Hilton Worldwide signed a franchise agreement with Emaytaş Turizm Gayrimenkul Yönetim Hizmetleri Sanayi ve Tic A.Ş. to open Hilton Worldwide's first Hilton Hotels & Resorts branded property on the Asian side of Istanbul. Hilton Istanbul Kozyataği Conference Center & Spa joins a portfolio of 40...More>>

Hard Rock International's EVP of hotels and casinos Michael Shindler told Hotel Management Asia back in March the company plans to have as many as 10 new hotels in Asia by 2017, and today the company revealed plans for its first hotels in China, expected to open in 2015. More>>

Yesterday was a good day for hotel stocks, according to Bloomberg Businessweek and SunTrust Robinson Humphrey analyst Patrick Scholes. Scholes issued a note to clients reiterating a positive view for hotel booking trends, and stocks for public franchise companies and real estate investment trusts...More>>

New York City gets its first JW Marriott hotel with the news that the iconic Essex House Hotel in Central Park South will fly the Marriott flag. Earlier this week, Strategic Hotels & Resorts agreed to purchase the property, formerly flagged as the Jumeirah Essex House, from the Dubai Investment...More>>

At least four new hotels are in the works for Roanoke, where a new hotel property hasn't opened since 2010. But according to a report in The Roanoke Times, numerous city and municipal partnerships are pushing for more hotel rooms as the city's tourism demand grows. Still, occupancy remains below...More>>

BG Excelsior Limited Partnership, an affiliate of Peabody Hotel Group, signed an agreement with real estate investor Fairwood Capital regarding the sale of The Peabody Little Rock. While conditions and terms still are up in the air, the new buyer apparently is shopping for a new franchise for the...More>>

The dual-branded Holiday Inn London Stratford City and Staybridge Suites London Stratford City opened next to London's Olympic Park. Both hotels are owned by a joint venture between Cycas Hotel Partners and PetronCapital. The hotels are operated by Cycas Hospitality. The 188-room Holiday Inn and...More>>

More than 80 hotel brands participated in Hotel Management's 2012 Franchise Fees Guide, sharing information from construction costs per room to royalty fees, marketing fees, reservations fees and more. More>>

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>>