View news on all types of hotel/lodging assets including flagged and unflagged, extended stay, resorts and other properties at HotelWorld Network.
 | Newswire
Daiwik Hotels to launch five hotels in India pilgrimage centers 22 May, 2012
Kolkata-based Daiwik Hotels is planning to launch five hotels in key pilgrimage centers across India with an initial investment of Rs.180 crore in the next 30 months. The five properties will be at Rameswaram (Tamil Nadu), Varanasi (Uttar Pradesh), Dwarka (Gujarat), Tirupati (Andhra Pradesh) and...More>>
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 | Newswire
BC LYND Hospitality acquires San Antonio's St. Anthony Hotel 22 May, 2012
BC LYND Hospitality, a new a joint venture of LYND and BC Commercial Partners LLC, has bought the St. Anthony Hotel located in downtown San Antonio, Texas, and is planning to invest $24 million to upgrade the 103-year-old property. This is the company's first major acquisition since it was formed...More>>
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 | Newswire
Blackstone reaches deal with Accor to acquire Motel 6 chain 22 May, 2012
Flush with capital, Blackstone Group, the private-equity firm that owns Hilton Worldwide, has reached an agreement with French hotel group Accor to acquire the economy Motel 6 chain for $1.9 billion.More>>
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 | Newswire
Fairmont's residence arm announces new property in Santa Fe, New Mexico 22 May, 2012
Fairmont Heritage Place assumes management of The Residence Club at El Corazon de Santa Fe, Santa Fe’s only downtown fractional ownership property. Recently, the property expanded its clubhouse and reception area, added a new owners’ fitness area and private owners’ park, and refreshed...More>>
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 | Newswire
Marriott Executive Apartments to open in Riyadh 21 May, 2012
Marriott International is slated open its first Marriott Executive Apartments branded hotel in the Kingdom of Saudi Arabia this May 2012, when the Marriott Executive Apartments Riyadh Makarim will be launched.More>>
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 | Newswire
Underwater hotel planned for Dubai 21 May, 2012
Dubai-based shipbuilder Drydocks World partnered with Switzerland’s BIG InvestConsult, on behalf of partner Deep Ocean Technology, to become the sole construction contractor of the Water Discus Underwater Hotels in the Middle East, it was reported by ArchDaily.com.More>>
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 | Newswire
Hilton Worldwide, Schiphol Group plan for new landmark airport hotel 21 May, 2012
Hilton Worldwide and Schiphol Real Estate signed an agreement to introduce a new 433 guestroom Hilton Hotels & Resorts hotel to Amsterdam Airport Schiphol, to be designed by Dutch firm Mecanoo.More>>
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 | Newswire
Tropicana announces multi-phase renovations 21 May, 2012
Tropicana Casino & Resort Atlantic City announced a series of renovation projects that will include major improvements to its guestrooms, restaurants and casino floor, as well as changes to its nightlife offerings.More>>
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 | Newswire
Starwood Hotels to open first dual-branded ski resort complex in China 21 May, 2012
Starwood Hotels & Resorts Worldwide Inc. has announced that it will open its first dual-branded ski resort complex in Changbaishan, China later this year. The Westin Changbaishan and Sheraton Changbaishan Resort will open in August 2012, adjacent to the slopes of Changbai Mountains, one of...More>>
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 | Newswire
London's St. Ermin’s Hotel put on the market 21 May, 2012
St. Ermin’s Hotel in Westminster is for sale after global fund manager Angelo Gordon and hotel manager Amerimar put the hotel on the market to cash in on investor demand for hotel assets in London. Jones Lang LaSalle Hotels will manage the sale. "London hotels have recorded the highest RevPAR...More>>
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