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November 2014

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AHIP completes acquisition of four branded hotel properties in US
27 November 2014 Canada-based American Hotel Income Properties REIT (AHIP) has completed its previously announced acquisition of a portfolio of four branded hotel properties in North Carolina and Florida in a...

Naumi Hospitality to open first international property in New Zealand
27 November 2014 Singapore-based Naumi Hospitality has signed an agreement to acquire and assume management of its first international property, Hotel Grand Chancellor Auckland Airport in New Zealand, which...

New $1.6bn hotel development proposed for 2022 FIFA World Cup in Qatar
26 November 2014 A new $1.6bn hotel and conference/expo centre dubbed, 'Silver Pearl Hotel,' has been proposed for the 2022 FIFA World Cup in...

JW Marriott to open first Italian property in Venice
26 November 2014 JW Marriott Hotels & Resorts has unveiled plans to open its first Italian property in Venice in 2015....

Meritus Hotels & Resorts to manage new-build resort in Indonesia
25 November 2014 Singapore-based Meritus Hotels & Resorts has entered a management agreement with Indonesian property developer PT to operate a new-build resort in Seminyak, Bali....

Turkey witnesses lowest hotel occupancy rate in October
25 November 2014 A new statement released by the Turkish Touristic Hotels and Investors Association (TUROB) has revealed that hotel reservations in Turkey are on the decline due to conflicts in...

Marriott to open new Fairfield hotel in El Salvador
24 November 2014 Marriott International has unveiled plans to open a 130-room Fairfield by Marriott in El Salvador in 2016....

Hyatt Hotels to open first Park Hyatt hotel in Auckland, New Zealand
24 November 2014 An affiliate of Hyatt Hotels has signed a management agreement with Fu Wah New Zealand to open first Park Hyatt-branded hotel in Auckland in 2017....

Pebblebrook to acquire 264-room hotel in Los Angeles for $78.7m
21 November 2014 Pebblebrook Hotel Trust completed the $78.7m purchase of the Hotel Palomar Los Angeles – Westwood in Los Angeles, California, US....

IHG to open third property in Medellin, Colombia
21 November 2014 InterContinental Hotels Group (IHG) has signed a new-build Crowne Plaza hotel in Medellin,...

JW Marriott opens second property in Houston, US
20 November 2014 JW Marriott Hotels & Resorts and Pearl Hospitality have officially opened the JW Marriott Houston Downtown in Texas, US....

DiamondRock Hospitality to buy Fort Lauderdale hotel for $149m
20 November 2014 DiamondRock Hospitality Company has agreed to acquire the Westin Beach Resort & Spa, Fort Lauderdale hotel in Florida, US, for...

Marriott International expands AC Hotels portfolio with three new properties
19 November 2014 Marriott International has expanded its AC Hotels portfolio with three new properties in Spain, Turkey and...

Strategic to acquire Four Seasons Resort Scottsdale for $140m
19 November 2014 Strategic Hotels & Resorts has entered into an agreement with an affiliate of Walton Street Capital to acquire Four Seasons Resort Scottsdale in Arizona, US, for around...

R Hotels unveils plans for sharia-compliant hotel at Palm Jumeirah
18 November 2014 R Hotels has unveiled plans for a AED500m ($136.2m), sharia-compliant, four-star hotel and spa on the Palm Jumeirah island in Dubai, UAE....

DiamondRock to sell Los Angeles Airport Marriott hotel for $160m
18 November 2014 US-based DiamondRock Hospitality has signed a purchase and sale agreement to sell Los Angeles Airport Marriott for around $160m....

Clarksburg authority issues RFP for new hotel and conference centre
17 November 2014 The Clarksburg Urban Renewal Authority (CURA) in the US has issued a request for proposals (RFP) for a new hotel and a conference centre....

Four Seasons to open five new properties in 2015
17 November 2014 Four Seasons Hotels and Resorts is set to open five new properties in the US, Morocco, South Korea and Bahrain in 2015....

ARC Hospitality to acquire Equity Inns hotel portfolio for $1.808bn
14 November 2014 American Realty Capital Hospitality Trust (ARC Hospitality) has agreed to acquire the Equity Inns hotel portfolio for $1.808bn....

Pebblebrook acquires The Westin Colonnade hotel in Miami
14 November 2014 US-based Pebblebrook Hotel Trust has acquired The Westin Colonnade Coral Gables hotel in Miami, US, for $59.4m....

Hotels to reach highest occupancy in 2015 since 1984, says PwC US
13 November 2014 Hotel room rate gains are expected to speed-up in 2015 as the industry reaches its highest occupancy level since 1984, according to a new lodging forecast by PwC US....