Kimpton Adds Resorts, Goldman Sachs Buys Resorts
Skift Take
- Kimpton’s first-ever resort in the Western Caribbean is officially opening this summer, with the debut of the new Kimpton Grand Roatan in the Bay Islands of Honduras.
- According to The Wall Street Journal, Goldman Sachs is investing between 150 million and 200 million euros in three seaside resorts in the northern region of Halkidiki.
- Key International completed the purchase of The Perry Hotel on the waterfront in Key West, FL as part of an ambitious expansion of its $2 billion portfolio.
The DJIA rose 327 points while Nasdaq was down 32, the S&P 500 was up 15 points and the 10-year treasury yield was down .06 to 3.43%. Lodging stocks were mixed. SOND fell another -7% to another all time low. VCSA was down -5% on the day.
SSN Hotels is asking the local planning board to approve the construction of two hotels on Hurffville Road in Deptford, NJ. The proposed hotels, a TownePlace Suites by Marriott and Home2 Suites by Hilton would be located next to a Courtyard by Marriott Hotel and near a Hampton Inn and Suites.
Key International completed the purchase of The Perry Hotel on the waterfront in Key West, FL as part of an ambitious expansion of its $2 billion portfolio. CBRE Hotels in Miami, alongside CBRE Marina Investments, represented the sellers, SIMV Hotel 1 LLC and Longstock II, LLC, in the transaction. Located on Stock Island, The Perry Hotel offers 100 rooms, two outdoor pools and two restaurants. Key International selected EOS Hospitality to manage the hotel. Within the same community, adjacent to The Perry Hotel, is The Perry Marina which was simultaneously acquired in a separate venture by Integra Marinas. The 288-slip marina will be operated independently.
Kimpton Hotel Fontenot, located in the heart of New Orleans’ CBD, has completed its expansion into the historic building next door. The new addition includes over 12,000 square feet of flexible meeting and events space, 33 new guestrooms and suites and a new French brasserie. The fully opened hotel now occupies both 501 and 521 Tchoupitoulas Street and offers 235 rooms, multiple ballrooms, events space, and three restaurant and bar concepts.
Concord Hos
