Investors Bid up to US$5.8B for 15 U.S. Anbang Hotels

Main Photo: The Essex House, New York Date: May 2019 Location: Across the USA Name: Several including the Fairmont Scottsdale, several Ritz-Carlton properties (including those in Half Moon Bay near California’s Silicon Valley), several Four Seasons hotels, the JW Marriott Essex House on Central Park South in New York City, the InterContinental in Chicago and the…

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Hotel Investment in Spain Reached €4,860m in 2018 According to Christie & Co’s Latest Report

Main Photo: Hotel Investment Overview Spain 2018 Location: Spain Who: Christie & Co, Spain What Did They Say: 2018 was a record year for hotel investment at €4,860m in a total 223 transactions (surpassing the 185 transactions registered in 2017), which represents an average price per room of €128 and an increase of 24.6% of the total volume of investment…

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Will MGM and Caesars Merge?

Date: November 2018 Location: mainly USA, mainly Las Vegas What: MGM has hired investment bank Morgan Stanley as well as the law firm Weil, Gotshal & Manges, to study the potential for a merger with Caesars Entertainment, a gaming source told the New York Post on Monday.

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