The Gayana Eco Resort on Pulau Gaya will be the first resort in Sabah to be affiliated with Small Luxury Hotels, a worldwide group of hotels offering exclusive holiday experiences.
Situated in the Tunku Abdul Rahman Marine Park, its 44 water chalets lie in Malohom Bay.
The resort offers a seafood restaurant, dive centre, Marine Ecology Research [...]
Starwood Capital Group today announced that the recently launched “1†Hotel and Residences, the world’s first luxury, eco-friendly global hotel brand, will open New York City’s first five-star green hotel on West 40th Street in Manhattan, across from Bryant Park. The “1†Hotel and Residences will be part of a proposed 31-story mixed-use green tower [...]
Dubai’s government bolstered its holdings of New York City real estate, announcing Sunday that its Istithmar PJSC holding company had purchased a majority stake in Manhattan’s five-star Mandarin Oriental hotel.
The US$340 million (euro260 million) purchase of the Mandarin Oriental, part of the Time Warner Center on Manhattan’s Columbus Circle, adds to the growing U.S. [...]
Coastal Hotel Group has been selected to manage The Inn at Otter Crest, a 280-unit condominium-hotel on the central coast of Oregon, reports Yogi Hutsen, Coastal’s President & CEO.
According to Hutsen, “The Inn at Otter Crest is a key addition to the Coastal portfolio, particularly because of its geographic proximity, both to our corporate [...]
A US$3.37-billion deal announced Monday by billionaires Bill Gates and Saudi Prince Alwaleed Bin Talal to purchase Four Seasons Hotels Inc. underscores a trend by well-heeled investors to acquire hotels and hotel companies worldwide.
The deals are driving up top purchase prices to more than US$1 million per room, while room rates have increased at roughly [...]
Jumeirah, the fast growing Dubai-based luxury hotel group and member of Dubai Holding, has been appointed to manage the first new luxury resort to be built in Bermuda in 35 years, pending approval by government agencies.
With contemporary, innovative design and the highest levels of amenities, the Jumeirah Southlands Resort will dramatically raise global awareness of [...]
Jumeirah, the fast growing Dubai-based luxury hotel group and member of Dubai Holding, has been appointed to manage the first new luxury resort to be built in Bermuda in 35 years, pending approval by government agencies.
The Jumeirah Southlands Resort will raise global awareness of Jumeirah as it brings a new standard of luxury resort experience [...]
Jumeirah, the fast growing Dubai-based luxury hotel group and member of Dubai Holding, has been appointed to manage the first new luxury resort to be built in Bermuda in 35 years, pending approval by government agencies.
With contemporary, innovative design and the highest levels of amenities, the Jumeirah Southlands Resort will dramatically raise global awareness of [...]
CNL Hotel & Resorts Inc., the nation’s second-largest hotel real estate investment trust, said Friday it agreed to be bought in two separate deals worth about $5.53 billion combined.
Orlando-based CNL said Morgan Stanley Real Estate would pay about $3.13 billion, or $20.50 per share, in cash. Including assumed debt, the total transaction is valued at [...]
The Doral Golf Resort & Spa in Doral, owned by the CNL Hotel and Resorts Inc., the nation’s second-largest real estate investment trust, agreed to a takeover by Morgan Stanley Real Estate company that is worth about $3.13-bil.
But the greater part of this takeover of CNL properties, headquartered in Orlando, includes the acquisition of eight [...]
An Orlando hotel real estate investment trust has agreed to sell itself, which means a new owner for the Doral Golf Resort & Spa.
The Marriott resort in Miami is part of the eight-property portfolio of CNL Hotels & Resorts.
The buyer is Morgan Stanley Real Estate. The group is to pay $20.50 a share in cash, [...]
CNL Hotels & Resorts, Inc., the nation’s second largest hotel real estate investment trust, announced today that it has signed a definitive agreement to be acquired by Morgan Stanley Real Estate. The transaction provides that funds managed by Morgan Stanley Real Estate will acquire CHR for $20.50 per share in cash, representing an aggregate purchase [...]
