MCR Acquires Two Hotels in Indianapolis

MCR has acquired two hotels in the Racing Capital of the World, the 110-room Hampton Inn Indianapolis Northwest – Park 100 and the 78-room Residence Inn by Marriott Indianapolis Northwest.
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Radisson Collection Hotel Santa Sofia Milan to Open in 2022

Radisson Hospitality AB, part of Radisson Hotel Group, announced the signing of a new Radisson Collection property in Milan, Italy. Working in conjunction with Allianz, the group will redevelop the former Allianz Italia headquarters in Milan into the Radisson Collection Hotel, Santa Sofia Milan.
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Cambria Hotel Nashville Airport Breaks Ground

Cambria Hotels is doubling its Music City presence as Choice Hotels International, Inc. (NYSE: CHH) and Athena Hospitality Group,LLC, announced the start of construction on the brand's second upscale hotel in Nashville, Tenn. The Cambria Hotel Nashville Airport, scheduled to open in 2020, joins the Cambria Hotel Nashville Downtown, which opened in 2018.
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Hyatt Announces Plans for Hyatt Centric Kota Kinabalu in Malaysia

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with a wholly owned subsidiary of Hap Seng Consolidated Berhad group to develop a Hyatt Centric hotel in Kota Kinabalu, Sabah. Expected to open in 2021, Hyatt Centric Kota Kinabalu will be the first Hyatt Centric hotel in Malaysia.
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Park Hotels & Resorts Acquires Chesapeake Lodging Trust for $2.7 Billion

Park Hotels & Resorts Inc. (NYSE: PK) and Chesapeake Lodging Trust (NYSE: CHSP) today announced that they have entered into a definitive merger agreement under which Park will acquire all the outstanding shares of Chesapeake in a cash and stock transaction valued at approximately $2.7 billion (inclusive of transaction costs).
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