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Tblisi, Georgia, to get Hyatt Regency Hotel in 2017   18 Mar, 2015

A Hyatt affiliate has entered into a management agreement with Rustaveli Property for a Hyatt Regency hotel in Tbilisi, Georgia. More>>

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Starwood puts three Fiji properties on the market   18 Mar, 2015

The assets will be sold with the benefit of a long-term management contract with Starwood, which has owned and managed the properties for many years. More>>

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London's future looks bright as global brands interest stays piqued   17 Mar, 2015

With Hyatt interested in the Grosvenor House Hotel, several branded properties opening by Heathrow Airport and a strong forecast from PricewaterhouseCoopers, London's future More>>

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Little Rock Residence Inn sells for $17.5M   16 Mar, 2015

The 107-room Residence Inn by Marriott at 219 River Market Ave., in Little Rock, Ark., is under new ownership. NF II/CI Little Rock LLC, an affiliate of Noble Investment Group of Atlanta, bought bought the hotel for $17.5 million. More>>

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Vesta Hospitality purchases Central Oregon hotel   9 Mar, 2015

​Vancouver-based Vesta Hospitality has purchased one of Central Oregon's best-known hotel properties, the Riverhouse Hotel & Convention Center in Bend, and will launch a major makeover late this year.More>>

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HREC arranges sale of Atlanta's Hotel 400   9 Mar, 2015

The Buyer, Baraka Hospitality Group, LLC, whose principals are Thakor and Romi Patel, is reportedly planning a renovation project and brand affiliation. More>>

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Building and Land Technology buys Connecticut's Westport Inn for $14.5M   6 Mar, 2015

BLT, a Stamford-based developer, also owns Nyala Farms in Westport. The hotel, which recently underwent a multimillion dollar renovation, has meeting rooms, guestrooms, 6,000 square feet of event space and a spa. More>>

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AEG plans downtown Los Angeles hotel expansion for J.W. Marriott, Ritz-Carlton   6 Mar, 2015

L.A. Live/Staples owner AEG is planning a $500-million expansion of the J.W. Marriott/Ritz-Carlton hotel downtown that will add 755 rooms. Combined, the new project (together with the existing JW Marriott L.A. LIVE and The Ritz-Carlton Los Angeles) will have 1,756 rooms and over 200,000 square feet...More>>

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AJ Capital acquires former Richmond Doubletree; will reopen as Graduate Richmond   6 Mar, 2015

The property will close for a comprehensive renovation and is expected to open as the Graduate Richmond in early 2016. Graduate Hotels is a new hotel collection targeting university-anchored markets across the country. More>>

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NH tops market expectations with 76-percent bottom-line improvement   5 Mar, 2015

NH Hotel Group reported bottom-line improvement of 76 percent during year one following the implementation of its business plan. This set of earnings tops the market's expectations in a year marked by investments and the rollout of initiatives designed to transform the group, including the launch...More>>




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