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Carlson Rezidor Hotel Group to add 3,000 rooms to its India portfolio   8 Dec, 2014

The Group, which has been primarily interested in big cities in India, will have most of its planned 27-28 new hotels in tier-II cities of the country. Carlson Rezidor Hotel Group currently has 73 operational hotels across India, offering about 9,000 rooms under various categories and employs...More>>

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The Aloft Guangzhou University Park opens   8 Dec, 2014

The 272-room hotel is owned by Fineland Group. The property has over 1,640 square feet of meeting space, including one at 1,131 square feet, equipped with high speed internet access and AV equipment.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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Wyndham opens first Melbourne hotel   8 Dec, 2014

Wyndham Hotel Melbourne has 531 apartments across two towers and comprises hotel accommodation, vacation ownership, residential apartments and a retail precinct. The property was developed by Hengyi Australia, an affiliate of Shandong HYI (Group), a residential and commercial developer based in...More>>

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Marriott to up its Middle East presence with latest Saudi deal   8 Dec, 2014

Saudi-based Dur Hospitality Company signed a SR300 million-$79.92 million-agreement with Marriott International to operate an 80-unit Marriott Hotel and a 140-unit Marriott Executive Apartments in the Diplomatic Quarter in Riyadh, Saudi Arabia.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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PKF report shows high industry optimism through 2017   5 Dec, 2014

A new report from PKF Hospitality Research shows that all segments of the U.S. lodging industry are on track to enjoy strong performance for the foreseeable future. PKF's Hotel Horizon's report cites rising employment levels, combined with overall worldwide economic recovery, as a gateway to...More>>

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Home2 Suites by Hilton opens new property in College Station, Texas   5 Dec, 2014

The 111-suite hotel is located at 300 South Texas Avenue, one block away from Texas A&M University. The extended-stay hotel is also minutes from downtown Bryan, Wolf Pen Creek Park and Amphitheater and numerous stores and restaurants. The principle owner is DBG Investments.More>>

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Noble's Mit Shah to chair La Quinta board   5 Dec, 2014

La Quinta Holdings has announced that Noble Investment Group founder and CEO Mitesh “Mit” Shah has been appointed board chairman. Shah has been on the board since last year. Shah founded Noble in 1993. More>>



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