HNR Development Update Issue: August, 11 2023 | Read Online
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Weekly Development Update
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Spark by Hilton Conversion Opportunity - Hilton Spark conversion is possible at this location. Read more
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This loan will be used to refinance an existing loan on behalf of the owner, a joint venture between Brookfield Reinsurance/ANICO and Superhost Hospitality. Read more
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Hotels For Sale New Zealand
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The property comprises two operations, Lake Ohau Lodge, a 72-room lodge that sits on a 10.1ha lakeside location and Ohau Snow Fields, a 145.2ha private ski field with access to over 250ha of skiable terrain. Read more
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HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 51-key Quality Suites South Austin, an interior-corridor, limited-service hotel in the highly sought-after Austin market. Read more
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The lifestyle hotel is set to open in 2025 in the citys commercial complex, the Ring Chengd Read more
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The new ME, currently under construction, is expected to open in 2025. It will have 140 rooms and all the signature attributes of ME by Meliá. Read more
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As the first IHG hotel in the Emirate, the voco hotel aims to open in 2027. It will comprise 191 rooms, helping boost Sharjah's offering as one of the top destinations in the region. Read more
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Hotel Transaction Phoenix
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Purchase of Select Service 143-Key Property Marks 12th Hospitality Acquisition in Current Cycle for Atlanta-Based Real Estate Investment Firm Read more
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Hotel Financing South Carolina
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The 14-story, 157-room Holiday Inn Charleston-Riverview is conveniently located off Savannah Highway and overlooks the Ashley River. Read more
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Mumford Company announced today it completed the sale of the Tru by Hilton Rockwall Dallas, located in Rockwall, Texas. Read more
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HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 107-key Holiday Inn Express & Suites Lubbock Central University Area, a limited-service hotel asset in Lubbock, Texas. Read more
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Hotel Transaction Florida
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DSH Hotel Advisors has arranged the sale of the 48-room Super 8 by Wyndham Ormond Beach, Florida for an undisclosed price on July 11th, 2023. Read more
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Hotel Development Melbourne
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Located at 540 Flinders Street, the 1,971sqm site currently features a two-level office-warehouse with prominent dual frontage to Flinders Street and Flinders Lane. Read more
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Hotel Construction Pipeline Latin America
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Countries with the most projects in the construction pipeline include Mexico with 213 projects/33,853 rooms. Next is Brazil with 85 projects/14,772 rooms, the Dominican Republic with 33 projects/7,071 rooms, Peru with 27 projects/3,322 rooms, and Argentina with 18 projects/1,932 rooms. Read more
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Global Real Estate Investment Trends
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Q2 marks third consecutive quarter of significant declines in global investment Read more
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Hotel Construction Pipeline Canada
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As seen in the recently released Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), the total construction pipeline in Canada continued to expand at the close of the second quarter with 275 projects/37,359 rooms, up 5% by projects and rooms year-over-year (YOY). Read more
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