Blackstone completes sale of The Cosmopolitan of Las Vegas
Blackstone has announced that Blackstone Real Estate Partners VII L.P. has completed the previously announced sale of The Cosmopolitan of Las Vegas for $5.65 billion.
Hotel News
Hyatt announces plans for first Andaz Hotel in Mexico City
Hyatt Hotels has announced that a Hyatt affiliate has entered into a management agreement with Grupo Murano for a new luxury lifestyle hotel, Andaz Condesa Mexico City, to be located in Mexico City’s Condesa neighbourhood.
Marriott signs agreement with Sunwing to debut Royalton Splash Riviera Cancun
Marriott International has announced the signing of Royalton Splash Riviera Cancun to join its growing all-inclusive portfolio. Expected to open in late 2022, Royalton Splash Riviera Cancun will join the All-Inclusive by Marriott Bonvoy portfolio, which includes almost 30 immersive getaways in eight locations across the Caribbean and Latin America.
Mövenpick Hotel Jumeirah Village Triangle opens
Dubai’s newest family-friendly destination, Mövenpick Hotel Jumeirah Village Triangle has opened its doors. The new getaway destination is set in the heart of Jumeirah Village Triangle, and features 166 rooms and suites, with tech-savvy touches, accompanied by mesmorizing panoramic views of the Dubai skyline.
Mandarin Oriental Mayfair set for winter opening
Mandarin Oriental is expanding its presence in London with the opening of Mandarin Oriental Mayfair, London this winter. Sitting on historic Hanover Square, in the heart of London’s most stylish neighbourhoods, the new property promises to be a discreet, sleek and intimate sister property to the Mandarin Oriental Hyde Park.
Outrigger and Castaway named ‘Best of the Best’ by Tripadvisor
Outrigger Fiji Beach Resort and Castaway Island, Fiji Resort celebrated top recognitions in Tripadvisor’s 2022 Travelers’ Choice Awards.
Far East Hospitality pivots to Australian brands to accelerate growth
Far East Hospitality, one of the leading operators of hotels and serviced residences, today announces its pivot to the Australian market. The homegrown company, committed to transforming from a local mid-tier operator to a world-class manager of lifestyle brands, will be bringing contemporary Australian hospitality to Singapore through two established brands – Vibe Hotels and Adina
The Africa Hospitality Investment Forum returns to Morocco
The Africa Hospitality Investment Forum (AHIF) will return as an in-person event in 2022, taking place on 2 – 4 November, at the luxurious Fairmont Taghazout Bay (pictured), a five-star resort with leisure and business facilities, next to Agadir.
Africa Hospitality Investment Forum returns to Morocco
The Africa Hospitality Investment Forum (AHIF) will return as an in-person event in 2022, taking place 2-4 November, at the Fairmont Taghazout Bay, a five-star resort with leisure and business facilities, close to Agadir, Morocco.
Miraval The Red Sea to open on Saudi Arabia’s Shura Island
Hyatt has entered into a management agreement with The Red Sea Development Company for the opening of the Miraval The Red Sea, a 180-room luxury wellness resort on Saudi Arabia’s Shura Island.
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