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Sale of Auckland's Novotel Ibis Ellerslie hotel breaks record   16 Oct, 2015

The sale of the Ellerslie hotel to New Zealand-based CP Group was the largest hotel transaction since the sale of the Hilton Auckland in 2012, bucking the trend of overseas buyers buying major New Zealand hotels.More>>

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Internos Global Investors acquires NH Turin Santo Stefano   15 Oct, 2015

Internos Global Investors has completed the €23.1 million acquisition of the NH Turin Santo Stefano from Immobiliare Galileo S.r.l. as part of its Hotel Real Value Plus "Value Add" mandate via the Master-KVG provided by Institutional Investment Partners. More>>

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Germany's Novum Hotel Group outlines growth strategy   15 Oct, 2015

Germany's Novum Hotel Group is planning to expand its portfolio to 85 hotels by 2020. Currently, the company has 57 properties in its portfolio across Germany. The company is also looking to expand internationally and focus on franchise contracts.More>>

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Hilton's Curio brand expands in London, Middle East   13 Oct, 2015

​Hilton Worldwide has announced a deal with Shiva Hotels to introduce its first Curio – A Collection by Hilton hotel to the UK. In the Middle East, Hilton has signed a management agreement with owner Royal International to open its first hotel under the Curio brand in the UAE. More>>

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Dalata Group buys Cork City Clarion Hotel for €35.1 million   13 Oct, 2015

Joint agents Savills and JLL, making the announcement on Tuesday morning, said it was an investment deal only with the current tenants unaffected. The business will continue to be operated by Choice Hotels Ireland under the Clarion brand.More>>

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ONYX Hospitality to expand in Vietnam   12 Oct, 2015

Thailand-based hotel company ONYX Hospitality Group has signed a partnership agreement with HB Group to manage OZO Hoi An, a 364-room beachfront resort in Vietnam's New Hoi An City area. More>>

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Wyndham to open Bali beachfront resort   12 Oct, 2015

Wyndham Hotel Group has announced plans to open its first Wyndham Hotels and Resorts property in Indonesia at Bali’s Lepang Beach. The agreement between developer and investor PT. Wijaya Karya Realty and Wyndham Hotel Group calls for Wyndham’s management arm to manage the resort’s day-to-day...More>>

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Demand drives international brands to grow Glasgow supply   9 Oct, 2015

As global hotel brands look to expand their UK presence, Scotland's largest city is attracting some high-profile attention. Several deals have been signed for Glasgow hotels in the last month alone by both international and local companies. More>>

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W Hotels expands into Egypt's Sharm El Sheikh resort region   8 Oct, 2015

Starwood Hotels & Resorts Worldwide will bring its W Hotels brand to Egypt in 2020 with the opening of W Sharm El Sheikh and The Residences at W Sharm El Sheikh. Owned by Tower Prestige for Hotels SAE, the hotel will be located at Nabq Bay in the resort town of Sharm El Sheikh, overlooking the...More>>

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Global budget and upscale brands cast eyes on Kuwait   8 Oct, 2015

Four Seasons and AccorHotels are expanding their outreach in Kuwait, which reports indicate is ripe for a wide range of international investment as travelers seek properties that reach global standards. More>>

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