Fairmont Hotels & Resorts has announced that Fairmont Grand Hotel Kyiv in Kiev, Ukraine, the luxury brand’s first hotel in Eastern Europe, will open on 27 March 2012.
Private equity firm Northwood, who purchased New York Palace hotel in summer 2011, is planning to invest $100m to renovate the property, located at 50th Street and Madison Avenue, New York City, US.
DoubleTree by Hilton has announced the opening of its fifth New York City hotel in Midtown Manhattan, located at 36th Street between Eighth and Ninth Avenues.
InterContinental Hotels Group (IHG) has announced the opening in the US of the $52m Holiday Inn New York City Midtown-31st St.
Hotel and leisure company Starwood Hotels & Resorts Worldwide is set to open an additional 80 new hotels in 2012, following last year’s addition of 81 new hotels around the globe.
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US hotel chain Best Western is to open an upscale hotel in Haiti for business travellers.
DoubleTree by Hilton has debuted in the Netherlands with the opening of DoubleTree by Hilton Amsterdam Centraal Station, formerly the Mint Hotel Amsterdam.
In an effort to cut its Rs225bn ($4.27bn) debt, Indian real estate developer DLF will sell its hotel subsidiary DLF Hotels & Hospitality (DHHL) to Square Four Housing & Infrastructure for Rs5.5bn ($104.5m).
Starwood Hotels & Resorts Worldwide debuts its Aloft brand in Detroit in Michigan, US, with a hotel in the historic David Whitney Building in Grand Circus Park.
Hyatt Place has opened the Hyatt Place Waikiki Beach hotel in Hawaii, US, by unveiling Pali Tower, the first of two towers being constructed at the property.