hotel
Hotel Development News
Benchmarking firm STR together with 10 hotel corporations, face a lawsuit claiming that the ‘exchange of competitively sensitive information’ allows operators to set high prices… Kiran Andicot, regional vp, South Asia for hotel growth at Marriott International said the chain opened 12 hotels, totalling 1,431 rooms, in India final 12 months. Jaideep Dang, MD, hotels and hospitality group at JLL, mentioned 2023 was the best year ever when it comes to hotel openings. Hotels of varied categories are arising in and round Navi Mumbai, Panvel, and Khopoli pushed by transformative infrastructure projects such as the Mumbai Trans Harbour Link and…
Hotel Industry News Marriott News Middle
The acquisition of Mr. C Beverly Hills marks Remington Hospitality’ thirteenth property in California and the second within the Los Angeles area. Remington Hospitality plans to continue rising its portfolio throughout the nation throughout 2021 and beyond. “We are delighted to have the chance to bring Remington in as our supervisor on this important acquisition,” added Richard Stockton, Chief Executive Officer of Braemar Hotels & Resorts. He continued, “With a confirmed capability to deliver margin enhancement while driving high line development, we believe they will be succesful of unlock this iconic property’s full potential.” Remington Hospitality recently accomplished a full-scale…
Hotel Industry News Marriott News Middle
The acquisition of Mr. C Beverly Hills marks Remington Hospitality’ thirteenth property in California and the second within the Los Angeles area. Remington Hospitality plans to continue rising its portfolio throughout the nation throughout 2021 and beyond. “We are delighted to have the chance to bring Remington in as our supervisor on this important acquisition,” added Richard Stockton, Chief Executive Officer of Braemar Hotels & Resorts. He continued, “With a confirmed capability to deliver margin enhancement while driving high line development, we believe they will be succesful of unlock this iconic property’s full potential.” Remington Hospitality recently accomplished a full-scale…