News

  • 24 November 2011

    Morgans closes sale of London hotels

    Morgans Hotel Group has completed the sale of the Sanderson and St Martins Lane hotels in London, UK, for £192m ($300m) to Capital Hill Hotels, a Middle Eastern investor.

  • 23 November 2011

    BRIC nations report hotel price boom

    High demand from corporate travellers has driven up room rates in the BRIC nations in the first half of 2011, according to the Hotels.com Hotel Price Index.

  • 23 November 2011

    Asia Pacific occupancy falls, revPAR rises

    Asia Pacific's hotel occupancy for October 2011 fell by 2% to 70% and its average daily rate rose by 8.4% to $150.60 year-on-year, according to an STR Global report.

  • 22 November 2011

    HFF arranges loan for nine hotels

    Holliday Fenoglio Fowler (HFF) has arranged $120m of refinancing for nine full-service US hotels totalling 2,264 rooms in the US states of California, Florida, Massachusetts, Minnesota, New Jersey, New York,...

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