The joint venture partnership behind Mix Manchester has confirmed Manchester City Council has taken a 30% stake in the development and existing shareholder Greater Manchester Pension Fund has increased its share from 10% to 30%.
Hotel construction activity is strong across the Carolinas, with nearly 7,700 rooms under construction across roughly 70 properties and over 20,000 rooms in final planning. Some 22 projects are expected to open by year-end, accounting for just over 2,200 rooms.
With construction crews pouring concrete for its rooftop, the 12-story Kali Hotel has topped out at Hollywood Park, positioning Inglewood’s $300 million hospitality project to open ahead of the city’s Super Bowl and Olympics.
Entering the lobby of the Hilton Arlington Rosslyn The Key in Northern Virginia, the eyes of guests are immediately drawn to faux fireplaces and expansive lounge seating.
San Francisco is still a long way from its freewheeling pre-pandemic boom times of record tourism and booked hotels, but city officials aren't wasting time acting on the city's nascent economic recovery after several years in the doldrums.
The city of Dallas is seeking eminent domain on a tract of land adjacent to the former Dallas Morning News building to make way for what is expected to be a $3.7 billion expansion and re-orientation of the downtown convention center.
An analysis of the top 10 largest hotel markets in the Northeast year to date, in terms of room inventory, revealed that most areas had subdued levels of construction through July. In aggregate, the number of rooms under construction as a percentage of supply across the top 10 Northeastern metropolitan areas was 1.5%, well below the national average of 2.4%. New York was the lone exception, as the level of construction in America’s largest city was 5.7% of its existing supply.
The Miami metropolitan area has thousands of multifamily units under construction, many of them with short-term rental flexibility, and that makes the city one of Airbnb’s favorite markets, said Jesse Stein, the company’s global head of real estate.
The first-born of a family adventure, the Hôtel Massé has just opened at 32 bis, rue Victor-Massé, in Paris's 9th arrondissement. The 4-star establishment offers 40 rooms and an independent bar-restaurant, Le Trente Paris, in a Haussmann building renovated by the Olivier Guyot studio. Interior design was entrusted to Gasparetto Parenti, a young agency created in 2018, which has imagined a minimalist yet refined decor.
At Maison&Objet, Accor unveiled the winners of the 9th Accor Design Awards. This edition focused on the Group's founding brand, Novotel, and its international partnership with the World Wildlife Fund WWF France.