Ruo Lake RealEstate Development Co., Ltd will be the first internationally-branded resort in the city of Shaoxing when it opens in 2024. Minor Hotels and its joint venture partner in China, Funyard Minor JV Co.,
Anticipated to open in 2027, The Ritz-Carlton, Cancun, Punta Nizuc, will feature a world-class oceanfront resort and ultra-luxury residential condominiums, developed through an unprecedented collaboration between three of Mexico’s most experienced realestate developers.
Hilton Worldwide (NYSE:HLT) is in talks to buy the Graduate Hotels brand, according to a Bloomberg report. Sources indicated that the deal for the brand would not include the realestate assets.
Fund manager Salter Brothers is taking its hotels business to the next level with the launch of its very own hospitality brand, Ardour, after 24 months of research and development. Salter Brothers intends for the brand to be positioned in some of the most iconic destinations in Australia, as well as internationally.
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
Phuket has seen an unprecedented onslaught of overseas buyers transform the island into the largest leisure branded residences realestate market in the world. The current supply of branded properties has now eclipsed a staggering USD2.3 The current supply of branded properties has now eclipsed a staggering USD2.3
IHG Hotels & Resorts (IHG), one of the world’s leading hospitality companies, and Asset World Corp Public Company Limited (AWC), renowned as Thailand’s leading integrated lifestyle realestate group, extend their long-standing partnership with a landmark agreement to open two new luxury hotels in Chiang Rai, Thailand.
In an unprecedented move, Archipelago International, the largest privately-owned hotel management group in Southeast Asia, has joined forces with Noval Properties, a premier realestate developer in the Dominican Republic.
NEW DELHI and DALLAS—Oravel Stays, the parent company of the global travel technology company OYO, announced that it has agreed to acquire G6 Hospitality, the parent company of the Motel 6 and Studio 6 brands, from Blackstone RealEstate for $525 million, in an all-cash transaction.
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Heiwa RealEstate Co. for a new Park Hyatt hotel in Sapporo. Scheduled to open in 2029, the hotel will be situated in the economic and cultural center of the Hokkaido Prefecture in northern Japan.
AS Hotels & Residences Private Limited, a renowned hospitality company with interest in hotels, IT/ITeS as well as realestate is pleased to announce its partnership with Wyndham Hotels & Resorts to open ’Ramada Encore’ branded hotel in Sector 84, Gurugram, Haryana.
Having a top-notch commercial realestate web design to capture attention, drive leads and boost your brand is crucial. Today’s commercial realestate market is driven by technology, and high-quality web design is no longer a luxury but rather an absolute necessity for any company — no matter the size or experience.
AENDRE Group, a realestate platform focused on the development and conceptualisation of lifestyle aparthotels, has launched with backing from newly formed private equity firm JuneX Capital Partners, and co-investor New End, to execute on its strategy of creating and scaling disruptive hospitality brands.
Accor’s French luxury brand Sofitel is set to expand and upgrade its network of hotels in Australia and New Zealand among 30 destinations globally in the coming years as the brand seeks to win favour with guests and owners 60 years on from its launch. “We It’s a powerful luxury brand. We have 51 brands in Accor portfolio.
Spearheaded by LEFT LANE, a vertically integrated realestate development, brand, and design firm renowned for revitalizing historic properties, this project promises to rejuvenate one of the city’s most cherished landmarks. Savannah, Georgia, is poised for a transformative addition with the arrival of Recess Hotel & Club.
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Banyan Group, the independent global hospitality company, has announced a new branding partnership with Urasaya Property Co., Ltd, the pioneering realestate developer, as it continues to explore new frontiers and introduce its original style of responsible development in exciting destinations.
Unveiled as the brand’s 60th property globally and the second in Shanghai, the hotel marks a significant milestone that underscores the distinct legacy of one of the world’s most storied luxury brands. Owned by Pacific Eagle RealEstate, the hotel offers guests a fresh perspective on signature rituals, St.
Just a month after two iconic Dubai properties joined the Kempinski constellation, Europe’s oldest luxury hotel company has signed another landmark deal to manage a collection of premium branded residences in Dubai Marina.
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AJU CONTINUUM, a global investment company specializing in realestate, branding, and technology, today announced its partnership with Kasa Living, Inc. www.kasa.com) to manage and operate the historic property at 929 South Broadway in the heart of downtown Los Angeles.
Leisure RealEstate Advisors LLC has arranged the sale of the Holiday Inn Express Fremont located in Fremont, NE. The hotel is among the highest performers for the Express brand in the IHG system, according to the company. “A ” Jaynes and Leisure RealEstate Advisors represented the seller, Fremont Hotels Inc.,
Waterton, a Chicago-based national realestate investor and operator, announced the official launch of its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences in boutique settings.
art’otel Rome Piazza Sallustio, a new premium lifestyle hotel with art and gastronomy at its core, lands in the heart of the Italian capital brought to life by renowned Roman contemporary artist, Pietro Ruffo, famed for international exhibitions and collaborations with Dior and The Vatican Apostolic Library to name a few.
Regis Hotels & Resorts, part of Marriott Bonvoy’s portfolio of over 30 extraordinary brands, today announced the highly anticipated opening of The St. Regis brand in Morocco. Regis La Bahia Blanca Resort, Tamuda Bay, marking the debut of the St.
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