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HVMG/Investra Joint Venture Acquires 2-Hotel Portfolio in Bentonville, Ark.
Portfolio includes TownePlace Suites by Marriott Bentonville Rogers and Candlewood Suites Rogers/Bentonville
February 20, 2018 read more...

Residences by Mandarin Oriental Barcelona Announced for 2020
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 34 luxurious Residences by Mandarin Oriental, Barcelona housed in a 20-storey tower, with a prime location at the intersection of Passeig de Gràcia and Avinguda Diagonal.
February 20, 2018 read more...

IntercityHotel Zurich Airport Announced for 2020
A lease agreement has been concluded for the IntercityHotel Zurich Airport with Patrizier Beteiligungs AG, which will act as investor and developer, and more joint projects are in the pipeline. This will be the first hotel to operate under the IntercityHotel brand in Switzerland and is scheduled to open in 2020.
February 19, 2018 read more...

Australia Hotels Sales Volume Dives As Chinese Investors Keep Cash at Home - Sydney Morning Herald
Australia's hot hotels market eased in 2017, racking up a total $2.02 billion in transactions, with Victoria accounting for 45 per cent of the sales volume, according to research from Colliers International.
February 19, 2018 read more...

Park Plaza Kolkata Ballygunge Hotel in India Rebrands Under Radisson Brand
Located in the heart of upscale South Kolkata neighborhood Ballygunge, the hotel is within proximity of the international airport and railway station. Tourist landmarks such as Kalighat temple, the Indian Museum and Victoria Memorial are within five-kilometer radius of the hotel.
February 19, 2018 read more...

The Ritz-Carlton Sarasota Sold for $171 Million
Ashford Hospitality Prime, Inc. (NYSE: AHP) on Friday announced that it has entered into a definitive agreement to acquire the 266-room Ritz-Carlton Sarasota in Sarasota, Florida for $171 million ($643,000 per key).
February 19, 2018 read more...

Le Méridien Melbourne Hotel Announced for 2020
Marriott International today announced the signing of the 235 room Le Méridien Melbourne, in partnership with owner and developer Jinshan Investment Group. The hotel is slated to open in 2020.
February 19, 2018 read more...

Cambria Hotel Ocean City Hotel Breaks Ground in Maryland
Choice Hotels International, Inc. (NYSE: CHH) along with PiNNacle Hospitality Group and The Wankawala Organization, announced this afternoon the groundbreaking of the Cambria Hotel Ocean City. Located at 309 North 1st Street, the 133-room property is slated to open in summer of 2019.
February 15, 2018 read more...

Dorchester Collection Announces New Dubai Hotel
The new project is confirmed for one of the largest waterfront plots in Dubai's Marasi district; includes luxury hotel and residences
February 15, 2018 read more...

Mena House at the Great Pyramids of Giza Rebrands As Marriott Mena House, Cairo
Marriott Hotels makes a landmark debut steps away from the Great Pyramids of Giza, one of the Seven Wonders of the World. The company announced the rebranding of the legendary Mena House, a historic palace which has played host to Kings and Emperors, Heads of State and celebrities for over 130 years.
February 15, 2018 read more...

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