Rosewood to Bring Its Branded Residences to Florida
Skift Take
- Rosewood Hotels & Resorts announced Rosewood Residences Hillsboro Beach, located two miles from both Boca Raton and Pompano Beach, Florida.
- The Vinoy Resort and Golf Club, Autograph Collection has completed the initial phase of a comprehensive renovation led by Rockwell Group.
- Simon Property Group purchased the Hampton Inn & Suites at Phillips Placefrom Phillips Place Hotel Investors for $42 million.
The DJIA was up 3 points while Nasdaq was up 91, the S&P 500 rose 15 points and the 10-year treasury yield was flat at 3.29%. Lodging stocks were mostly higher. ABNB completed a lousy shortened week, down another -5% with even CNBC discussing how poorly the stock is trading. SOND traded down to another new low before bouncing a bit and SHCO rebounded 6%.
The Vinoy Resort and Golf Club, Autograph Collection has completed the initial phase of a comprehensive renovation led by Rockwell Group. The renovation includes the Vinoy’s legendary Veranda; refined grand lobby; elegant guest rooms; historic ballrooms and meeting spaces; diverse international dining experiences; and a new spa and wellness area. The renowned hotel is listed on the U.S. National Register of Historic Places, a member of Historic Hotels of America, and is the only Autograph Collection Hotels property in St. Petersburg, Florida.
H2H Properties is planning to build a TownePlace Suites hotel in the Cal Park area of Chico, California. The Marriott branded property will be four stories with a 117-space parking lot.
Simon Property Group purchased the Hampton Inn & Suites at Phillips Place from Phillips Place Hotel Investors for $42 million. The 124-room hotel is steps away from the SouthPark mall in Charlotte, North Carolina.
Rosewood Hotels & Resorts, in partnership with Related Group
