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Radisson Hotel Group Adds Six Hotels and Conversions in the Americas

Radisson Hotel Group Adds Six Hotels and Conversions in the Americas

MIAMI—At its Americas Business Conference in Miami, Radisson Hotel Group introduced six hotels set to join its Americas portfolio, which include one Radisson RED and three Radisson Blu hotels. The announcement aligns with

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Equinox to Open in NYC; Plus More Hotels in Gateway Cities

Equinox to Open in NYC; Plus More Hotels in Gateway Cities

NATIONAL REPORT—From the Big Apple to the Windy City and beyond, hotels are popping up in gateway cities in the U.S. Here’s a look at what’s now open or soon-to-open in these major markets:

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Marriott International Targets 1,000 Properties in Asia Pacific by End of 2020

Marriott International Targets 1,000 Properties in Asia Pacific by End of 2020

From the 15th Hotel Investment Conference - South Asia, Marriott International (NASDAQ: MAR) today announced its continued expansion plans in Asia-Pacific with its 2020 vision - an aggressive target to have 1000 hotels open by the end of 2020. This vision also could create up to 50,000 more job opportunities for the region.

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Dorchester Collection’s first Dubai hotel opening 2020

Dorchester Collection’s first Dubai hotel opening 2020

Omniyat Group has announced the construction of ultra-luxury hospitality brand Dorchester Collection’s first property in the Middle East is well on schedule, with works expected to be completed by end of 2020. The project was first launched by the company at its exquisite gala dinner held under the DIFC gates in March last year.

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Apple Hospitality REIT Sells Nine Hotels for $95 Million

Apple Hospitality REIT Sells Nine Hotels for $95 Million

Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the completion of the sale of nine hotels for a total sales price of $95 million on March 28, 2019. The Company had previously announced the contracts for the sale of the Portfolio. The Company used the sale proceeds to reduce the outstanding balance of its revolving credit facility and anticipates recognizing a gain on the sale in the first quarter of 2019.

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