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Source: tophotel.news
Red Roof Plus Palm Coast sells
DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, arranged the sale of the 78-room Red Roof Plus Palm Coast for an undisclosed price and closed in 34 days. Dennis S. Hopper, managing principal of the firm; Randy B. Taylor, SVP, investments; Dylan N. Amin, VP, investments; and Sam Patel, investment associate, represented the seller, SVM Palm Coast LLC, and the … [Read More...]
Home2 Suites by Hilton Poughkeepsie debuts
Home2 Suites by Hilton Poughkeepsie, managed by Brandt Hospitality Group, has opened in Poughkeepsie, NY. The property is located near Marist College and Culinary Institute of America in Dutchess County. The world’s longest elevated pedestrian bridge—The Walkway Over the Hudson—is about five miles away. The hotel features 111 extended-stay suites equipped with kitchen amenities such as a … [Read More...]
SAK acquires Staybridge Suites Tysons-McLean
Hunter Hotel Advisors has arranged the sale of the Staybridge Suites Tysons-McLean. SAK Developers acquired the five-story property for an undisclosed price. Situated in downtown McLean, the hotel has 142 extended-stay keys and is close to Tysons Corner, which hosts numerous corporate demand generators and major government agencies. Amenities include a 24/7 fitness center, 360 sq. ft. of meeting … [Read More...]
Mohari, Weller Development forge strategic alliance
Mohari Hospitality and Weller Development Partners have forged a strategic partnership that will unlock new opportunities for growth for both companies in the luxury hospitality sector in key markets throughout North America and the Caribbean. Mohari’s programmatic investment will not only bolster Weller’s existing investments, including Six Senses Napa and Six Senses Grand Bahama, but will also … [Read More...]
Rentyl Resorts and Davidson Partner on Condo Project With Embassy Suites
KISSIMMEE, Florida—Rentyl Resorts and Davidson Hospitality Group have partnered on a condominium project with Embassy Suites. Embassy Suites by Hilton Orlando Sunset Walk is a five-building condominium project developed by Sunset Walk Residences, LLC. Rentyl and Davidson will be responsible for the onsite management, sales, marketing, revenue, and call center management of the units. Located in … [Read More...]
Hyatt to expand in Latin America and Caribbean with over 30 openings
Properties marking Hyatt’s entrance to new and exciting destinations for the brand include a coastal resort in Paracas, Peru and a hotel in the wine region of Ensenada, Mexico. Portfolio growth This regional growth of the Hyatt brand will also see the expansion of Hyatt’s Inclusive Collection and mark the Latin America and the Caribbean debut of the Destination by Hyatt brand. These plans promise … [Read More...]
SO/ to debut in Hungary in 2026
Hungary: Lifestyle hospitality group Ennismore will expand its SO/ brand to Hungary, signing a property in Budapest scheduled to launch in 2026. SO/ Budapest will be repositioned from the former Sofitel Budapest Chain Bridge, located on the city’s Pest Bank. Following an exterior and interior refurbishment, the completed SO/ property will feature 350 rooms, including 56 suites and two … [Read More...]
Barcelo plans openings and upgrades after positive 2023
During 2023, the group opened 25 new hotels and resorts, as its revenues grew 20% off the back of strong improvements in occupancy and room rates. Its portfolio now extends to more than 300 hotels across 30 country markets. “In 2023, Barceló Hotel Group experienced incredible success across our global portfolio,” reported Joes Canals, Barcelo’s director for Middle East, Asia, Mediterranean and … [Read More...]
Ryanair announces profit jump and predicts cheaper-than-expected summer fares
Yearly earnings for the budget airline are at a record level despite rises in fuel prices, higher staffing costs and delivery delays. Ryanair has revealed an after-tax profit of €1.92 billion in the year to March, an annual jump of 34%.The total surpasses the previous annual record of €1.45 billion, made in the year to March 2018, and sits ahead of the €1.905 billion predicted by company … [Read More...]
Spark by Hilton Set to Make European Debut in the UK
Spark by Hilton London Romford set to open in the coming weeks. Hilton (NYSE: HLT) today announced the European debut of its industry-disrupting premium economy brand Spark by Hilton, with the signing of Spark by Hilton London Romford. Set to open in the coming weeks, the 125-room property, signed as part of a franchise agreement with Romford South Ltd., marks Hilton's entry into the premium … [Read More...]