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New AC Hotel planned for Raleigh, N.C.   16 Jan, 2015

Concord Hospitality Enterprises and Kane Realty Corp. are teaming up to build the property. The new AC Hotel, a 133-room select service property, is expected to open in 2016 next to the new North Hills Tower Two office building that is under construction at the corner of Six Forks and Dartmouth...More>>

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Virgin Hotels opens first property in Chicago   16 Jan, 2015

Virgin Hotels Chicago is located in the Loop in the historic Old Dearborn Bank Building at 203 N. Wabash Ave. The 26-story art deco building has 250 guestrooms, including 40 one-bedroom suites and two penthouse suites. More>>

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Former Sofitel CEO to lead new luxury hotel company   16 Jan, 2015

Robert Gaymer-Jones, the founder of Blue Horse Hotel Management Company, served as CEO for Sofitel Luxury Hotels in Paris from 2007 to 2014. He led the re-positioning of the brand by downsizing and rebuilding Sofitel into a global luxury chain including the So brand of lifestyle hotels and the...More>>

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Corinthia Group investment arm to acquire Malta's Island Hotels   16 Jan, 2015

Regional consolidation continues. The latest news comes out of Malta, where International Hotel Investments (IHI), the investment arm of the Corinthia Group, has signed a conditional agreement to acquire the assets and operations of Island Hotels Group, which operates two Radisson Blu hotels in...More>>

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Jin Jiang deal to acquire France’s Louvre Hotels Group now a go   15 Jan, 2015

Jin Jiang's deal to acquire France’s Louvre Hotels Group from Starwood Capital Group is now signed, sealed and delivered. Here are further details on the deal that were first reported on back in November, as Chinese companies continue to make large global acquisitions. More>>

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Joint venture acquires Los Angeles Marriott   15 Jan, 2015

AWH Partners and Starr Cos., an insurance and investment company with a presence on five continents, acquired the 488-room hotel on North Hollywood Way from Westbrook Partners. Spire Hospitality will operate the property under a franchise agreement with Marriott Hotels.More>>

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Hyatt sells five select-service hotels for $53M   15 Jan, 2015

As part of the sales, Hyatt entered into franchise agreements with the purchasers, with all hotels retaining their existing Hyatt Place branding. The purchasers intend to spend approximately $6 million in additional capital expenditures at the hotels.More>>

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Z Capital Partners acquires Miami's Carillon Hotel   15 Jan, 2015

The property was renamed "The Carillon Hotel & Spa," and will be managed by a new joint venture created by Z Capital, together with Adrian Zecha, founder of Amanresorts and GHM Hotels, and Jonathan Breene, developer and creator of The Setai, South Beach. More>>

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Topland's buy of UK's Feathers Group includes Best Western-branded hotels   14 Jan, 2015

Topland, a UK-based private investment company, has acquired England's Feathers Group for an undisclosed sum. The acquisition represents 726 rooms across Best Western-branded properties in Manchester, Liverpool, Chester, Preston and Warrington. More>>

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Starwood Capital acquires Scotland's Town House Collection   14 Jan, 2015

Starwood Capital Group has acquired Scotland's independent hotel group The Town House Collection for an undisclosed sum. The transaction includes Glasgow's luxury Blythswood Square hotel and boutique Edinburgh hotel The Bonham. The Town House Collection was founded by Scottish hotelier Peter Taylor...More>>




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