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Starwood reports strong NA growth, uptick in midscale development   29 May, 2015

Starwood Hotels & Resorts Worldwide is on a hot streak. That's according to the company, which said it has achieved its strongest first five months of the year for deal signings since 2008. This year, Starwood will reach its 600th hotel milestone in North America, which remains the company’s...More>>

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Assila Investments signs MOU for debut Saudi Arabia Shangri-La   29 May, 2015

Slated to open in early 2018, the Shangri-La in Jeddah will be the brand's first in Saudi Arabia.More>>

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With new deals, Marriott looks to expand in Middle East, Africa   29 May, 2015

President and CEO Arne Sorenson outlined regional growth plans that aim to grow the company’s MEA portfolio to over 240 properties by 2020, with plans to add roughly 80 properties and almost 16,500 rooms.More>>

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On location: La Quinta debuts new efficiency-focused prototype   28 May, 2015

Taking full advantage of every inch of usable space, La Quinta's new Del Sol prototype, which officially opened in College Station, Texas this week, is designed to maximize both ROI and efficiency. Hotel Management was there for the unveiling and files this report. More>>

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Starwood entering Myanmar with Sheraton brand   28 May, 2015

Starwood Hotels & Resorts Worldwide is making a big play in Southeast Asia with the announcement of a Sheraton planned for Myanmar. The 375-room Sheraton Yangon Hotel will be owned by Family Business Group Hotel Limited, and pushes the brand’s Asia-Pacific portfolio to 73 hotels and 37 resorts.More>>

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Accor to slow new hotel construction in Brazil    27 May, 2015

Reports are surfacing that Accor plans to slow construction of new hotels in Brazil this year, focusing instead on deals to convert independent hotels into franchisees in order to maintain growth in a weakening Brazilian economy.More>>

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​Banyan Investment Group, Investra Investments purchase Albany Hampton   22 May, 2015

The property will undergo a multi-million dollar renovation during the next few months that are reportedly expected to meet or exceed the architectural and design standards specified by Hilton Worldwide. More>>

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TRYP by Wyndham to enter the Philippines   22 May, 2015

Under the terms of the agreement with franchisee Microtel Inns & Suites (Pilipinas) Inc., at least eight TRYP by Wyndham hotels will be developed in the country over 10 years, with the first property expected to open at the Mall of Asia in Pasay City in 2016. More>>

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Oaktree Capital sells Hawaii's Fairmont Orchid for $200M   18 May, 2015

The Fairmont Orchid hotel on the Big Island of Hawaii has been sold to South Korea-based Mirae Asset, one of Asia’s largest independent financial services firms, for $200.3 million. Mirae Asset formed Maps Orchid Hotel LLC for the ownership of the hotel, and the sale reportedly closed on Friday.More>>

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Choice Hotels kicks off 2015 conference with strong numbers, legislative concerns   13 May, 2015

With a new logo and advertising plan in place, Choice Hotels is taking steps to improve guest retention. But new legislation concerns in Washington may change how franchise businesses make money.More>>



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