Hiap Hoe will fund the Holiday Inn express purchase will internal resources and debt.

Burlington, Vermont-based architecture firm TruexCullins designed the 135-room lodge with an aesthetic anchored in the property’s location.

The renovation preserved many original features, including the lobby’s tiled mosaic arched ceiling and a marble staircase.

The potential growth of India's tourism industry has convinced international luxury hotel chains to stick around.

While Premier Inn reported a low total sales increase, LFL sales gained a major boost.

The agreement with Marriott calls for the Courtyard Philadelphia to be converted to an Autograph hotel by June 30, 2019, following a $23M conversion plan.

The yet-to-open property has been acquired by Barry Sternlicht’s Starwood Capital Group.

The new offering will serve a customer segment worth $20 billion in annual industry revenue.