ATLANTA — You might have missed it, but according to Kevin Davis, Americas CEO of JLL Hotels & Hospitality Group, the next lodging cycle is already underway and it’s anticipated to be heady on the transactions ahead. “On the surface, it doesn’t appear like a lot os going on, but there are lots of deals behind the scenes that will
Marriott International signs an agreement with Gurnani Resorts & Hotels to debut the Ritz-Carlton in Jaipur
Marriott International, Inc. signed an agreement with Gurnani Resorts & Hotels to introduce its globally acclaimed The Ritz-Carlton brand in Jaipur, Rajasthan. Anticipated to debut in January 2028, the 250-key resort will bring its legendary service and classic modern design to the iconic ‘Pink City of India’. The Ritz-Carlton,
Redevco and SFP team up for €300m Iberian hotel investment
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Hilton Buys Graduate Hotels for USD 210 Million
As reported by Reuters, Hilton revealed its acquisition of Graduate Hotels from Adventurous Journeys Capital Partners for USD 210 million on Thursday. This move marks Hilton’s first brand purchase in over two decades and comes amidst increasing pressures in the hotel industry, which have created opportunities for consolidation. Hilton see