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Historic Minneapolis building to be converted into an Embassy Suites   26 Aug, 2015

A New Orleans developer that recently bought the historic Plymouth Building in downtown Minneapolis secured $65 million in financing from U.S. Bank to transform it into a hotel. It's the latest redevelopment plan after several failed efforts, including attempts to turn it into apartments in 2013...More>>

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Hotel Equities to manage two Northeast hotels   26 Aug, 2015

The hotels are the Courtyard by Marriott in Lake Placid, N.Y., and the Hampton Inn by Hilton in Bennington, Vt. Gordon Properties, based in Albany, N.Y., owns both hotels.More>>

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Protea Hotel Select Takoradi opens in Ghana   26 Aug, 2015

The Protea Hotel Select Takoradi is located in the fourth-largest city in Ghana, and has 132 rooms, including 12 two-bedroomed apartments. The hotel has a restaurant, bar and lounge, terrace and an entertainment and pool area, as well as a gym.More>>

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India development plows ahead in 2015   26 Aug, 2015

With business booming and more money to spend on development and acquisitions, companies such as Carlson Rezidor, Hard Rock Hotels, Vantage Hospitality and Indian Hotels Company are taking the initiative to create a stronger foothold in the country.More>>

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GMR Group to sell Novotel Hyderabad Airport Hotel   26 Aug, 2015

The GMR Group plans to sell its stake in GMR Hotels & Resorts, which owns Novotel Hyderabad Airport hotel close to the Rajiv Gandhi International Airport. The sale is part of a move toward an asset light strategy for GMR.More>>

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Two hotels under construction adjacent to Brisbane Airport   26 Aug, 2015

Work officially started on the 130-room Pullman and 243-room Ibis hotels, along with the 600-capacity, 5,692-square-foot Brisbane Airport Conference Centre. The construction is part of a joint development between Scott Flynn Properties and the Flynn Property Group.More>>

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Vantage Hospitality's Value Inn and Value Hotel brands to expand India development   26 Aug, 2015

Development efforts will be headed by Gaurav Sarin, the new EVP and COO of Miraya Hotel Management. Sarin most recently served as the head of operations for Best Western India. His goal is to grow Value Inns & Hotels India to 100 hotels within the next five to seven years.More>>

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Take our NATHIC survey; chance for free Miami stay   25 Aug, 2015

In cooperation with our research partner, Lodging Econometrics, we are assessing key investment markets and current pipeline development trends. We would like to hear about your plans for 2015, in particular, which markets you are looking to buy or sell in.More>>

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The 2015 Voice of the GM Survey is now open!   25 Aug, 2015

The 2015 Voice of the GM Survey is now open through Sept. 16. The survey polls general managers on their hotel performance, professional achievements and opinions on the hotel industry.More>>

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Wyndham to face hacker suit as court upholds FTC power   25 Aug, 2015

A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cyber security, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp. of failing to properly safeguard consumers' information.More>>




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