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Pandax to sell Scandic Antwerp to Van Der Valk chain   29 Sep, 2015

Pandox has entered in to an agreement to sell the Scandic Antwerp hotel in Belgium to the Netherlands-based hotel chain Van Der Valk for €16 million. The transaction will close and the property will be vacated December 1. More>>

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Indonesia to get Radisson hotel in Medan   29 Sep, 2015

The Radisson Medan will be the fifth Carlson Rezidor hotel to open in Indonesia, joining Radisson Blu Bali Uluwatu, Radisson Golf & Convention Center Batam, Park Inn by Radisson Lampung and Radisson Jakarta Cengkareng.More>>

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Manchester to get new Travelodge hotels   28 Sep, 2015

The hotels form part of a major planned expansion throughout the region by the independent hotel chain. The deal comes after bosses exchanged contracts with Orbit Developments for hotels in Sale and Stockport.More>>

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Frasers Hospitality expands in Europe   25 Sep, 2015

The global hospitality operator has launched its first property in the city of Frankfurt—the 153-unit Capri by Fraser, Frankfurt, which joins six other properties under the company's Capri brand. It had also earlier opened a 97-unit Capri by Fraser, Barcelona in Spain. More>>

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London investors purchase landmark Nottingham hotel   25 Sep, 2015

While the new owners of the historic Lace Market Hotel are still anonymous, Bangkok-based Compass Hospitality has been tapped as the management company as part of its UK growth plan. More>>

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Kansas City Hilton Garden Inn on the market   22 Sep, 2015

Warmbrodt Hotel Investments has been retained as the exclusive agent to sell the Hilton Garden Inn, Kansas City, Kansas. The property was renovated last year, and its RevPAR has increased 37.5 percent through August 2015.More>>

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Hotel Leela Goa sold to UK's Bagri   21 Sep, 2015

The reportedly debt-stricken hospitality group Hotel Leelaventure has sold one of its prime properties, Hotel Leela Goa, to London-based businessman Raj Bagri, to raise around Rs725 crore, in what's being called one of the biggest single property deals in the Indian hospitality sector. The 206-room...More>>

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RLHC signs franchise agreement for Cabot Lodge Jackson North   21 Sep, 2015

Set to launch this fall following a conversion as The Cabot Lodge Jackson North, a Red Lion Hotel, the property will continue to be managed by MMI Hotel Group.More>>

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China's Jin Jiang buys controlling stake in budget 7 Days   21 Sep, 2015

The merger we thought would happen has. China's Shanghai Jin Jiang International Hotels is making a big push on the economy front having acquired a controlling stake in budget hotel chain 7 Days Group Holdings. The plus-billion-dollar deal now makes Jin Jiang one of the largest hotel groups in the...More>>

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Thailand's TCC Group looks to expand hospitality business   18 Sep, 2015

TCC Land Group, a property arm of Thai beverage tycoon Charoen Sirivadhanabhakdi's empire, has set aside an investment budget of more than Bt50 billion for next year's business. The company reportedly plans to develop a four-star hotel under the Marriott brand.More>>

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