Portfolio Additions
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New Waterloo Opens Cincinnati’s Fidelity Hotel
caption and credit: The Vanderbilt Ballroom at Cincinnati’s Fidelity Hotel, a 165-room lifestyle hotel now open in downtown Cincinnati. (Photo by Ali Harper) New Waterloo Opens Cincinnati’s Fidelity Hotel CINCINNATI — New Waterloo has opened Cincinnati’s Fidelity Hotel, a 165-room…
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Design Hotels Expands U.S. Portfolio With 16 Palisociety Hotels
BERLIN — Design Hotels has entered into agreements with the owners of 16 hotels operated by Los Angeles-based Palisociety, marking the largest portfolio addition in Design Hotels’ history. The hotels, located across nine U.S. destinations, represent more than 1,000 keys.…
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The Bower Coronado Joins Small Luxury Hotels of the World
CORONADO, Calif. — The Bower Coronado, a 39-room boutique hotel in Coronado, Calif., has joined Small Luxury Hotels of the World. The membership is SLH’s first in Coronado. Small Luxury Hotels of the World includes more than 700 independently owned…
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Marriott Completes Joint Venture to Add Lefay to Global Portfolio
Marriott International has completed a joint venture with the Leali family, founders of Lefay, bringing the Italian luxury wellness hospitality brand into Marriott’s global portfolio. The joint venture owns the Lefay brand and intellectual property assets, while the brand’s founders…
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NewcrestImage Acquires Graduate by Hilton in Tempe
TEMPE, ARIZ. — Dallas-based NewcrestImage has acquired Graduate by Hilton in Tempe, a 140-room hotel adjacent to Arizona State University and less than 5 miles from Phoenix Sky Harbor International Airport. The seven-floor hotel serves demand from the university, nearby…
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The Ivory Opens 48-Room Boutique Hotel in Los Angeles’ Koreatown
LOS ANGELES — The Ivory, a 48-room boutique hotel in Los Angeles’ Koreatown neighborhood, is now welcoming guests. The hotel, located at 457 S. Mariposa Ave., was founded by developer and hospitality operator Rachel Gerstein. Rates start at $375 per…