Värde Partners completes sale of luxury hotel group The Dedica Anthology

Värde Partners, a leading global alternative investment firm, today announced the successful completion of its previously announced sale of a portfolio of eight luxury hotels operating under The Dedica Anthology brand (“Dedica”) to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio comprises eight luxury full service independent hotels with an aggregate of 1,115 rooms located...

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Renowned Empress Hotel on Victoria’s waterfront to close for 3 months to complete major renovations

Victoria’s renowned 112-year-old Empress Hotel will be out of commission this winter. Fairmont Hotels and Resorts announced late Monday that the hotel will close completely for 87 days, starting Jan. 3, to complete a necessary $3-million renovation to its heating system.  A release from Fairmont Hotels and Resorts says there’ll be “periods of time where the building will be without heat...

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SO/ Hotels & Resorts introduces the SO/ Wellness Experience, an upbeat new well-being philosophy for adventurous trendsetters in pursuit of the “have-it-all” lifestyle

The brand’s new wellness and lifestyle concepts will be piloted at the avant-garde SO/ Vienna in advance of a wider global roll-out PARIS, Nov. 12, 2019 /PRNewswire/ – SO/ Hotels & Resorts[1], an exclusive lifestyle brand from Accor[2] that features fashionable hotels exhibiting a distinctively rebellious interpretation of luxury, is pleased to announce a vibrant new wellness program designed for...

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