Muted supply growth fuels development engine Newswire
Muted supply growth fuels development engine   20 Apr, 2015

Industry metrics have been so upbeat that the major brand companies are beginning to see renewed interest in developing full-service hotelsMore>>

MICE market drives upscale development in secondary cities Newswire
MICE market drives upscale development in secondary cities   20 Apr, 2015

Secondary markets have capitalized not only on growing demand from the meetings and incentive market, but on their unique cultural qualities to attract high-end travelers who are accustomed to high-end accommodations—and developers are taking noteMore>>

The Royal Palms Resort and Spa in Phoenix is part of Destination Hotels & Resorts. Newswire
Wobbly resort sector finds steady footing   20 Apr, 2015

With the hotel industry firmly back on its feet and the overall U.S. economy humming, resorts appear back on solid groundMore>>

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Minor Hotel Group turns to Northern Africa for hotel development   20 Apr, 2015

Minor Hotel Group has announced a partnership with Qatari Diar Real Estate Investment Company to develop two new Anantara resorts in North Africa, to open in 2017. Anantara Tozeur Resort is being developed by Qatari Diar in the southwest of Tunisia. Also under development is Anantara Al Houara...More>>

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Red Roof commits to Canada with 40-hotel deal    20 Apr, 2015

Red Roof, having already signed a deal to expand outside U.S. borders into Brazil, now has its sights set on Canada. It reportedly has signed a 20-year deal with developer Glenn Squires to build and brand 40 hotels across Canada, with the support of Pacrim Hospitality Services. The first four...More>>

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Tetrarch Capital buys Clonmel Park hotel in Tipperary, Ireland   17 Apr, 2015

Irish investment group Tetrarch Capital has acquired the the 99-room Clonmel Park Hotel in Tipperary, Ireland, The Irish Times reports. The former Brennan group hotel had been placed into receivership by AIB. The final sale price was not disclosed.More>>

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Supertel closes sale of two Ga. hotels; will sell two more in Va.   17 Apr, 2015

Supertel Hospitality announced that it has closed on the sale of two Savannah Suites hotels in Georgia: the 172-room Savannah Suites, in Augusta, which sold for $3.4 million, and the 120-room Savannah Suites in Chamblee, which sold for $4.4 million. The company applied $4.1 million of the proceeds...More>>

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Report: DuPont taking offers for Delaware's Hotel du Pont   17 Apr, 2015

DuPont Co. is reportedly taking bids for the Hotel du Pont and the DuPont Country Club, according to a source and as reported by Delaware's The News Journal. The chemical company owns the 102-year hotel and suburban golf course, located in Wilmington, Del. More>>

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Loews launches new luxury brand with San Francisco buy   16 Apr, 2015

Loews Hotels & Resorts is taking its Regency name and using it to launch a new luxury brand. First stop: San Francisco. Loews has now completed the acquisition of the 155-room Mandarin Oriental San Francisco Hotel, which has been renamed the Loews Regency San Francisco. The hotel joins the Loews...More>>

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Hotel planned for former College Football Hall of Fame property    15 Apr, 2015

Local South Bend, Ind., affiliate, WSBT, is reporting that the former College Football Hall of Fame is being sold to to JSK Development, a hotel development and management company, which has plans to convert it into a corporate headquarters with a hotel on the premises. More>>

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