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Six Senses
opening resort in Telluride. IHG Hotels & Resorts is opening a Six Senses resort
in Telluride, Colorado, in 2028. The Six Senses Telluride will feature 77 rooms
and 24 branded residences and will be IHG’s first luxury resort in North
America’s Mountain West region upon its opening. Golden, Colorado-based The
Vault Home Collection is working with IHG to develop the property. Six
Senses has 27 hotels and resorts open worldwide, including 40 in its pipeline.
Wyndham
opening huge project in Thailand. Wyndham Hotels & Resort is opening a 2,000-key hotel and
condo project near Hua Hin in Thailand in 2025. When completed, the Ramada
Plaza by Wyndham Hua Hin Cha-am will become the largest Wyndham hotel in Asia.
It is scheduled to open in the second quarter of 2025. The project is in the
Cha-am district in western Thailand.
Star Asia
acquires four in Japan. Toyko-based REIT Star Asia Investment Corp. has acquired three hotels in
Tokyo and one hotel in Osaka for a total of JPY 34.6 billion, according to HVS.
The three Tokyo-based hotels are the 188-key Koko Hotel Tsukiji Ginza for JPY17 billion, the 42-key Koko Hotel Residence Asakusa Tawaramachi for JPY8.9
billion, and the 47-key Koko Hotel Residence Asakusa Kappabashi for JPY6.7
billion. The Osaka hotel is the 211-key Koko Hotel Osaka Shinsaibashi, which
was acquired for JPY11.7 billion. Polaris Group, a subsidiary of Star Asia,
operates the hotels.
MA
Financial sells in Australia. Sydney-based MA Financial Group has sold the Mantra Bathurst
Hotel in Australia to an undisclosed local owner-operator for AUD13 million,
according to HVS. The 50-key Mantra Bathurst represents a 34% increase over its
acquisition price in 2021.