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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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Magnuson Hotels rebrands Colorado Best Western   5 Dec, 2014

Formerly the Best Western Lodge in Nederland, Colo., the hotel will upgrade its local, regional, and national market to attract travelers via an affiliation with Magnuson Hotels' global portfolio of nearly 2,000 hotels. The 23-room hotel is located near downtown Nederland and 17 miles from Boulder,...More>>

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Hotel ZaZa brand expanding with second Texas property   5 Dec, 2014

The lifestyle branded Hotel ZaZa is planning its second Dallas-area location for the 175-acre Wade Park development in Frisco. It will have about 175 guestrooms. Along with the current Dallas location, there is also a Hotel ZaZa in Houston, another that broke ground in Austin.More>>



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