RIU Increases Stake in TUI

The purchase of of 1,100,000 shares represents an investment of more than 10 million euros and increases the stake held by RIU in TUI AG to 3.56%
Source: New feed

Best Western Acquires Soft Brand WorldHotels

Best Western Hotels & Resorts announced today it has acquired global hotel brand WorldHotels representing a collection of approximately 300 hotels and resorts in premier destinations around the world.
Source: New feed

Colliers International Hotel INNvestment Canada Report Q4 2018 (PDF Download)

Strong national demand trends continue to support Canada’s lodging sector with investors remaining optimistic about the hotel asset class in 2019. Download the Hotel INNvestment Canada Q4 Report for results of the Canadian Hotel Investment Sentiment Survey and a 2018 Transaction Preview.
Source: New feed

Hard Rock Hotel & Casino Sacramento at Fire Mountain Holds Topping Off Ceremony

Hard Rock Hotel & Casino Sacramento at Fire Mountain held a topping off ceremony on Feb. 13, 2019, to celebrate reaching this major construction milestone in the project. The property is slated to be the premier entertainment destination in Northern California once it opens in fall of 2019.
Source: New feed