IHG and JHV group will develop a Crowne Plaza and Holiday Inn, which are set to open in 2021.

The 97-suite property offers studio, one- and two-bedroom accommodations, and includes fully equipped kitchens and separate living and sleeping areas.

The total global hotel pipeline stands at 12,427 hotels and 2,084,940 guestrooms, up 8 percent by hotels year-over-year.

The company is scheduled to launch 13 hotels in the coming year.

With hotel brands, investors and potential guests all targeting Croatia, the fight for quality spaces is heating up.

The property first opened in 1962, and counted Elvis Presley, Carol Channing, Jimmy Carter, James Brown, Nelson Rockefeller and Dr. Martin Luther King, Jr.…

In addition to a makeover of the 300-guestroom hotel, the company also upgraded the 21st-floor ballroom, conference room, guestroom elevator lobbies and…

Private lender Hall Structured Finance closed a $17.3-million loan to fund the construction of this new 126-room hotel.