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Hotel Development News Page 2

Choice Hotels Wyndham Merger

Choice Ends Wyndham Tender Offer

Wyndham Hotels & Resorts (NYSE: WH) today commented on the expiration of Choice Hotels International, Inc.'s (NYSE: CHH) exchange offer and its decision to withdraw its slate of nominees for election to Wyndham's Board of Directors at the 2024 Annual Meeting of Shareholder.





Hotel Development Poland

168 Room TRIBE Kraków Stare Miasto to Open 2025 in Poland

Acco today announces the signing of the 168-room TRIBE Kraków Stare Miasto in Poland. Expected to open in 2025, the new construction hotel will be located in the centre of Kraków, and will be the first hotel under the lifestyle TRIBE brand in the country.




Marriott Bonvoy

MGM Collection with Marriott Bonvoy Brand Launches

MGM Collection with Marriott Bonvoy, the brand created by MGM Resorts International and Marriott International, is now accepting reservations for 16 hotel and resort destinations on Marriott.com and the Marriott Bonvoy app.


Hotel Development Dubai

Waldorf Astoria Residences Dubai Downtown to Open in 2028

Hilton (NYSE: HLT) and NABNI Developments have announced plans for Waldorf Astoria Residences Dubai Downtown, set for completion in 2028. Waldorf Astoria Residences Dubai Downtown will be the first-ever standalone Waldorf Astoria residential address outside of the United States.














Hotel Financing Manhattan

New York City Landmark Boutique Hotel, Casa Cipriani Receives $103 Million in Financing

Walker & Dunlop, Inc., Capital Markets announced yesterday that it arranged a $103 million commercial mortgage-backed security (CMBS) loan with Citigroup, J.P. Morgan, and Argentic to facilitate the refinancing of Casa Cipriani, a boutique hotel, private members club, and event space located at 10 South Street in New York, NY.



Hotel Development Prague

The Mozart Prague Hotel to Join Sofitel Legend Brand in 2027

Accor and Courbet, chaired by Jean-François Ott, today announced an agreement that will see Accor assume management of The Mozart Prague hotel. Following an extensive renovation, the iconic hotel will join the Sofitel Legend brand, a collection of historic luxury hotels.



H World International

Deutsche Hospitality Rebrands to H World International

Deutsche Hospitality is rebranding to H World International to drive the expansion of its ownership group, H World, outside of China. All of H World International's brands will be part of the H Rewards global loyalty program and online booking platform.