AccorHotels purchases three hotel asset portfolios in Europe representing 29 hotels with 3,677 rooms for a total of ?284 million.
The transactions comprise:
A portfolio acquired from AXA Investment
Goodwin Gaw ? chairman of private equity fund management firm Gaw Capital Partners, who advised consortium Supreme Key Ltd in buying InterContinental Hotels Group?s Hong Kong hotel for US$938
InterContinental Hotels Group signs the first Holiday Inn Express hotel in Gibraltar. The new build 120-key hotel is set to open during the summer of 2017 and will operate
Carlson Rezidor Hotel Group signs a management contract with Eurowindow Nha Trang Investment and Tourism to develop the 290-key Radisson Blu Cam Ranh Bay in Vietnam, scheduled to open
The Saudi developer behind plans for the world’s tallest building said it had secured financing to complete the record-breaking project, Agence France-Presse reported.
Kingdom Holding Co, chaired
Rosewood Hotels & Resorts has been appointed by Waterfall Management to manage Rosewood Luang Prabang in Laos, scheduled to open 2017 near the historic city of Luang Prabang, a UNESCO
Viceroy Hotel Group appoints Mike Walsh as senior vice president of hotel operations for the Americas North and South America, the Caribbean and Mexico. In his newly created role, Walsh
Starwood launches the Westin Soma Bay Golf Resort & Spa in Egypt, expanding its Westin brand in the country.
Located at the highest point of the Soma Bay peninsula in
Ashford Hospitality Prime signs an agreement to acquire the Ritz-Carlton St. Thomas in Saint Thomas, US Virgin Islands, from Marriott International for US$64 million.
The 180-room property
