Brands
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Nashville Magnuson hotel sells for $4.8M, to rebrand as Quality Inn   24 Oct, 2014

A Nashville hotelier has paid $4.8 million for the 172-room Magnuson Hotel Downtown North Nashville, with plans to rebrand it as the Quality Inn Downtown Nashville. The buyer, Sam Zaveri, plans to spend an additional $2 million on renovations, including upgrades to the rooms, lobby, ballrooms and...More>>

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Carlson Rezidor extending Radisson Blu brand to Belarus   23 Oct, 2014

Carlson Rezidor is extending its reach into Russia/CIS & Baltics with the addition of a Radisson Blue property in Belarus. The Minsk hotel will have 200 rooms and is slated to open in the second quarter of 2017. Carlson Rezidor also announced a new Radisson Residence in Zavidovo, a tourist...More>>

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Cincinnati Courtyard sells for more than $20 million   22 Oct, 2014

An affiliate of Dallas-based Aimbridge Hospitality and New York City-based BlueMountain Capital Management have purchased the Courtyard Cincinnati Covington hotel for more than $21.7 million. Earlier this year, the JV purchased three other Marriott-branded hotels in Greater Cincinnati as part of...More>>

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IHG delivers Q3 interim report; strongest quarterly U.S. RevPAR growth in 8 years   22 Oct, 2014

IHG has realeased its third quarter Interim Management Statement, and it loos rosy. It reported global Q3 comparable RevPAR growth of 7.0 percent. It opened 8,000 rooms and signed 16,000 rooms. It's pipeline now stands at 190,000 rooms with over 45 percent under construction. More>>

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Red Lion jumps into lifestyle segment with Hotel RL   22 Oct, 2014

Another hotel operator has crossed into the lifestyle segment. Red Lion Hotels Corporation has launched what it calls a new upscale hotel conversion brand targeted for the top 80 U.S. urban markets. Hotel RL is a full-service, lifestyle brand "inspired by the spirit of the Pacific Northwest and...More>>

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Lexington Inn & Suites being built in Effingham, Ill.   21 Oct, 2014

Lexington by Vantage, a collection of inns, hotels and suites, has announced new hotel development plans for a Lexington Inn & Suites in Effingham, Ill. The 61-room hotel is currently under construction with an expected open date of June 2015. More>>

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Openings   20 Oct, 2014

A look at the new hotel openings around the globeMore>>

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Urban and dual-branded projects keep extended-stay going strong   17 Oct, 2014

A look at analyst forecast of healthy momentum for extended-stay category heading into 2015.More>>

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New Hyatt Place coming to Eugene, Ore.   17 Oct, 2014

A new 124-room Hyatt Place will be open by summer 2016 in Eugene, Ore., part of a shopping center. The Korth family has reached an agreement with Hyatt to build the Hyatt Place at Oakway Center. The hotel is part of a larger plan for an eight-story building. More>>

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Carlson Rezidor signs Radisson Red brand deal in China   15 Oct, 2014

Carlson Rezidor Hotel Group has kicked off the Asia Pacific launch of its new Radisson Red hotel brand with the signing of Radisson Red Shenyang Hunnan in Northeast China, consisting of 300 rooms. This hotel is the first Radisson Red hotel signing in the world. More>>



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