Qatar government-owned fund Katara Holding has acquired 100% of Plaza Hotel, a New York hotel in which Sahara India owned majority stake, for about $600m.
4 July 2018
2 July 2018
Japan-based technology firm SoftBank has invested in Handy Japan, a mobile device service provider for hotel guests that offers information on popular tourist destinations and internet access.
28 June 2018
Host Hotels & Resorts, a Bethesda, Maryland-based real estate investment trust, is exploring divestment of a large portfolio of non-core hotels.
25 June 2018
Bloom Hotel Group has won the auction for a three-star hotel located at Janpath lane in New Delhi, India.
5 June 2018
Choice Hotels International, a franchisor of the Cambria Hotels brand, has signed a multi-unit agreement with Stratus Development Partners to develop Cambria hotels in the US.
4 June 2018
Country Garden Hotels Group has entered into a strategic partnership as per which several Country Garden hotel properties will be managed by Hilton primarily under its DoubleTree by Hilton and...
25 May 2018
An unnamed affiliate of White Lodging Services has purchased the Marriott Nashville Hotel situated adjacent to Vanderbilt University in Tennessee, US for an undisclosed sum.
17 May 2018
US-based private equity firm Noble Investment (Noble) has announced the acquisition of newly renovated Residence Inn by Marriott Tampa Downtown in the business and financial district of the Tampa Bay...
1 May 2018
French hospitality group AccorHotels has reached an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts, in a cash transaction valued at €482m.
17 April 2018
InterContinental Hotels Group (IHG) is set to open its new property Hotel Indigo Gibraltar, as part of a franchise agreement signed with property developer Roquebrook.