IHG’s US revPAR rises
InterContinental Hotels Group (IHG) has reported an 8% increase in US revenue per available room (revPAR) for the third quarter of 2011, driven by an occupancy growth of 3% and...
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InterContinental Hotels Group (IHG) has reported an 8% increase in US revenue per available room (revPAR) for the third quarter of 2011, driven by an occupancy growth of 3% and...
Qatar-based Retaj Hotels & Hospitality will expand its Middle East portfolio to 20 hotels over the next five years.
French hotel group Accor will double its presence in the Middle East by 2015.
Hilton Worldwide, with its portfolio of ten hotel brands, has announced the 2010 results of its sustainability measurement system, LightStay.
Hotel investment during the first half (H1) of 2011 in five core European markets reached €2.5bn, a rise of 29% on the figure for the same period last year, according...
LaSalle Hotel Properties reported a 6.4% increase in revenue per available room (revPAR) for the third quarter of 2011.
The hotel development pipeline in the Middle East and Africa for September 2011 comprised 481 hotels totalling 130,479 rooms, according to STR's Global Construction Pipeline Report.
Hyatt Regency New Orleans in Louisiana, US, has reopened following a $275m redesign after Hurricane Katrina in 2005.
DiamondRock Hospitality has entered an agreement to sell three US hotels to an affiliate of Inland American for $262.5m.
Hard Rock International has signed an agreement with Palace Resorts to transform Palace Resorts properties in the Mexican resorts of Cancun, Puerto Vallarta and Riviera Maya into Hard Rock Hotels.
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