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News in brief: Fairmont, Mövenpick, Meliá

Fairmont Orchid sold: The Fairmont Orchid in Hawaii was sold to Mirae Asset for US$200.3 million. Oaktree Capital Management and an affiliate of Woodbridge Capital Partners were the sellers.

Read more at Pacific Business News

 


Langham develops in Hefei: Langham Hospitality Group signed an agreement with Anhui Land Investment Company to develop and manage The Langham hotel in Hefei in the Anhui province of China. The Langham, Hefei is scheduled to open in 2016.

Read more at Langham’s website

 


Mövenpick expands Morocco portfolio: Mövenpick Hotels & Resorts will open its thried property in Morocco. Mövenpick Hotel & Palais Des Congrès, Marrakech will soft open in later in 2015.

 


Meliá grows in the Middle East: Meliá Hotels International has announced two new properties in the Middle East: ME Doha and Meliá Downtown Residences Dubai.  ME Doha will feature 235 guestrooms and is set to open in 2017. Meliá Downtown Residences Dubai will open in 2018 and includes 258 residential units.

Read more at Meliá’s website

 


Alila to launch three new properties: Alila Hotels & Resorts will launch three new properties later in 2015. Alila Seminyak Bali will open in September, Alila Solo in Java will open in October and Alila Anji will also open in October. Alila Anji will be Alila’s first property to open in China.

Read more at Alila’s website

 


Accor expands in Treasure Bay Binton: Landmarks Berhard enered into a joint venture agreement with ML Hotel Investments to own and operate a Mercure and ibis Budget hotel expected to open in 2017. The hotels will be managed by Accor Group.

 


Hollywood Roosevelt returns to independent: David Chang and Goodwin Gaw, owners of the Hoolywood Roosevelt Hotel, have once again taken over the management reigns of the property. The boutique hotel recently underwent a US$25 million room renovation by Yabu Pushelberg.

Read more at PR Newswire

 


Antwerp Radisson Blu and Park Inn sold: Elbit Imaging Ltd. exchanged contracts to sell the Radisson Blu and the Park Inn Hotels in Antwerp, Belgium, to KKR for €48 million (US$54.3 million).

Read more at Europe Real Estate

 

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