News in brief: Playa Hotels & Resorts
By Chloe Riley in News - April 2017
Playa public: Playa Hotels & Resorts became a publicly traded company earlier this week. The group is the first and…
Playa public: Playa Hotels & Resorts became a publicly traded company earlier this week. The group is the first and…
Hilton in Sri Lanka: Hilton signed six management agreements with Melwa Hotels & Resorts Private Limited to manage three Hilton…
Providence grows UK management. Fairtree Capital’s Hospitality Real Estate private equity fund has acquired four hotels in southwest UK –…
South Place Hotel sold: UK real estate fund manager Frogmore sold the South Place Hotel in London to Tian An China…
US$3.5 billion Bangkok development: Thailand’s richest man, Charoen Sirivadhanabhakdi, is planning a US$3.5 billion property development in central Bangkok that…
Brexit and hospitality: The British Hospitality Association published a report stating that without future EU migration, the hospitality sector faces…
Deutsche: Deutsche Hospitality signed an agreement for its first hotel in Thailand. The 5-star Steigenberger Hotel Riverside will open in…
Trump: The Trump Organization wants to open a second Washington hotel as part of a planned nationwide expansion, potentially creating…
Marriott London: Marriott International expanded its extended-stay brand, Residence Inn by Marriott, with the signing of two new properties in London. Residence…
Union in Seattle: Union Investment acquired the 222-room Hilton Garden Inn in downtown Seattle, which opened in 2015, for US$90…