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Off-shore buyer acquires Charlotte airport Country Inn & Suites   15 Aug, 2014

The Ehmer Group, a San Francisco-based member of Hotel Brokers International, brokered the sale of the Country Inn & Suites Charlotte I-85 Airport in North Carolina. The 119-room hotel had reportedly been on and off the market multiple times since 2008. A $1.5-million PIP is forthcoming.More>>

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Liverpool Novotel changes hands in a deal worth $22M    11 Aug, 2014

The Novotel Liverpool Centre has been sold to Brussels-based investor Algonquin by business services provider Chantrey Vellacott for around $22 million. Administrators from Chantrey Vellacott took over running the hotel from former owner the Pedersen Group last October after appointment by the...More>>

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Inside Hyatt House and Hyatt Place’s growth plans   11 Aug, 2014

In her new role as Hyatt’s SVP of franchise and managed development for Hyatt Place and Hyatt House in North America, Julienne Smith will concentrate on growing these two brands. Here's how.More>>

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IHG to sell Le Grand Hotel Paris for $442 million   7 Aug, 2014

Multiple outlets are reporting that InterContinental Hotels Group has received a $442-million cash offer from Constellation Hotels Holding Ltd. for its Le Grand hotel in Paris. Constellation was also the buyer of the InterContinental London Park Lane and made a majority investment in the...More>>

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Marriott adds slew of hotels to Autograph Collection fold   6 Aug, 2014

Marriott International continues to push the envelope on its Autograph Collection, announcing a total of five more hotels into the mix. One is the the Hotel Park City in Utah, the other four are all part of the Ambassador Hotel Collection.More>>

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IHG chief remains coy, but talkative, on rumored IHG sale   6 Aug, 2014

Conjecture and rumor continue about a possible sale of InterContinental Hotels Group to a rival hotel operator. Here's the up-to-date latest.More>>

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Marriott CEO talks Africa growth   6 Aug, 2014

Marriott has plans to reach over 150 hotels across 16 African countries by 2020, including opening nearly 40 additional hotels with more than 6,000 rooms at both its managed and franchised hotels More>>

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Starwood bringing St. Regis brand to Kazakhstan   5 Aug, 2014

Starwood Hotels & Resorts Worldwide will debut the St. Regis brand in Kazakhstan’s capital city with the opening of The St. Regis Astana and The Residences at The St. Regis Astana. The project is being developed by MG Development and is scheduled to open in 2017.More>>

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Carlson Rezidor inks deal for five hotels in Saudi Arabia   4 Aug, 2014

Carlson Rezidor Hotel Group has signed five new projects in Saudi Arabia, expanding its portfolio to 22 hotels in the country, Gulf Business reports. The group will reportedly open three hotels in Jeddah and one each in Riyadh and Dammam.More>>

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Hilton's heady Q2 gives reason to raise outlook   1 Aug, 2014

Like most other hotel companies in the second quarter, Hilton Worldwide showed strong growth. The hotel company earned $209 million in the quarter compared to earnings of $155 million at the same time last year. Total revenue climbed 12 percent to $2.67 billion.More>>



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