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Starwood launched its Element brand in Europe with the opening of Element Frankfurt Airport, while the average price paid for a hotel room globally increased by 4% during the first...
Marriott International revealed plans for more than 150 hotels across 16 African countries between 2014 and 2020, while Goldman Sachs Group, Goldentree Asset Management and Avenue Capital Group agreed to...
Starwood Hotels & Resorts aims to have a total of 100 hotels in the country by the end of 2015, while Expedia agreed to acquire hotel booking website Wotif.com and...
The Ritz-Carlton Hotel Company outlined plans to open 15 new hotels by 2016, while Deutsche Bank divested its loss-making Cosmopolitan of Las Vegas casino. Hotelmanagement-network.com wraps-up the key headlines from...
Carlson Rezidor Hotel Group launched the first dual-branded hotel in Norway while Langham Hospitality Group earmarked $1.5bn for new acquisition targets in US and Europe. Hotelmanagement-network.com wraps-up the key headlines...
Starwood Hotels & Resorts Worldwide plans to expand its European hotel portfolio by nearly 40% with the opening of more than 60 new hotels by 2020 while Novotel, Accor's mid-scale...
Ashford Hospitality has signed a definitive agreement to acquire the four-star hotel Sofitel Chicago Water Tower in the US for $153m while Carlson Rezidor Hotel Group plans to launch two...
Marriott International plans to open a new hotel in Mexico and Carlson Rezidor Hotel Group is expanding its Netherlands portfolio, while Hersha Hospitality is selling its non-core portfolio to generate...
Global hotel operator Marriott International has signed an agreement to acquire Protea Hotels' brands and its management business, while the Ritz-Carlton Hotel Company plans to launch a new luxury hotel...
Pan Pacific Hotels Group has signed a conditional joint venture agreement with Shwe Taung Group for construction of its first Pan Pacific hotel, while UAE-based Rotana Hotel Management will expand...
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