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Minutes away from the heart of Kuala Lumpur’s Golden Triangle, The RuMa Hotel and Residences officially opened its doors as the latest luxury hotel and residences by Urban Resort Concepts (URC).

Hilton Garden Inn Washington D.C. Downtown

Xenia Hotels & Resorts, Inc. has sold the 300-room Hilton Garden Inn Washington D.C. Downtown for $128 million, or approximately $427,000 per key.  The sale price represents a 15.2x multiple and a 5.8% capitalization rate on the hotel's trailing twelve month Hotel EBITDA and net operating income as of October 31, 2018, respectively.

Steigenberger Pure Lifestyle hotel in Hurghada

Steigenberger Hotels and Resorts is growing its portfolio in Egypt. The Steigenberger Pure Lifestyle in Hurghada has now become the twelfth of the brand’s hotels to open in the country.

300*250 EN V.2