Hilton Garden Inn Bethesda Downtown, Maryland Sold

Dauntless Capital Partners has purchased the 216-key Hilton Garden Inn Bethesda Downtown, it was announced today. The deal closed on June 8, 2023 in a purchase from Bethesda Hotel Associates, LLC, an affiliate of The Donohoe Companies, Inc.
Source: New feed

Accor Sells Its 33% Stake in Moroccan Hotel Operator Risma

Accor announces that it has reached an agreement with Mutris – a Moroccan investment company bringing together private and institutional investors – under which Accor will sell its 33% stake in Risma, Morocco's leading publicly listed hotel operator.
Source: New feed

IHG to Bring a New Holiday Inn Resort to Kasauli

IHG Hotels & Resorts has announced the signing of a management agreement with AHG Hotels & Resorts Private Limited to develop the Holiday Inn Resort Kasauli. The new-build property will feature 300 rooms.
Source: New feed