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Marriott and Ian Schrager to open Reykjavik Edition in 2018   21 Aug, 2015

Marriott International will manage the hotel under a long-term agreement. The 250-room hotel will be located on the harbor waterfront in downtown Reykjavik, immediately adjacent to Harpa, the city’s concert and conference hall.More>>

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Landmarked Welsh property sold to Premier Inn Hotels   20 Aug, 2015

Whitbread Hotels and Restaurants, which owns the Premier Inn brand, agreed on the terms for the sale of the flagship Bay Hotel with Opus North, a property development and investment company in Yorkshire.More>>

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Trump Hotels to open luxury resort in Bali   20 Aug, 2015

Following the recent visit of an MNC Group delegation to New York City, Donald J. Trump and Hary Tanoesoedibjo hosted the official signing ceremony on Friday, August 14.More>>

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Hotel deals surge throughout Australia as RevPAR grows   19 Aug, 2015

A spate of recent signings from local and international developers and strong RevPAR numbers indicate notable strength in the country's hospitality scene. And it shows no signs of slowing down.More>>

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Melbourne Hilton goes on the market; could fetch $250M   19 Aug, 2015

U.S. REIT Host Hotels & Resorts and developer Plenary Group are looking to sell the Hilton Melbourne South Wharf Hotel. The 364-room hotel is part of the Melbourne Convention and Exhibition Centre precinct and the South Wharf development.More>>

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Dublin hotel is sold, franchised back for AccorHotels   19 Aug, 2015

The Hotel Ibis Dublin on the Naas Road in Dublin 22 has been sold and franchised back in an off-market transaction on behalf of AccorHotels. The price was undisclosed.More>>

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Geolo Capital, Wanxiang Group Corp. to invest in U.S. hotels   17 Aug, 2015

Billionaire John Pritzker’s private investment firm and a unit of Chinese auto-parts maker Wanxiang Group Corp. are reportedly teaming up to invest $1 billion in U.S. hotels.More>>

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Lalit Modi helps Sahara sell its U.S. hotels   17 Aug, 2015

Modi is reportedly brokering a deal to help facilitate the release of Sahara chief Subrata Roy by arranging to sell some U.S. properties belonging to Sahara.More>>

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Millennium & Copthorne buys Beatles-themed hotel in Liverpool   12 Aug, 2015

M&C beat out nine other bidders with a price of £13.8m in cash. Owner Tony Criss put the hotel on the market in March with a reported asking price of £11m. The 110-room hotel is housed in a building that was completed in 1884.More>>

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Several hotels in Victoria, Australia up for sale   11 Aug, 2015

Agents said international and Australian developers, hotel companies and even private schools were among those interested in the multimillion-dollar properties.More>>

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