Courtyard by Marriott Atlanta Alpharetta/Avalon Area
Alex. Brown Realty and Hotel Development Partners Sell Courtyard Atlanta Alpharetta/Avalon Area Hotel
Alex. Brown Realty | February 23, 2022
BALTIMORE, MD - February 23, 2022 - Alex. Brown Realty (ABR) and Hotel Development Partners (HDP) are pleased to announce the sale of the Courtyard by Marriott Atlanta Alpharetta/Avalon Area to an entity backed by JMREI and Lionshead Capital Partners. The Atlanta team of Hodges Ward Elliott brokered the transaction. The ABR/HDP joint venture developed the 115-room Courtyard, which opened in early-2019. “We are proud to have brought this state-of-the-art Courtyard to Alpharetta. It was extremely well-received and is among the finest examples of the Courtyard brand,” said Allen O'Brien, CEO of HDP. Hotel Equities, an affiliate of HDP, ...
RIU Hotels & Resorts Plans Two Property Development on Recently Acquired Site in Pointe Sarène Area on Senegal’s West Coast
RIU Hotels & Resorts | June 3, 2019
Palma de Mallorca, 3 June 2019 The international chain's investment in Pointe Sarène amounts to 150 million euros The project will take place as part of the local authorities' drive to develop tourism in this destination The RIU Hotels & Resorts chain has announced the purchase of a 25-hectare site in the Pointe Sarène area on Senegal's west coast, a paradise destination that is in the midst of the tourist development process. With it, the chain strengthens its commitment to the continent of Africa, where it already owns six hotels (five in Cape Verde and one in Tanzania) and runs a further five hotels in Morocco. The plan...
