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MCR acquires a quintet of Marriott and Hilton hotels in Texas and Washington

MCR acquires a quintet of Marriott and Hilton hotels in Texas and Washington

🕔Jul 14, 2021

MCR has acquired a quintet of Marriott and Hilton hotels in Texas and Washington for $94 million.

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Wyndham Hotels & Resorts opens two new hotels in New Zealand

Wyndham Hotels & Resorts opens two new hotels in New Zealand

🕔Jul 6, 2021

Wyndham Hotels & Resorts continues to expand its brand in New Zealand by opening two new hotels.

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Hyatt Place opens third hotel in London, UK

Hyatt Place opens third hotel in London, UK

🕔Jun 29, 2021

Hyatt Place celebrates the official opening of its new hotel in the UK, Hyatt Place London.

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 Park Inn by Radisson Clark opens new hotel in Philippines

Park Inn by Radisson Clark opens new hotel in Philippines

🕔Jun 28, 2021

Park Inn by Radisson Clark has opened its all-new South Wing, adding more accommodation options for guests in the Philippines.

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Hyatt Hotels Corporation opens new hotel in the Evansville Indiana region

Hyatt Hotels Corporation opens new hotel in the Evansville Indiana region

🕔Jun 25, 2021

Hyatt Place Evansville/Downtown, the first Hyatt-branded hotel in the Evansville Indiana region, is officially open.

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IHG Hotels & Resorts opens two new hotels in France

IHG Hotels & Resorts opens two new hotels in France

🕔Jun 18, 2021

IHG Hotels & Resorts is expanding its Premium & Essentials Collections in France by openings two hotels, Crowne Plaza Nice - Grand Arenas and Holiday Inn Express Nice – Grand Arenas, in partnership with HPVA HOTELS.

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Clarion Pointe Marks 30th Hotel Milestone As Expansion Continues

Clarion Pointe Marks 30th Hotel Milestone As Expansion Continues

🕔May 21, 2021

Clarion Pointe, a midscale select-service brand extension franchised by Choice Hotels International, Inc., celebrated another milestone: the opening of its 30th property.

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First Moxy Hotel located in Quebec expected to open in 2024

First Moxy Hotel located in Quebec expected to open in 2024

🕔May 19, 2021

Marriott International announced it has signed an agreement with RIMAP Hospitality to debut Moxy Hotels brand to Montreal.

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avid hotels continues rapid growth with seven openings across US

avid hotels continues rapid growth with seven openings across US

🕔May 13, 2021

The avid hotels brand is growing with seven new cities, including three hotels in Texas

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Xenia Hotels & Resorts sells DoubleTree By Hilton Washington D.C. for $65 million

Xenia Hotels & Resorts sells DoubleTree By Hilton Washington D.C. for $65 million

🕔Apr 22, 2016

Xenia Hotels & Resorts sells DoubleTree By Hilton Washington D.C. for $65 million. The price represents a 15.7x multiple on the hotel's 2015 EBITDA and a 5.5% capitalization rate on 2015 net operating income. In addition to the purchase price, the company retained the approximately $3.1 million balance in the hotel's capital expenditure reserve account.

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New-build Novotel Hotel to touchdown at Christchurch Airport

New-build Novotel Hotel to touchdown at Christchurch Airport

🕔Apr 19, 2016

AccorHotels is pleased to announce that it will open a new-build Novotel hotel with 200 rooms at Christchurch Airport following the signing of an agreement with Christchurch International Airport Ltd.

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Actis sells Plateno Hotel Group to JinJiang Hotels

Actis sells Plateno Hotel Group to JinJiang Hotels

🕔Mar 4, 2016

Private equity investor Actis has announced the sale of its minority stake in Plateno Hotel Group (Plateno) to Shanghai JinJiang International Hotels Development Co. LTD (JinJiang Hotels), a Shanghai A share listed subsidiary of the Chinese state-owned enterprise JinJiang Group.

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