Sonesta International Hotels Corporation announced its first hotel in Phladelphia, the 445-room Sonesta Hotel Philadelphia. The hotel, which is currently the Crowne Plaza Hotel Philadelphia Downtown, will come under management by Sonesta on June 18, 2012. The property features 16,000 square feet of...More>>

Lately major franchise companies have made key asset purchases—triggered in part by Hyatt Hotels Corp.’s 2011 investments to reinforce its select-service portfolio.More>>

Hotel Okura JR Huis Ten Bosch, located in Sasebo City, Nagasaki, Japan, became the newest addition to international luxury hotel group Okura Hotels & Resorts. The hotel opened as ANA Hotel JR Huis Ten Bosch 17 years ago and has now been rebranded as a five-star Okura Hotels & Resorts hotel.More>>

GB Lodging, an affiliate of GFI Capital, acquired 5 Beekman Street in Manhattan and has tapped Commune Hotels & Resorts to operate a Thompson Hotel in the building. “With its deep New York lifestyle hotel experience and growing international presence, we’re delighted to have chosen Thompson...More>>

Listen up franchises: Looking for a financing partner? Clopton Capital, a commercial loan firm that provides hotel financing, is seeking a partnership with a franchised hotel chain. Clopton Capital says that a partnership would result in simplified underwriting to hotel franchisees, which could...More>>

The Park Hotels in India has roots that date back a century. Today its 11 upscale hotels stretch from Goa to New Delhi as it now turns its attention to opening hotels in tier-one and tier-two markets. More>>

Accor North America opened 55 hotels in 2011, all under franchise contracts. The latest openings include 49 Motel 6 and six Studio 6 properties with a room count of more than 4,100. As part of the company’s asset-light strategy and goals to expand its franchise network, Motel 6 plans to add at...More>>

Hampshire Hotels & Resorts, the management arm of Chatwal Hotels & Resorts, is to open 52 hotels in India in the next five years. These include 40 Night hotels and 12 Dream hotels.More>>

“Rebound” was the buzz word tossed around at the Americas Lodging Investment Summit in Los Angeles this week, but some in the industry are likening the industry’s recovery scenario to more of a slow hustle back up the court, scouting more shot opportunities than actually taking them. Still,...More>>

Hilton Worldwide has signed a management agreement with ASV Investment Co. to open the first DoubleTree by Hilton hotel in Japan. The 228-room DoubleTree by Hilton, Naha will be Hilton's tenth hotel in Japan. “We believe that DoubleTree by Hilton, Naha presents the ideal business combination of...More>>