Tag Archives: real estate

San Diego REIT buys Wynn hotel and casino near Boston in $1.7 billion sale-leaseback

Realty Income Corp. went all out, making the real estate investment trust’s first foray into hotels and gaming with a $1.7 billion sale-leaseback deal for the Wynn Resorts property near Bostonsignaling growing investor interest nationwide amid a booming welcoming climate. The company announced that it has signed a definitive agreement …

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Terrible’s Hotel Casino could become an industrial park

Posted on: February 15, 2022, 04:50h. Last update on: February 15, 2022, 03:04h. Terrible’s Hotel & Casino in Jean, Nevada, has been one of the few permanent casino casualties caused by the COVID-19 pandemic in Nevada. But a Reno-based real estate developer has plans for the isolated and desolate town. …

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Hilton Garden Inn under new ownership

The Hilton Garden Inn located on US 93 South in Kalispell has been acquired by the Veridea Group. The transaction closed on February 3. The purchase includes the 144-room hotel, the adjacent 700-person conference center, restaurant, bar and casino. Veridea also plans to invest approximately $8 million to undertake a …

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Fourth Quarter 2022 Earnings Estimate for Summit Hotel Properties, Inc. (NYSE:INN) Released by KeyCorp

Summit Hotel Properties, Inc. (NYSE:INN) – KeyCorp analysts raised their fourth quarter 2022 EPS estimates for Summit Hotel Properties in a note to investors on Wednesday, February 9. KeyCorp analyst A. Wurschmidt now expects the real estate investment trust to earn $0.27 per share for the quarter, up from its …

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What to know before borrowing

Payday loans usually come with very high interest rates and are often based on your income. Personal loans are long-term installment loans that generally have lower rates than payday loans. Payday loans are always a worse option than personal loans due to their high rates. Read more stories from Personal …

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Choice Group opens another hotel in Andhra Pradesh with Comfort Inn Kaikaluru

Ideally located in the heart of the city, the hotel offers spacious rooms with a contemporary design Choice Hotels introduces the first internationally branded hotel in the city of Kaikaluru, the Comfort Inn Kaikaluru. The town is famous for aquaculture and offers a range of tourist attractions including a bird …

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Costa Rica Tourism Real Estate Investment – Listing of Hotels/Restaurants Announced

Lucky Bug Bed and Breakfast, an established Guanacaste-based tourist accommodation resort in Nuevo Arenal, Costa Rica, has announced that it is now selling all of its properties. Nuevo Arenal, Costa Rica – January 24, 2022 — They now offer their three main locations, the eponymous Lucky Bug Bed and Breakfast, …

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Zacks: Brokerages expect Summit Hotel Properties, Inc. (NYSE: INN) to report quarterly sales of $106.79 million

Stock analysts expect Summit Hotel Properties, Inc. (NYSE:INN) to post sales of $106.79 million for the current quarter, according to Zacks. Four analysts have released earnings estimates for Summit Hotel Properties. The highest sales estimate is $109.98 million and the lowest is $104.40 million. Summit Hotel Properties recorded sales of …

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City Authorities Give Their Opinion on Future of Lighthouse Inn Site | News

NARRAGANSETT, RI – With a key state deadline looming this week in efforts to redevelop the former Lighthouse Inn property in the Galilee, city officials have decided to tape up a promotional film describing their vision of the site. The four-minute video, produced by Thomas Mann Creative Services, sums up …

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Mirage Hotel, casino in Las Vegas sold to Hard Rock International for $ 1 billion – FOX13 News Memphis

LAS VEGAS – The Mirage, an iconic part of the Las Vegas Strip for more than three decades, is being sold by MGM Resorts International to Hard Rock International, the two companies announced Monday. >> Read more trending news Hard Rock will pay $ 1.075 billion in cash to acquire …

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Mirage Hotel, casino in Las Vegas sold to Hard Rock International for $ 1 billion – KIRO 7 news Seattle

LAS VEGAS – The Mirage, an iconic part of the Las Vegas Strip for more than three decades, is being sold by MGM Resorts International to Hard Rock International, the two companies announced Monday. >> Read more trending news Hard Rock will pay $ 1.075 billion in cash to acquire …

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Mirage Hotel, casino in Las Vegas sold to Hard Rock International for $ 1 billion – WHIO TV 7 and WHIO Radio

LAS VEGAS – The Mirage, an iconic part of the Las Vegas Strip for more than three decades, is being sold by MGM Resorts International to Hard Rock International, the two companies announced Monday. >> Read more trending news Hard Rock will pay $ 1.075 billion in cash to acquire …

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Las Vegas Mirage Hotel and Casino Sold to Hard Rock International for $1 Billion – Action News Jax

LAS VEGAS — The Mirage, an iconic property on the Las Vegas Strip for more than three decades, is being sold by MGM Resorts International to Hard Rock International, the two companies announced Monday. >> Read more trending news Hard Rock will pay $1.075 billion in cash to acquire the …

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Summit Hotel Properties, Inc. (NYSE: INN) Receives Brokerage “Hold” Consensus Rating

Shares of Summit Hotel Properties, Inc. (NYSE: INN) have received a consensus rating of “Hold” from the six analysts who currently cover the company, reports MarketBeat Ratings. Two analysts rated the stock with a sell recommendation, one gave a hold recommendation and two gave the company a buy recommendation. The …

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Hotel Port Appin, restaurant sold

