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InterContinental Vientianeto Open 2021 in Laos
InterContinental Hotels Group (IHG) has signed a management agreement with Lao International Development Co. Ltd. to open the first InterContinental hotel in Laos.
December 5, 2016 read more...

Marriott International Sells The St. Regis San Francisco Hotel for $175 Million
Marriott International, Inc. (NASDAQ: MAR) last week announced it has completed the sale of The St. Regis San Francisco hotel for approximately $175 million to Qatar Investment Authority (QIA). Marriott will continue to manage the hotel under a long-term management contract.
December 5, 2016 read more...

American Hotel Income Properties REIT LP Announces Renewal of Six Long-Term Rail Crew Lodging Contracts to 2022
The Contract Renewal encompasses three contracts maturing in 2016 and three contracts maturing in 2017, which cover six Oak Tree Inn hotels with a total of 432 guestrooms, or 11.1% of AHIP's total rail crew guestrooms.
December 5, 2016 read more...

Hilton Board of Directors Approves Spinoff of Park Hotels & Resorts and Hilton Grand Vacations
Hilton shareholders to receive two shares of Park, one share of HGV for every 10 shares of Hilton; Hilton to effectuate 1-for-3 reverse stock split following distribution
December 5, 2016 read more...

Marriott International Luxury Brands Group Launched
The Marriott International Luxury Brands group now includes the St. Regis, The Luxury Collection and W Hotels, The Ritz-Carlton, Ritz-Carlton Reserve, Bulgari Hotels & Resorts, EDITION and JW Marriott brands.
December 5, 2016 read more...

Autograph Collection Resort to Open in Antigua and Barbuda
The estimated $40 million project, which broke ground on November 29, 2016 will be situated just two miles west of the island's capital, St. John's, and a convenient six miles west of the airport.
December 1, 2016 read more...

Wyndham Hotel Group Acquires Fën Hotels
The acquisition dramatically expands Wyndham Hotel Group’s management operations and presence across Latin America
December 1, 2016 read more...

Manhattans's Renwick Hotel Joins Curio Collection
Once home to John Steinbeck, Thomas Mann and other celebrated writers and artists, The Renwick Hotel, a historic property in the heart of midtown Manhattan, is now open as part of Curio – A Collection by Hilton.
December 1, 2016 read more...

Raffles Beijing Hotel to Be Renamed Beijing Hotel NUO
On 1st December 2016, Luxury Brand NUO, managed under Key International Hotels Management Co., Ltd., will add a second hotel to its portfolio. Raffles Beijing Hotel will be renamed Beijing Hotel NUO. The landmark hotel which was opened in 1917 is one of the oldest Luxury hotels in China and has witnessed many historic events over the last 100 years.
November 30, 2016 read more...

American Hotel Income Properties REIT LP Completes Acquisition of Six Hotels in Florida for US$61.0 Million
American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a portfolio of six branded, select-service hotels located in Tampa, Orlando, Sarasota and Fort Myers, Florida for an aggregate purchase price of US$61.0 million
November 30, 2016 read more...

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