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February 2016

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SAMHI Hotels completes $51.5m acquisition of Hyatt Regency in Pune, India 10 February 2016 SAMHI Hotels has acquired Ascent Hotels-owned Hyatt Regency in Pune, India, for Rs3.5bn...

January's top stories: AC Hotels to open 22 hotels, Marriott launch dual-branded property 09 February 2016 AC Hotels by Marriott announced 22 hotels opening in 2016, Marriott International launched its first dual-branded property, the Courtyard by Marriott and Fairfield by Marriott, in India, while...

Wyndham Hotel Group opens its third Ramada hotel in Bali, Indonesia 08 February 2016 Wyndham Hotel Group has opened its third Ramada hotel in Bali,...

Kimpton to open first Ohio hotel in March 05 February 2016 Kimpton Hotels & Restaurants plans to open The Schofield Hotel in March, following a $50m renovation of the Schofield Building in Cleveland, Ohio,...

ButlerTech to incorporate services into Guestline’s Rezlynx PMS 03 February 2016 ButlerTech Group and hotel software company Guestline have entered a strategic partnership, which will see the former integrating its services into Guestline's Rezlynx property management...

Ssangyong and Besix win contract to build $1.4bn Royal Atlantis resort in Dubai 01 February 2016 Ssangyong Engineering & Construction and Besix have been contracted to build a new $1.4bn Royal Atlantis resort on the Palm Jumeirah Island in Dubai,...

January 2016

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Marriott International introduces its first dual-branded hotel in India 29 January 2016 Marriott International has launched its first dual branded property, the Courtyard by Marriott and Fairfield by Marriott, in...

Jin Jiang Hotels signs management agreement with Shanghai Duck King Real Estate Development 27 January 2016 Jin Jiang International Hotels has signed an agreement with Shanghai Duck King Real Estate Development to provide management services for the upcoming Grammy Jin Jiang Hotel in Shanghai,...

Arbor Lodgings Partners acquires Staybridge Suites Hotel in Ohio, US 25 January 2016 Chicago-based Arbor Lodgings Partners has acquired the 123-room Staybridge Suites Cleveland Hotel in Mayfield Heights, Ohio, the...

Dogus Group adds a new hotel in Rome to its portfolio 22 January 2016 The Doğuş Group, in Turkey, Istanbul, adds a new member to its portfolio of luxury hotels with the acquisition of the family-owned Aldrovandi Villa Borghese Hotel at the edge of Villa Borghese...

Major fire breaks out at famed Ritz hotel in Paris 20 January 2016 A major fire has broken out at the famed luxury hotel Ritz in Paris, France, only two months ahead of its...

Ritz-Carlton to open Paradise Valley hotel in Arizona 18 January 2016 Ritz-Carlton Hotel Company and the Five Star Development Resort Communities have agreed to build a new $2bn Ritz-Carlton resort and residences in Paradise Valley near Scottsdale, Arizona,...

Hard Rock International to open its second hotel and casino in Santo Domingo 15 January 2016 Hard Rock International has opened its second hotel and casino in Santo Domingo, the capital city of Dominican...

India's Lemon Tree Hotels plans for IPO 13 January 2016 Delhi-based hotel chain Lemon Tree Hotels is planning an initial public offering (IPO) in the next 18...

Cachet Hotel Group to open lifestyle hotel in Zhejiang Circuit, China 11 January 2016 Cachet Hotel Group plans to expand the Cachet brand within Zhejiang Circuit in Shaoxing,...

Laurus Corporation aquires Vail Cascade Resort and Spa in Colorado 08 January 2016 Laurus Corporation, a private real estate investment and development firm, has purchased Vail Cascade Resort and Spa, a 'ski-in/ski-out' hotel in Vail, Colorado, the...

AC Hotels by Marriott to open 22 hotels in 2016 06 January 2016 AC Hotels by Marriott, Marriott International's upper-moderate-tier lifestyle brand, has announced 22 hotels slated to open in...

Action Hotels agrees for JV to acquire a new building in UAE 04 January 2016 Action Hotels PLC and Action Group Holdings have established a joint venture (JV) to gain a leasehold interest in a new building in Ras Al Khaimah, the...

December 2015

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Seasons Greetings 24 December 2015

Starwood opens St. Regis hotel in Macau 23 December 2015 St. Regis Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide has opened the 400-room St. Regis Macao hotel in Cotai Central,...

Marriott International raises $500m for Gaylord Rockies Resort and Convention Centre 22 December 2015 Marriott International has raised a $500m loan from Wells Fargo Bank for the construction of Gaylord Rockies Resort and Convention Centre in Aurora,...


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