NH Hotel Group has planned to open a new nhow hotel in Frankfurt’s Europaviertel (European Quarter) in the exhibition center at the beginning of 2021.
Howard Group will develop and own the Hyatt Place Sandestin at Grand Boulevard, while Howard Hospitality will manage the property.
Slated to open in the third quarter of 2018, the mixed-use project will include a newly built 357-room Courtyard hotel and a 147-suite Residence Inn.
Spain saw an "exceptional increase" in hotel investment transaction levels, with investment volumes jumping by 228 percent year-on-year.
Hilton will add new hotels to the Egypt stock within seven to 10 years.
With a high gearing ratio, the hotel group could be halting trade to pay off debt.
Lotte has halted two projects in Shenyang, Liaoning Province and Chengdu, Sichuan Province.
The Hotel Erwin reopened in Venice Beach, inspired by the "boho" beach community, 1970s Bohemia and the Venice Beach’s boardwalk.
HBA Resort is a design division specializing in creating bespoke, luxury resort properties with a flagship office based in Bali, Indonesia.
Hotel RevPAR rose in H1 2017, despite a weaker pound and many high profile events.