Hotel Goldener Hirsch, A Luxury Collection Hotel in Salzburg, Austria Sold for €20M

Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has closed on the sale of Hotel Goldener Hirsch, A Luxury Collection Hotel in Salzburg, Austria to companies of the WILD Group for €20M (approximately $22 million USD). Starwood will continue to operate the hotel under the Luxury Collection brand flag under a new long-term management agreement.
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Andaz Ottawa ByWard Market Opens Its Doors

CHICAGO (August 22, 2016) —Hyatt Hotels Corporation (NYSE: H) announced today the official opening of Andaz Ottawa ByWard Market, marking the brand’s official entry into Canada. Andaz Ottawa…

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Marriott Boulder, CO Hotel Sold for $61.4 Million

Summit Hotel Properties, Inc. (NYSE: INN) announced that on August 9, 2016, it completed the previously announced acquisition of the 157-guestroom Marriott®in Boulder, CO for a gross purchase price of $61.4 million and entered into a management agreement with Stonebridge Realty Advisors, Inc.
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Holiday Inn Gdansk City Centre Announced for 2019

InterContinental Hotels Group (IHG) announced the signing of Holiday Inn Gdansk City Centre. The property will operate under a management agreement with real estate developers UBM Development AG and is set to open in 2019.
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