Weekly Hotel Industry Asia Pacific News Roundup from from HVS
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Radisson Hotel Group and PPHE Hotel Group announced that they have extended their longstanding strategic partnership. Through the partnership, they will jointly develop a global portfolio of premium lifestyle art'otels in key gateway cities and capitalize on growth opportunities presented by PPHE's current and future property portfolio.
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With these acquisitions, The Siegel Group expands its Siegel Select brand into the new markets of Oklahoma City, Houston and San Antonio and increases the total number of Siegel Suites and Siegel Select properties throughout the United States to 59.
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CHICAGO (May 18, 2022) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with The Red Sea Development Company for Miraval The…

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HVS Brokerage & Advisory announced the sale of the 132-key Studio 6 Houston – Clear Lake, located at 15313 Gulf Freeway, Houston, Texas 77034.
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The restaurant will be located at 1920 Black Rock Turnpike in Fairfield, CT and will be open in late summer or early fall of 2022.
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Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9), one of the world's first vegan fast-food chains and the first to go public, today announced new developments in its Western Canada locations.
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Davidson Hospitality Group has been selected by Starwood Capital Group to manage seven branded hotels under its Davidson Hotels operating vertical: Aloft San Francisco Airport, The Westin San Francisco Airport, Le Méridien Atlanta Perimeter, Sheraton Memphis Downtown, Sheraton Columbus at Capitol Square, DoubleTree Suites by Hilton Columbus Downtown and the soon-to-open Embassy Suites by Hilton Nashville Downtown.
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Playa Hotels & Resorts (NASDAQ: PLYA, Playa) and the Caribbean, and Marriott International, Inc. today announced an agreement between Francisco Martínez, the owner of Sanctuary Cap Cana, and Marriott International to debut Marriott's first all-inclusive extension of The Luxury Collection brand in the Dominican Republic with Sanctuary Cap Cana, a Luxury Collection Adult All-Inclusive Resort.
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Company initiates process to sell its Russian business, seeks to include future employment for Russian employees as part of terms
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