IHCL Announces Strategic Partnership for Over 150 Hotels in India

Indian Hotels Company (IHCL) has entered a strategic partnership to acquire controlling stakes in ANK Hotels Pvt Ltd and Pride Hospitality Pvt Ltd, and signed a distribution agreement with Brij Hospitality Pvt Ltd, expanding its portfolio to over 550 hotels.
Source: New feed

Marriott Seattle Waterfront Hotel Sold for $145 Million

Braemar Hotels & Resorts Inc. (NYSE: BHR) today announced that it has closed on the previously announced sale of the 369-room Marriott Seattle Waterfront in Seattle for $145 million ($393,000 per key).
Source: New feed