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Dublin offers value for high-end hotel developers   16 Dec, 2014

The city's economic recovery is well underway, and a new report from global hotel consultancy HVS London indicates that Dublin has many opportunities for hotel developers, particularly in the luxury and economy sectors, according to.More>>

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For $430 million, IHG buys a boutique hotel chain   16 Dec, 2014

Amid a rumor mill that churns out speculative reports of stockholders pushing for a sale of InterContinental Hotels Group, the UK-based hotel operator has made an acquisition of its own, acquiring Kimpton Hotels & Restaurants Group for $430 million. More>>

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Malaysia group acquires London's Grand Plaza Kensington   15 Dec, 2014

Federal Land Development Authority (FELDA) subsidiary, Felda Investment Corporation (FIC), recently acquired the 62-room Grand Plaza Kensington Hotel in London, in a move to diversify its investment assets.More>>

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Three upcoming hotels in Amsterdam   10 Dec, 2014

A new Radisson, the Netherlands' first W and first Element hotel are all in Amsterdam's pipeline for 2015 and 2016.More>>

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Woodridge Capital continues San Francisco growth surge   8 Dec, 2014

Woodridge Capital Partners has acquired the Stanford Court Hotel in the Nob Hill section of San Francisco for an undisclosed price reports GlobeSt. It is the third hotel the group now has an interest in in the area, including the Fairmont San Francisco, which was acquired in May 2012, and the Mark...More>>

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Noble scoops up two Tampa area Marriott-branded hotels   8 Dec, 2014

Atlanta-based Noble Investment Group has acquired two hotels in Westshore, a business district of Tampa, Fla., in a deal totaling more than $35 million. The hotels are the 160-room Residence Inn Tampa Westshore and the TownPlace Suites Tampa Westhore Airport.More>>

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IHG takes $405M offer from Constellation on Le Grand in Paris   8 Dec, 2014

The expected sale of a luxury hotel in Paris, which Hotel Management reported on back in August, has now been confirmed: InterContinental Hotels Group has accepted a $405 million cash offer from Constellation Hotels Holding for Le Grand hotel in Paris.More>>

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Qatar's Al Faisal acquires majority stake in The Manhattan at Times Square Hotel    4 Dec, 2014

Al Rayyan Tourism and Investment Company (ARTIC), the international hospitality subsidiary of Al Faisal Holding Company, has acquired 97 percent of The Manhattan at Times Square Hotel in New York. The 689-room hotel, built in 1962, covers an entire block and is situated at 790 Seventh Avenue.More>>

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Judge approves sale of Canyon Ranch Miami to Z Capital   4 Dec, 2014

A judge has approved private-equity fund manager Z Capital Partners' $21.6-million purchase of the Canyon Ranch Hotel & Spa in Miami Beach, which Lehman Brothers put into bankruptcy protection earlier this year, The Wall Street Journal reports. More>>

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Dubai group makes curious stateside acquisition   3 Dec, 2014

It's no real surprise anymore to hear of a multimillion-dollar hotel deal forged by some Middle East conglomerate. What is a surprise is when a Middle East conglomerate makes a deal for a hotel, in a secondary U.S. market, at a price tag that is considered peanuts for most hotel groups operating in...More>>




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