Airbnb is Building Hotels – Business Insider

Airbnb has built a hotel. Of course, the company isn’t calling it anything as crude as that. The startup has announced the formation of a new design studio, Samara, that has a mission of ‘exploring new attitudes towards sharing and trust.’
Source: New feed

Bar Louie Inks Franchise Deal for Five Houston Locations

The first location is planned to open by the end of 2016. The five franchised restaurants will join three corporate-owned Bar Louies currently in the area at Willowbrook Mall, Baybrook Mall and The Woodlands.
Source: New feed

WoodSpring Suites to Open in Stockbridge, Georgia

WoodSpring Hotels has partnered with Pragat 1921 to build a new prototype WoodSpring Suites hotel. The property will be located on Highway 138 in Stockbridge, Ga. This will be the fourth WoodSpring Hotels property either open or under development in Metro Atlanta.
Source: New feed

Renaissance Esmeralda Indian Wells Resort Sold for $75.9 Million

FelCor Lodging Trust Incorporated (NYSE: FCH) today announced that it sold the 560-room Renaissance Esmeralda Indian Wells Resort for gross proceeds of $75.9 million. FelCor will use the proceeds to repay borrowings under its line of credit.
Source: New feed