Brands
blank Newswire
Merger rumors drive up international brand stocks   16 Jul, 2015

Yesterday, rumors began spreading about a pending $31-billion-plus luxury international hotel brands merger, driving up stock prices of several companies.More>>

blank Newswire
Philippines group, AccorHotels developing Manila Novotel   13 Jul, 2015

Philippines-based Century Properties is partnering with AccorHotels on a Novotel in Manila. The 310-room, 41-floor Novotel Suites Manila at Acqua will be the third branded development at the Acqua Private Residences in Mandaluyong City. The hotel is scheduled to open in 2019. More>>

blank Newswire
In InterContinental Hong Kong sale, IHG's asset-light strategy is clear   10 Jul, 2015

InterContinental Hotels Group has agreed to sell its full ownership of the InterContinental Hotel Hong Kong for $938 million to an investor consortium advised and managed by Hong Kong-based private real estate investment firm Gaw Capital Partners. IHG is reportedly set to make a profit of around...More>>

blank Newswire
Subsidiary of NY investment group acquires two UK Ramadas   9 Jul, 2015

Manchester's Ramada Salford Quays and the Ramada Birmingham Mailbox have both changes, acquired by MCAP Global Finance, a UK subsidiary of New York investment advisor Marathon Asset Management. Both hotels were sold in excess of £21.5 million (around US $32 million). More>>

blank Newswire
In focus: Wyndham's international expansion   8 Jul, 2015

Wyndham Worldwide, which includes Wyndham Hotel Group and its 15 brands, from economy through upper-upscale, is making a big push globally via an assortment of moves, stretching from South America to Australia. Here's a look at the company's recent global gallivanting. More>>

blank Newswire
Marriott to manage Namibia's Protea hotels    8 Jul, 2015

Marriott International has completed the acquisition of the rights to manage the Protea brand hotels in Namibia. The United Africa Group (UAG) owns all the ten hotel properties trading under the Protea brand in Namibia. More>>

blank Newswire
Movenpick signs deal to open fourth Jeddah hotel in 2019   8 Jul, 2015

The Mövenpick Hotel Heraa Jeddah is one of five new properties being rolled out by the group in KSA over the next four years, with two planned for Riyadh, one for Al Khobar and the 233-key Mövenpick Hotel City Star Jeddah.More>>

blank Newswire
True North Hotel Group begins construction on dual-branded Marriott complex   8 Jul, 2015

True North Hotel Group has begun construction on a dual-branded Marriott project–a 91-suite Residence Inn and a 75-suite SpringHill Suites–in Fishkill, NY. The cost of the project is estimated to be $28 million. Slated to open in the summer of 2016, the properties are located in the Westage...More>>

blank Newswire
Starwood sells Element Denver Park Meadows for $15.5M   7 Jul, 2015

​Starwood Hotels & Resorts Worldwide has sold the Element Denver Park Meadows to Denver Hospitality II, LLC. for $15.5 million. The hotel will continue to be affiliated with Starwood Hotels & Resorts and its Starwood Preferred Guest program.More>>

blank Newswire
Wyndham to expand in China's secondary cities   6 Jul, 2015

Wyndham Hotel Group is continuing its push to develop its upscale Wyndham Hotels and Resorts brand beyond tier-one cities in China and into secondary markets, which have become key hubs for both business and leisure travel. More>>



© 2015 Questex Media Group LLC. All rights reserved.
Reproduction in whole or part is prohibited.