Leonardo acquires Haymarket Hotel: The European arm of Fattal Hotels Group, Leonardo Hotels, acquired the Haymarket Hotel in Edinburgh, Scotland, for an unspecified “multi-million pound” amount. The hotel will also change its name as part of the deal.
Ritz-Carlton expands in China: The Ritz-Carlton Hotel Co. signed a management agreement with Zhongda Zhongfanxin Proprietary Co. Ltd, for The Ritz-Carlton, Xian. The 288-key property is expected to open in 2018.
Read more at Marriott’s website
BridgeStreet partners with Onefinestay: BridgeStreet Global Hospitality has announced a partnership with Onefinestay, giving Onefinestay access to BridgeStreet’s global client network. BridgeStreet’s global sales staff will represent Onefinestay’s collection, which will be available with BridgeStreet launches its new website in November.
Hurricane Matthew delays re-openings: Due to Hurricane Matthew, Sandals Royal Bahamian Resort in Nassau, Bahamas, has delayed its October 14 re-opening until October 25. Additionally, the Sandals Emerald Bay resort on the Bahamian “out” island of Exuma “requires more extensive repairs than initial estimates” and will be closed until December 15.
Honolulu project approved: The Honolulu City Council approved a US$700 million, 36-story mixed-use tower to be developed by Salem Partners. The tower will include a 125-room “ultra-luxury” hotel, 109 branded condos, and retail and dining space. Construction is scheduled to begin in 2017 and is set to be completed in 2020.
Airbnb’s landlord incentive: Airbnb’s incentive to landlords for extra revenue if they allow tenants to rent units on their site reportedly has “few takers.” According to The Wall Street Journal, landlords are wary about lawsuits, regulatory issues and neighbors.
Read more at The Wall Street Journal