Hotels rush to grab a piece of Myanmar market
300,000 visitors in 2010, one million tourists in 2012, two million last year and most probably three million in 2014.… Read More »Hotels rush to grab a piece of Myanmar market
Hotel Development
Hersha Hospitality Trust to sell Hotel 373 in Manhattan for $529,000 per room
Hersha Hospitality Trust (NYSE:HT, ?Hersha? or ?the Company?), owner of upscale hotels in urban gateway markets, announced that the Company… Read More »Hersha Hospitality Trust to sell Hotel 373 in Manhattan for $529,000 per room
Starwood Hotels & Resorts brings the Luxury Collection Brand to South Korea
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Parnas Hotel Co. Ltd. today announced the signing agreement of The Parnas,… Read More »Starwood Hotels & Resorts brings the Luxury Collection Brand to South Korea
Sunstone Hotel Investors, Inc. Announces the Sale of 13-Hotel Portfolio for $144.1 Million
Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that it has completed the sale of 13 hotels (the “Portfolio”) for… Read More »Sunstone Hotel Investors, Inc. Announces the Sale of 13-Hotel Portfolio for $144.1 Million
IHG Expands the Holiday Inn? Brand Family in Brazil
InterContinental Hotels Group?(IHG), one of the world?s largest hotel companies, makes its return to the Rio de Janeiro market with… Read More »IHG Expands the Holiday Inn? Brand Family in Brazil
Starwood to debut Westin Hotels in Egypt with the new Westin Cairo Golf Resort & Spa Katameya Dunes
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it will soon introduce the Westin brand to Egypt with… Read More »Starwood to debut Westin Hotels in Egypt with the new Westin Cairo Golf Resort & Spa Katameya Dunes
AHIP buys 4 hotels in Virginia
American Hotel Income Properties, Vancouver, British Columbia, through its subsidiaries bought four hotels located in?Virginia for an aggregate purchase price… Read More »AHIP buys 4 hotels in Virginia
Chinese owners set to break ground on sprawling L.A. complex
New Chinese owners are set to break ground on a sprawling hotel and residential complex that’s expected to alter L.A.’s… Read More »Chinese owners set to break ground on sprawling L.A. complex
Starwood Hotels & Resorts Brings the Luxury Collection Brand to South Korea
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Parnas Hotel Co. Ltd. today announced the signing agreement of The Parnas,… Read More »Starwood Hotels & Resorts Brings the Luxury Collection Brand to South Korea
Rotana outlines expansion plans for 2014
Newly appointed chief executive Omer Kaddouri is continuing his residency with Rotana?s aggressive expansion plans, which are reflected in the… Read More »Rotana outlines expansion plans for 2014
Accor takes Kakadu hotels under its wing
ACCOR will replace InterContinental Hotels Group in managing the reknowned Crocodile Hotel and Cooinda Lodge in Australia?s Kakadu National Park,… Read More »Accor takes Kakadu hotels under its wing
Starwood Hotels & Resorts accelerates expansion in Australia and the Pacific
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced at the Asia Pacific Incentives and Meetings Expos (AIME) that… Read More »Starwood Hotels & Resorts accelerates expansion in Australia and the Pacific
Hyatt announces plans for first Andaz Hotel in Germany
Hyatt Hotels Corporation?(NYSE: H) today announced that a Hyatt affiliate has entered into a contract with Jost Hurler Beteiligungs-und Verwaltungsgesellschaft… Read More »Hyatt announces plans for first Andaz Hotel in Germany
Premier Inn expands in the Middle East
Action Hotels plc and Whitbread plc announced a partnership to develop Premier Inn Hotels across the Middle East. Premier Inn… Read More »Premier Inn expands in the Middle East
Carlson Rezidor Hotel Group announces the launch of two new global hotel brands: Radisson Red and Quorvus Collection
Carlson Rezidor Hotel Group, one of the world?s largest and most dynamic hotel groups, today announced at the Radisson? and… Read More »Carlson Rezidor Hotel Group announces the launch of two new global hotel brands: Radisson Red and Quorvus Collection
Yanqi Lake Kempinski Hotel Beijing to be unveiled in May 2014
European luxury hotel company Kempinski’s largest property in China will be unveiled in May 2014. The development, set on 14-square-kilometre… Read More »Yanqi Lake Kempinski Hotel Beijing to be unveiled in May 2014
Sale of InterContinental Mark Hopkins San Francisco
InterContinental Hotels Group PLC (IHG) [LON:IHG, NYSE:IHG (ADRs)] announces the sale of the 383 room InterContinental San Francisco Mark Hopkins1… Read More »Sale of InterContinental Mark Hopkins San Francisco
New York City hotels form new Triumph Hotels brand
The Iroquois New York, Hotel Chandler, Hotel Belleclaire, The Cosmopolitan, The Gershwin, and The Washington Jefferson have united to form… Read More »New York City hotels form new Triumph Hotels brand
Saudi to invest $ 30.9 billion in tourism over next decade
Hajj and Umrah a major contributor to Saudi tourism growth. ATM roadshow arrives in Riyadh today as Saudi tourism companies… Read More »Saudi to invest $ 30.9 billion in tourism over next decade
Choice Hotels Ascend Hotel Collection celebrates growth with addition of 5 new domestic hotels
Ascend Hotel Collection?from?Choice Hotels International, Inc., one of the world’s largest hotel companies, announced the addition of five domestic hotels… Read More »Choice Hotels Ascend Hotel Collection celebrates growth with addition of 5 new domestic hotels