Westcliff, a Montreal-based real estate development and management company, has completed its acquisition of the Champlain Place mall in Dieppe, New Brunswick. Located on a 60-acre site, the 784,372-square-foot Champlain Place is the largest shopping center in New...
A historic hotel in downtown San Jose was sold for roughly half the price of its previous ownership transfer. SiliconValley.com reported the Hotel De Anza was acquired for $11.5 million by an ownership group led by Dhaval Panchal, a Northern California hotelier. The...
Hyatt Hotels Corporation (NYSE: H) is partnering with the Spanish tourism firm Grupo Piñero on a joint venture to manage the Bahia Principe-branded hotels and resorts and own the Bahia Principe brand. The joint venture encompasses 23 resorts totaling over 12,000...
The lodging franchisor Wyndham Hotels & Resorts has teamed with Reside, a residential hospitality management company, on a 10-year development relationship that brings five residence-style hotels that are open or under development to the Wyndham Residence brand...
The New York City Council has voted to create a new licensing program for hotels. Hotel Management Network reports the newly passed Safe Hotels Act will require hotel operators to obtain a two-year operating license for a $350 fee. Hotels must also maintain front desk...