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Jin Jiang, Plateno aim to create Chinese group with global ambitions   28 Jul, 2015

Chinese hotel groups Jin Jiang and Plateno are planning a merger that would create a new hotel group with 450,000 rooms. The new group's next move is believed to be an acquisition of Starwood Hotels and Resorts Worldwide, which would make it an instant global player.More>>

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Wyndham's Q2 beats Wall Street expectations, expands vacation exchange in China   27 Jul, 2015

Wyndham Worldwide Corp. on Tuesday reported second-quarter net income of $159 million on revenues of $1.4 billion, a result that bested Wall Street expectations. Specific to Wyndham Hotel Group, revenues were $334 million in the second quarter, a full 18-percent increase over the second quarter of...More>>

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TV design: Escaping the armoire   27 Jul, 2015

Today's TVs are designed to be as aesthetically pleasing when powered down as the images they project, and with that extra attention paid to their design hotels are now more able to leave them out to be seen, rather than shuttered away to be discovered.More>>

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Jekyll Island, Ga., delays second convention center hotel construction   27 Jul, 2015

Jekyll Island officials say they still need more lodging to house big groups near the beachfront convention center. The Jekyll Island Authority had planned to choose a new private partner this spring to take over construction of a 135-room hotel that's been on the drawing boards since 2007. But a...More>>

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Chinese firms to invest more in stalled Baha Mar project   27 Jul, 2015

The stalled Baha Mar resort project in the Bahamas got a shot of good news Monday. Chinese firms building and bankrolling much of the $3.5-billion resort now say they would invest more to complete the project, construction of which was grounded after the project ran out of money.More>>

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Summit Hotel Properties acquires two Residence Inns for $56.8M   27 Jul, 2015

Summit acquired the 141-guestroom Residence Inn located in Baltimore (Hunt Valley), Md., for a total purchase price of $31.1 million, and the 101-room Residence Inn located in Branchburg, N.J., for a total purchase price of $25.7 million. Interstate Hotels & Resorts will manage the hotels.More>>

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New Home2 Suites hotel opens in Albany, N.Y.   27 Jul, 2015

The hotel is owned by Crosswinds Development, and brings 90 new suites to the capital city of Albany. Located at 10 Metro Park Road, Home2 Suites Albany Airport/Wolf Road offers guests access to Albany International Airport, located two miles from the propertyMore>>

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Hotel investment in Turkey drops   27 Jul, 2015

Hotel investments have fallen 42 percent in the first five months of 2015 year-on-year, according to a report by the Turkish Hoteliers' Association. While investment incentives for 148 projects totaled TL 2.6 billion between January and May of 2014, the figure fell to TL 1.5 billion for 114...More>>

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Carlson Rezidor brings Radisson Blu brand to Latin America   27 Jul, 2015

Carlson Rezidor Hotel Group is expanding its Radisson Blu brand to Latin America with three hotels: Radisson Blu Santiago, La Dehesa in Chile and Radisson Blu San Andrés Resort & Spa and Radisson Blu ar Santa Marta Resort & Spa in Colombia.More>>

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Indian billionaire buys Great Scotland Yard luxury project   27 Jul, 2015

Officers once used Great Scotland Yard to investigate Jack the Ripper. Soon, the famed original headquarters of the Metropolitan Police will be serving high-end cocktails, not warrants. Indian billionaire Yusuffali Kader, who heads Abu-Dhabi based Lulu Group International, has acquired London's...More>>



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