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US-based real estate investment firm MIG Real Estate, formerly known as Stoneridge Capital Partners, has acquired the Point Inn & Suites Hotel in Jackson, Wyoming, US.
UK-based mobile virtual network operator Lebara Group has acquired a property in Chennai, India, from RAS Adyar Hotel for Rs1.1bn ($23m).
US-based hotel management company Interstate Hotels & Resorts is to invest in a portfolio of nine hotels in the Netherlands.
Investment holding firm Alliance Global Group (AGI) is to add four new hotels over the next five years at Resorts World Manila in Pasay City, Philippines.
Sofitel is to open a new five-star hotel, Sofitel Phnom Penh Phokeethra, in Phnom Penh, Cambodia. The $50m property features eight restaurants and bars, a lounge, a 1,800m² ballroom, meeting...
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