Red Planet to Invest Up to 22 Billion Yen Into New Hotels in Japan

Red Planet Japan Inc. (3350:JP) today announced the formation of a joint venture with funds managed by GreenOak Investment Management K.K., the Japanese arm of GreenOak Real Estate, that will develop Red Planet branded hotels in select city centres throughout Japan.
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132 Room Cambria Hotel to Open 2020 in Jacksonville, Fla

Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with Ash Properties to develop a five-story, 132-room Cambria Hotel in Jacksonville, Fla. The hotel is slated to open in 2020.
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Hilton Birmingham at UAB Completes Conversion

Hilton Birmingham at UAB, The University of Alabama at Birmingham’s flagship hotel on campus, has completed its multi-million dollar renovation, officially converting from a DoubleTree by Hilton property to a Hilton Hotels & Resorts hotel.
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