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Hyatt to buy Birmingham property

CIT Magazin 07.11.2012
Hyatt to buy Birmingham property

Hyatt Hotels Corporation has purchased the Hyatt Regency Birmingham hotel for around £26m ($43m).

Tourism Up, Hotel Investors Flock to Miami Beach

Real estate investors seem to be flocking to Miami Beach, in hopes of capturing part of the market’s resurgent tourism industry by acquiring, or by expanding their investments in, the limited supply of hotel properties.

A Building Boom in New York Hotel Rooms

The New York Times 10.10.2012
A Building Boom in New York Hotel Rooms

Defying the sluggish global economy, New York’s hotel sector is growing at a record-breaking pace.

Emaar to build another Address Hotel in Dubai

Dubai: Emaar Properties will build the sixth addition to its The Address Hotels — The Address The BLVD, a five star premium hotel and serviced residences, the property developer announced Sunday.

East India Hotels to manage Reliance property in Navi Mumbai

KOLKATA: East India Hotels (EIH), which owns and manages the Oberoi and the Trident brand hotels, would enter into a management contract with Reliance for the latter's property in Navi Mumbai, chairman P R S Oberoi said today.

Asia Buyers Snap Up Australian Hotels As Mining Boom Fills Rooms

Sales of Australian hotels to offshore buyers set a record in the first half as Asian companies including Shangri-La Asia Ltd. (69), Starhill Real Estate Investment Trust (STRH) and Langham Hospitality Group were lured by rising occupancy and room rates.

Park Hyatt’s First Thailand Property to Open in Bangkok Park Hyatt’s First Thailand Property to Open in Bangkok

Hyatt Hotels has just announced that they are building an architecturally stunning new Park Hyatt in the center of Bangkok’s business district. The new hotel will feature a twisting coil for the combined hotel and retail complex.

Bakrieland forecasts Rp110 billion in sales for new Bali resort

Bakrieland Hotels and Resorts, part of Bakrieland Development expects around Rp110 billion (US$13 million) in revenue this year from pre-sales of units at its latest planned resort in Bali.

ASCOTT APPOINTS NEW COUNTRY GENERAL MANAGER TO STRENGTHEN ITS LEAD IN THAILAND

CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited, has appointed Mr Mark Chan as its new Country General Manager for Thailand with effect from 1 May 2011. Mr Chan will oversee Ascott’s operations and grow its serviced residence business in Thailand.

Property Report TV: Thai designs to the world with dwp

Property Report TV attended Thai architecture and design firm dwp’s annual showcase at the Sukhothai Hotel in Bangkok, where editor Jules Kay interviewed dwp CEO Brenton Mauriello.


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