Guest rooms at the Hilton San Antonio Hill Country and Hyatt Regency Hill Country Resort...
Affiliates of Certares and HRI Hospitality bought the Hilton San Antonio Hill Country hotel last month from New York-based Goldman Sachs.Affiliates of New York-based Certares and New Orleans-based HRI Hospitality LLC bought the Hilton San Antonio Hill Country hotel last month from New York-based Goldman Sachs.
Its rooms and public areas will “undergo comprehensive renovations,” according to an announcement. A spokesperson didn’t respond to an inquiry about the cost of improvements. The activity at Hilton- and Hyatt-flagged properties — both within a couple of miles of SeaWorld San Antonio — comes as the local lodging industry continues to recover from the effects of the COVID-19 pandemic.
Revenue per available room, a key measure of hotels’ performance, was also higher. It rose to $67.21 in the fourth quarter, up from $35.25 a year earlier and $67.07 two years earlier.New York-based KKR & Co. last month bought Corner Ridge Crossing, a 576,047-square-foot industrial park with four buildings outside Loop 410 in northeast Bexar County.
The first three months of 2022 marked the sixth consecutive quarter that demand for industrial space exceeded supply, according to a report by commercial real estate services firm NAI Partners.
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