MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]
The Rezidor Hotel Group will bring its fresh and energetic mid-market brand Park Inn to the holy city of Makkah in Q1-2009: The Al Diyafa Park Inn Makkah will be in the Al Zahir area approximately three kilometres from the Haram, the mosque of the prophet. It adds 221 rooms to the Rezidor portfolio – [...]
The project is expected to be completed by the end of 2009.
Mounir Haidar, Sorouh’s CEO commented: ‘Our association with Luxury Real Estate is based on a common vision of providing luxurious yet affordable living where residents can live close to work and enjoy downtown cosmopolitan living.’
Adjacent to the Sky Tower and the Gate District in [...]
Salhia Real Estate has announced recently its achievements and expansion plans in a recent assembly meeting, following results of fiscal year 2006 performance.
Mr. Ghazi Fahad Alnafisi, Chairman and Managing Director, said the end of the fiscal year 2006 announced the expansion in the scale of the company projects, which became bigger than before in the [...]
This is the first look at the new hotel planned for the £500 million Cabot Circus development.
The 150-bedroom hotel, run by the Future Inns chain, will face on to Bond Street South, opposite the shopping centre forming the main part of the Broadmead expansion.
Future Inns has submitted a planning application to Bristol City [...]
Milwaukee’s Park East corridor will be the new home for a 180-room Kimpton hotel on the $104 million, mixed-use development proposed by Ruvin Development, Mequon, and Gatehouse Capital Corp., Dallas.
Kimpton Hotel & Restaurant Group, based in San Francisco, operates 43 luxury hotels in the United States, including three in Chicago — Hotel Monaco, Hotel [...]
PLANS have been revealed for a new 60-bedroom hotel in Farnsfield aimed at boosting the area as a tourism and business hotspot.
Landowners Gary and Denise Ferriman want to flatten their existing White Post Garage and redevelop the site as a crowd-pulling hotel and restaurant complex, complete with car parking for 155 vehicles.
They say the development [...]
A PROPOSED new hotel in London Colney has been given the final go-ahead by Hertsmere Borough Council
Splendid Hotels had already been given outline planning permission following an appeal in 2004 after Hertsmere rejected the plan because it was felt to be an inappropriate development in the Green Belt.
At the time the inquiry inspector said the [...]
