From the Arabian Hotel Investment Conference (AHIC) in Dubai, Starwood Hotels & Resorts Worldwide has announced that it is on track to grow its portfolio in the Middle East to 100 hotels by 2020.
HNA Tourism Group Co., Ltd., a division of HNA Group Co., Ltd., a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance, and online services among other sectors, and Carlson Hospitality Group, Inc. today announced they have entered an agreement, for the acquisition of Carlson Hotels, Inc.
Ascend Hotel Collection from Choice Hotels International has announced the addition of the Hope Town Harbour Lodge in the Abacos, a chain of islands in the northern Bahamas, to its expanding offerings in the Caribbean. The lodge sits in picturesque Elbow Cay, Abaco at Hope Town in a secluded tropical location only accessible by boat.
Marriott International and Starwood Hotels & Resorts Worldwide have recently announced that at separate special stockholder meetings the stockholders of both companies approved proposals relating to Marriott’s acquisition of Starwood.
Hilton Worldwide today announced plans to enhance long-term shareholder value by spinning off the bulk of its real estate business into a publicly traded real estate investment trust (REIT) and by spinning off its timeshare business, Hilton Grand Vacations (HGV), as a separate publicly traded company.