All articles by Gujjarlapudi Satish
Atrium Hospitality takes over management of three new hotels in US
Atrium Hospitality has expanded its portfolio by taking over the management of three new hotels in the US from Winegardner & Hammons Hotel Group.
Accor to expand portfolio in Philippines to 22 hotels by 2024
French multinational hospitality group Accor has announced plans to expand its portfolio in the Philippines to 22 hotels with over 5,500 rooms by 2024.
Marriott agrees to buy Elegant Hotels for $130.1m
Marriott International has signed an agreement with the Elegant Hotels Group’s board to acquire the company in a recommended all-cash offer of £100.8m ($130.1m).
Goldman Sachs to purchase B&B Hotels from PAI Partners
Goldman Sachs has entered a deal to acquire B&B Hotels from private equity group PAI Partners, for an undisclosed sum.
Hilton Grand Vacations opens Ocean Tower hotel in Hawaii
Hilton Grand Vacations (HGV) has opened Ocean Tower by Hilton Grand Vacations Club, the company’s fourth property in Waikoloa and first on Hawaii Island providing direct oceanfront views.
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Hyatt Hotels to acquire Two Roads Hospitality for $480m
Hyatt Hotels has signed an agreement to purchase international lifestyle hotel management company Two Roads Hospitality for around $480m.
Omni Hotels begins construction on $241m Oklahoma City Hotel
International luxury hotel company Omni Hotels & Resorts has commenced construction on Omni Oklahoma City Hotel at 100 West Oklahoma City Blvd. with an investment of $241m.
Saudi Arabia’s Warifat to develop three Archipelago hotel brands
Indonesian hotel group Archipelago International has entered into long-term master franchise agreement with Saudi Arabia-based Jabal Omar Development Company’s (JODC) subsidiary Warifat Hospitality.
Hyatt to launch Andaz brand in Caribbean
Hyatt Hotels has unveiled plans to establish a new hotel, Andaz Turks & Caicos at Grace Bay in the Caribbean.
Marriott expects branded residential portfolio to expand by 70%
Global hospitality major Marriott International expects its branded residential portfolio to grow by more than 70% globally over the next four years.