Investment
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Hyatt launches lifestyle brand Hyatt Centric   29 Jan, 2015

Hyatt Hotels is throwing its hat into the lifestyle arena with the launch of a brand new chain, Hyatt Centric. This will be the sixth new hotel brand launched by Hyatt since 2006.More>>

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Minor Hotel Group acquires six hotels in Brazil and Portugal   29 Jan, 2015

The six hotels were purchased for over $190 million. In addition to the two properties, the acquisition comprises a hotel operating platform and the intellectual property rights to the Tivoli Hotels & Resorts brand for Brazil. The Portugal acquisition comprises four properties that are being leased...More>>

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Starwood signs Berlin Sheraton   29 Jan, 2015

A franchise agreement with Esplanade Operation, a subsidiary of Host Hotels & Resorts' European joint venture, marks the conversion of the existing Grand Hotel Esplanade to a Sheraton hotel. The hotel continues to be operated by EVENT Hotel Group, which also holds a minority interest in the...More>>

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IHG reveals the locations of its first two Hualuxe hotels in China   29 Jan, 2015

The Hualuxe Nanchang High Tech Zone will be located in Nanchang, the capital of the Jiangxi Province, while the Hualuxe Yangjiang City Centre will open in Yangjiang, part of China's Guangdong Province.More>>

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Chandler Hotel Group adds seven new properties   28 Jan, 2015

The new properties are located in South Carolina, Texas and New Mexico, and collectively add nearly 1,200 new rooms to CHG's portfolio.More>>

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LaSalle Hotel Properties buys San Francisco Westin for $350M   28 Jan, 2015

LaSalle paid for the acquisition with cash on hand and borrowings from its senior unsecured credit facility. It is LaSalle's seventh hotel property in the San Francisco market. Highgate Hotels will continue managing the hotel as an independent property.More>>

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Langham Hospitality appoints Phil Keb to EVP of development - Americas and Europe   28 Jan, 2015

Before joining Langham Hospitality Group, Keb was responsible for leading development activities for Commune Hotels, a San Francisco-based boutique hotel company. In this role, he spearheaded real estate acquisitions and third-party management agreements for the Thompson, JDV and tommie brands.More>>

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Phoenix Radisson completes $8 million renovation   28 Jan, 2015

The Radisson Hotel Phoenix North is open after five months and $8 million in renovations. The 284-room hotel covered everything from carpets and bathrooms to a brand new lobby.More>>

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Hard Rock opens in Lake Tahoe, Nev.   28 Jan, 2015

After a $60-million renovation, the 539-room hotel and casino has renovated rooms, a 25,000-square-foot casino, a Hard Rock store, five restaurants and multiple bars. The hotel first opened in 1965 as Del Webb's Sahara Tahoe and most recently had been the downscale Horizon Casino.More>>

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Smiles wide at hotel industry's first investment conference of 2015   27 Jan, 2015

A collective smile is planted smack across the face of the hotel industry at the moment. That is the countenance for those gathered at The Americas Lodging Investment Summit, the first hotel investment conference of the year. More>>




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