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Motel 6 gets in on lodging growth boom in Latin America   4 Mar, 2015

Motel 6 is upgrading thousands of rooms and entering new markets in Latin America, where its parent company, G6 Hospitality, broke ground last month on its first hotel.More>>

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L.A. developer offers to buy former Revel Casino Hotel   4 Mar, 2015

Los Angeles developer Izek Shomof made an 11th-hour bid to buy Atlantic City’s former Revel Casino Hotel. Shomof submitted a letter of interest to Revel AC, offering to buy the casino for $80 million. He is reviving the former Rialto Theater in South Pasadena, as well as the former Sears building...More>>

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David Geffen sells Malibu Beach Inn for nearly $80 million    4 Mar, 2015

Hollywood studio mogul David Geffen sold the 47-room Malibu Beach Inn for nearly $80 million, or $1.7 million per room, the highest valuation by this measure for any California hotel. The buyer is West Hollywood-based real estate investors Simon and Daniel Mani of the Mani Brothers Real Estate...More>>

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IHG to develop 10 hotels in Germany   4 Mar, 2015

InterContinental Hotels Group (IHG) signed a multiple development agreement with Interstar to develop 10 hotels in Germany by 2019. The agreement enables Interstar, as a first-time IHG franchisee, to develop hotels across IHG’s Holiday Inn and Holiday Inn Express brands.More>>

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American Realty Capital Hospitality Trust acquires 116 Hotels for $1.8B   3 Mar, 2015

Subsidiaries of W2007 Grace Acquisition I and WNT Holdings completed the sale of 116 hotels to affiliates of American Realty Capital Hospitality Trust for a combined purchase price of approximately $1.808 billion. More>>

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Former Hilton chief Sir David Michels launches hotel investment fund   3 Mar, 2015

Former Hilton chief Sir David Michels launched a $307-million fund targeting investments in the European hotel sector, according to Travel Daily Media. The fund will be managed by his management and advisory firm Michels & Taylor, and will focus on the U.K., although acquisitions elsewhere in...More>>

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Starwood Capital Group completes sale of Groupe du Louvre and Louvre Hotels Group   3 Mar, 2015

Starwood Capital Group and Jin Jiang International Holdings completed the sale of Groupe du Louvre and its indirect subsidiary Louvre Hotels Group to Shanghai Jin Jiang International Hotels Development of Luxembourg, for €1.3 billion.More>>

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Grosvenor House hotel for sale for £500m   3 Mar, 2015

The J.W. Marriott Grosvenor House Hotel, London, was put up for sale for £500 million after its owner, Sahara Grosvenor House Hospitality, defaulted on related debts, according to the London Evening Standard. Property agent JLL, appointed by administrator Deloitte, will market the 494-bed property...More>>

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Management company growth and client retention are possible   11 Feb, 2015

Growth and client retention can be challenges for third-party management companies. A hotel owner says the problem lies with how such companies define themselves, how they communicate with clients and how relevant they are to their markets.More>>

Allow me to introduce myself   16 Jan, 2015

In 2015, we will look to give you even more information pertinent to your business and packaged in a way that makes sense for you.More>>

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