A HIGHLAND hotel and restaurant that has been described as a “much sought after property” has been sold. Commercial real estate specialists Colliers, along with Christie and Co as joint agents, sold the Airds hotel and restaurant in Port Appin for an undisclosed sum to a Scottish buyer on behalf …

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IHG Hotels & Resorts and BPEA Real Estate launch Holiday Inn Express brand in Japan with opening in Osaka in 2021

Through: Holiday Inn Express | 1 actions 45 readings December 02, 2021 // Franchising.com // IHG Hotels & Resorts brings one of the world’s largest and most beloved brands, Holiday Inn Express, to Japan for the first time with the opening of Holiday Inn Express Osaka City Center Midosuji in …

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IHG Hotels & Resorts launches Holiday Inn Express brand in Japan with opening in Osaka in 2021

IHG Hotels & Resorts is bringing one of the world’s largest and most beloved brands, Holiday Inn Express, to Japan for the first time with the opening of Holiday Inn Express Osaka City Center Midosuji in December of this year. Following a landmark agreement with owner Baring Private Equity Asia, …

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Glasgow Premier Inn Hits £ 8.5 Million | Item

The Premier Inn Glasgow City Center was marketed on a going concern basis with a guide price of £ 8.5million. Christie and Co, a consultant specializing in commercial real estate, was tasked with marketing the hotel “free and clean from the current brand image”. He said this presents “a unique …

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SM Prime: Park Inn by Radisson Bacolod Welcomed the Holiday Season with New Art Gallery and Tree Lighting Ceremony

(LR) Park Inn by Radisson Bacolod lights up the holiday season with its Christmas Tree Lighting Ceremony, led by the Executive Vice President of SM Hotels & Conventions Corp. Ms. Peggy E. Angeles, Administrator of the City of Bacolod Atty. Edward Cuansing and Park Inn by Radisson Bacolod, General Manager, …

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Nobu, backed by Robert De Niro, will open a hotel, restaurant and residences in Al Khobar, Saudi Arabia

A new Nobu mixed-use development comprising a hotel, restaurant and residential accommodation will open by 2024 in Al Khobar, in the Eastern Province of Saudi Arabia. The newly announced project will be the second in the kingdom, following the Nobu Hotel which opened in Riyadh earlier this year. Nobu was …

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Landing of a dream hotel-casino next to the Las Vegas airport

After facing concerns about potential illegal drone flights, laser lights, gunfire attacks, and even bombs hidden in garbage trucks, the developers broke a big hurdle this week in their quest to build a resort. next to Las Vegas airport. The Clark County Commission on Wednesday voted 6 to 1 to …

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Sioux City Rodeway Inn being demolished | Local News

SIOUX CITY – Demolition is underway at a long-standing hotel in Sioux City. The Rodeway Inn & Conference Center complex at 1401 Zenith Dr. had been left empty and barricaded for three years before the demolition crews arrived this fall. The hotel adjacent to Interstate 29 was built in 1962 …

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Club Motor Inn Narrabri Sold by Manenti Quinlan & Associates

Ray Larkin Director Manenti Quinlan & Associates announces the successful sale of Club Motor Inn, Narrabri, having been exclusively appointed by Alan Hayes of Hayes Advisory as Administrator of the Acts of Narrabri Bowling Club Ltd (subject to the company agreement). Narrabri is located in the heart of the Namoi …

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BOKA Powell Expands Hotel and Resort Design Practice

BOKA Powell Architects has expanded its international hotel and resort design practice with the addition of a design studio led by Michael Crosby, an acclaimed South African architect with over 35 years of global experience. Crosby joins BOKA Powell as an associate director in the firm’s Dallas office. Crosby will …

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Four million hotel and restaurant workers have lost their jobs. Here’s how they reinvent themselves.

The butler became a grocery store manager. The conference coordinator works at a software company. And the boss of hotel sales is now in marketing. Workers in American hotels, restaurants, bars and convention centers have been among the hardest hit during the Covid-19 pandemic. Closures and lack of travel have …

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Borgata Hotel Casino & Spa to improve the hotel and guest experience

“Borgata’s commitment to real estate growth and development is unrivaled in Atlantic City,” noted Marcus GloverPresident and Chief Operating Officer of Borgata Hotel Casino & Spa. “Reinventing our business has been a core tenet since our beginnings in 2003, and we look forward to continuing to develop the kind of …

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Corinthia to obtain DB terms for six-star luxury resort

Maltese MPs are asked to drop the condition for Corinthia hotels in St George’s Bay that any hotel development be done solely for “tourist” purposes, in order to develop a luxury hotel and a mixed project. The Corinthia chain, which is owned by International Hotel Investments (IHI) will be granted …

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Waldorf Astoria to Open New Resort in Miami, Florida

A new skyscraper will radically change the iconic downtown Miami skyline and introduce the city to one of the world’s most famous luxury hotel brands. The Waldorf Astoria Hotel and Residences Miami, which will be located at 300 Biscayne Boulevard, will mark the debut of the Waldorf Astoria brand in …

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Titanic-themed resort opens in Turkey

The great Titanic leaving Southampton on her ill-fated maiden voyage on April 10, 1912, carrying 2,223 passengers and crew The tragic story of the RMS Titanic was turned into an Oscar-winning film in 1997 starring Leonardo DiCaprio and Kate Winslet The RMS Titanic sank in the North Atlantic Ocean on …

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