Purchase of Select Service 143-Key Property Marks 12th Hospitality Acquisition in Current Cycle for Atlanta-Based Real Estate Investment Firm
Travel Trends report also reveals annual growth in spend and volume for domestic and international air travel as well as hotel reservations
Since its launch in March 2021, the Fund has made investments in 10 hotels, investing approximately $228 million of Fund capital in equity investments. Its acquisitions include the Sea Crest Beach Hotel in Cape Cod, the Courtyard San Diego Downtown, and the EAST Miami.
Pier Sixty-Six Resort, the centerpiece of a $1 billion redevelopment project by Tavistock Development Company, is a renowned landmark that will reinforce its identity as one of the most esteemed resorts in Florida.
The park will feature an Americana-themed environment with a variety of entertaining rides, live shows, family attractions, waterways as well as restaurant-quality food and beverage offerings. The theme park and resort are scheduled to open in fall of 2026.
Under the new guidelines, which the EPA announced on its website, liquid toiletries such as shampoo, conditioner, shower gel and lotion will have to be provided in bottles with a volume of at least 180 milliliters.
From brands like Fendi and Dior to retailers like Saks and The Webster, everyone's setting up shop in fancy hotels this summer.
Equinox Hospitality has acquired the Four Points by Sheraton San Rafael Marin County for $38 million. This acquisition marks Equinox's fifth successful addition to its hotel portfolio in the past year.
Inspired by the sea and designed to redefine luxury in the Caribbean, The Loren at Turtle Cove will open in 2026 with six private beachfront villas, 25 condominium units and 33-guest suites.
Waterfront hotel with views of Ben Franklin Bridge to debut by year-end 2023