development agreement
Radisson Hotel Group Signs Master Development Agreement With SM Hotels & Conventions
Radisson Hotel Group | April 26, 2023
SMHCC develops and manages the hotel and convention properties of SM Prime Holdings, Inc. (SMPH), one of the largest integrated property developers in Southeast Asia. This latest agreement builds on the long-term partnership between these two forward-thinking companies, which commenced in November 2010 with the launch of Radisson Blu Cebu and the opening of five Park Inn by Radisson hotels over the last decade. As part of the strategic alliance, both Radisson Hotel Group and SMHCC drive the expansion of its Philippines portfolio through the Radisson Blu, Radisson and Park Inn by Radisson brands, which will be built alongside its integrated...
Hyatt Partners With Exacorp One to Bring Thompson Hotels Brand to Spain
Hyatt Hotels Corporation | February 22, 2022
CHICAGO, IL - February 22, 2022 - Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with Exacorp One S.L. for the first Thompson Hotels property in Spain: Thompson Madrid. Slated to open in Summer 2022, the 175-room luxury lifestyle hotel will mark a significant milestone for Hyatt as the brand celebrates its thoughtful growth in Europe with its debut in Spain. Perfect for both business and leisure guests, Thompson Madrid will be located in the centre of the new Golden Mile of Madrid, and steps away from the most visited icons of the city, Puerta del Sol and the eclectic Gran Vía st...
Radisson Hotel Group Signs With Stenson Investments Limited for Radisson Blu Hotel in Cyprus
May 13, 2019
Brussels/Nicosia - May 13, 2019 - Radisson Hospitality AB, part of Radisson Hotel Group, is proud to announce its entry into the capital city of Cyprus with the signing of the Radisson Blu Hotel, Nicosia. Building on an already-successful partnership, the new deal with Stenson Investments Limited as a subsidiary of Quality Group is part of the master development agreement with Sunnyseeker Hotels to develop a minimum of six hotels and resorts, bringing almost 1,000 rooms into operation by 2025. The Radisson Blu Hotel, Nicosia will be located on Salaminos Road in the city center, and walking distance from attractions such as the Aqueduct ...
