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Archive of industry news from the global hotel industry

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June 2016

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Arbor Lodging Partners buys Hilton Garden Inn Oakland/San Leandro 22 June 2016 Arbor Lodging Partners has acquired Hilton Garden Inn Oakland/San Leandro in San Leandro, California, US for an undisclosed...

Hygiene and cleanliness play key role in booking a hotel, says study 20 June 2016 A recent study in the UK has revealed that hygiene and cleanliness are of great importance for booking a...

G6 Hospitality opens 100th Studio 6 location 17 June 2016 US-based owner and operator of economy lodging locations G6 Hospitality has opened its 100th Studio 6 location in Colorado City,...

Peachtree Hotel Group to invest $183m in ten new hotels 14 June 2016 US-based Peachtree Hotel Group (PHG) has announced plans to invest about $183m in ten new hotels, which will add to its portfolio of select-service properties nationwide....

Interstate Hotels & Resorts to manage Sheraton Cerritos Hotel 10 June 2016 Interstate Hotels & Resorts has been selected to manage the Sheraton Cerritos Hotel, which was recently acquired by Crown Jewel of Pacifica, which will boost investment in capital upgrades to...

sbe to introduce SLS Atlanta Hotel & Residences in Atlanta 10 June 2016 sbe, the Los Angeles-based firm that develops, manages and operates hospitality venues, plans to launch SLS Atlanta Hotel & Residences, which is located in vibrant Midtown Atlanta....

Paséa Hotel & Spa opens in California 10 June 2016 Pacific Hospitality Group (PHG) and R.D. Olson Development have opened Paséa Hotel & Spa, which is the latest addition to the Meritage Collection's portfolio of lifestyle and luxury hotels...

MGM Resorts and Sydell to rebrand Monte Carlo Resort and Casino in US 03 June 2016 MGM Resorts International and Sydell Group have partnered to rebrand and transform Monte Carlo Resort and Casino in the US....

Noble acquires 1,396-room Marriott Hotel portfolio 03 June 2016 Noble Investment Group has closed the purchase of a 1,396-room portfolio of Marriott branded select-service and extended stay hotels from Ashford Hospitality...

sbe sells The Redbury Hotel in Los Angeles for $40.9m 02 June 2016 sbe, the Los Angeles-based hospitality company that develops, manages and operates hospitality venues, has announced the sale of The Redbury Hotel in Los Angeles, California for...

May 2016

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Marriott Vacation Club completes sale of Australia’s Surfers Paradise Marriott Resort & Spa 27 May 2016 Marriott Vacation Club has sold the hotel component of Australia-based Surfers Paradise Marriott Resort & Spa to Bensonlily Surfers Paradise for $50m...

Spain’s IBEROSTAR to open two new hotels in New York City and Miami, US 27 May 2016 Spain-based IBEROSTAR Hotels & Resorts has revealed plans to open two new hotels in New York City and Miami, expanding its footprint into the...

Le Méridien Versailles in Montréal, Canada completes renovation 26 May 2016 Starwood Hotels & Resorts Worldwide has announced that its brand Le Méridien Versailles in Montréal, Canada has completed renovation of the 108-guestroom hotel, including two penthouse...

South Dakota’s WaTiki Indoor Waterpark Resort to improve facilities 20 May 2016 WaTiki Indoor Waterpark Resort in Rapid City of South Dakota, along with Liv Hospitality, has plans to roll out several new components....

TJM Properties acquires Crowne Plaza Syracuse hotel in New York 20 May 2016 TJM Properties, a Florida-based real estate and hospitality firm, has bolstered its hotel portfolio with the acquisition of the Crowne Plaza Syracuse, in Central New York....

Bedford Village Inn to open in New Hampshire 20 May 2016 Bedford Village Inn is set to open The Grand at Bedford Village Inn, in Boston of Bedford, New Hampshire, on 14...

Interval Leisure Group closes acquisition of Vistana Signature Experiences 13 May 2016 Interval Leisure Group (ILG) has completed the acquisition of Vistana Signature Experiences, the owner and operator of high-end vacation ownership resorts, from Starwood Hotels & Resorts...

Hyatt House Portland/Downtown to open in July 12 May 2016 Hyatt House Portland/Downtown, a 203-room upscale hotel owned by RiverPlace Hotel Investors, is set to open in July 2016....

SBE signs agreement to acquire Morgans Hotel 10 May 2016 SBE has signed a definitive agreement to purchase Morgans Hotel Group in an all-cash transaction, in a move that will bolster SBE's position in lifestyle hospitality management, entertainment,...

Kohlberg acquires Interstate from Thayer Lodging and Jin Jiang International Hotels 06 May 2016 US-based private equity firm Kohlberg has acquired third party hotel management company Interstate from Thayer Lodging and Jin Jiang International...

DoveHill and Wurzak Hotel Group acquire Hyatt Place King of Prussia in Pennsylvania 05 May 2016 The combined venture of DoveHill and Wurzak Hotel Group has completed acquiring the Hyatt Place King of Prussia...