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New IHG, Maplewood JV focuses on Candlewood brand in Canada   3 Apr, 2014

InterContinental Hotels Group and Maplewood Hotels & Resorts plan to develop 15 new-build Candlewood Suites in markets throughout Canada over the next few years. Formed in 2013, Maplewood is a joint venture between Driftwood Hospitality Management and Pacrim Hospitality Services Inc.More>>

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FelCor sells Doubletree Suites in Charlotte, N.C.   2 Apr, 2014

FelCor Lodging Trust has agreed to sell the 208-room Doubletree Suites Hotel Charlotte-SouthPark for $37 million. The undisclosed purchaser paid a $900,000 non-refundable deposit toward the purchase price. FelCor expects the sale to close in May.More>>

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Carey Watermark acquires Hyatt Place Austin for $87M   2 Apr, 2014

Carey Watermark Investors continues its buying habits with the acquisition of the 296-room Hyatt Place Austin Downtown, one block from the Austin Convention Center, for $87 million.More>>

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Danziger joins Hampshire Hotels Management   1 Apr, 2014

It's been less than one month since Wyndham Hotel Group said former president and CEO Eric Danziger would be stepping down and replaced by Geoff Ballotti, and today Danziger assumes his new role as CEO of Hampshire Hotels Management.More>>

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Fibra Inn acquiring Mexico's Holiday Inn Tampico Altamira   1 Apr, 2014

Mexican REIT Fibra Inn has signed a binding agreement for the acquisition of the Hotel Holiday Inn Tampico Altamira, in the State of Tamaulipas, in Mexico. The agreed price was Ps. 102.5 million, with an additional Ps. 6.1 million in taxes and acquisition expenses, and Ps. 2.2 million in working...More>>

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Work to start on $51M Embassy Suites in Kansas City area   1 Apr, 2014

The Heart of America Group will break ground on a $51-million Embassy Suites & Conference Center project in Olathe, Kan. The 175,000-square-foot hotel will have 200 rooms and is scheduled to open in 2015.More>>

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Hilton's Bill Fortier on shaping company into a franchise powerhouse    31 Mar, 2014

Industry veteran continues to pave the way for Americas brand growth—one new deal at a time.More>>

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Choice's new development incentive comes on heels of new Comfort design prototype   28 Mar, 2014

Choice Hotels International has announced a first-ever development incentive for new construction Comfort Inn and Comfort Suites hotels. This announcement comes as Comfort Inn opens a spate of newly constructed properties featuring a new design.More>>

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Hunter Conference: The time is now to act   27 Mar, 2014

The theme of this year's Hunter Hotel Conference is "The time is now," and speakers have been overwhelmingly vocal that whether it's buying or selling or raising rates, now is the time to act on favorable market conditions.More>>

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IHG introduces new Holiday Inn Express design prototype   26 Mar, 2014

Through guest and hotel owner insights, InterContinental Hotels Group has announced the next evolution of the prototype for its Holiday Inn Express brand. It was developed explicitly for the brand’s portfolio of hotels in the U.S. and Canada. More>>




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