Commerz Real Capital Management Co. has purchased the DoubleTree by Hilton Lisbon, Fontana Park in Portugal for an undisclosed price.
Taking cues from Marriott, IHG and Radisson, Kempinski is opening a luxury hotel in Georgia's capital.
The merger of the two real estate investment trusts places the combined company’s estimated enterprise value at $12 billion.
The two companies plan to transform the 27-room Alpine Inn into an Urban Cowboy-branded lodge and spa.
IHG will open the Holiday Inn in Queenstown Remarkables Park through an agreement with property owner QLong Investments Ltd.
With a focus on Asian millennials, the company plans to open upper-upscale and upper-midscale properties across the country..
Kasada Capital Management has reached a first close on its Kasada Hospitality Fund, with equity commitments of more than $500 million.
Investment in the country's hotels has fallen precipitously year over year, but some deals are still being signed.
Established and start-up companies alike are making deals for London growth, but increased supply may drive occupancy numbers down.
The company will open two hotels and a serviced apartment complex in Antananarivo, the country's capital.