Live Nation Acquires David Grutman's Groot Hospitality

The company's footprint currently includes LIV (2009), Story (2012), Komodo (2015), Swan & Bar Bevy with Pharrell Williams (2018) and Papi Steak (2019) and is set to expand with 11 new projects in Miami, Las Vegas, Dallas & Dubai slated to open in the next 24 months.
Source: New feed

Element Hotels Debuts Innovative Communal Living Room Concept

Element’s New Studio Commons Concept is the First in the Industry to Blend a Hotel Room with the Flexibility of a Home, Providing an Innovative Design for Groups Looking to Spend Time Together in a More Private Setting, While Still Enjoying the Convenience of a Hotel Room
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IHG Signs Holiday Inn Express Bengaluru Bommasandra

The new-built hotel will feature 170 keys and is expected to be operational by Q4 2022. IHG currently operates three Holiday Inn Express hotels in Bengaluru, and the recent signing will further strengthen the brand's presence in the city.
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IHG Signs Agreement for Holiday Inn Madinah West

IHG (InterContinental Hotels Group) has signed a Management Agreement with The Arabian Hospitality Company, to open Holiday Inn Madinah West in 2022. The new property will cater to the influx of religious tourists expected as part of Vision 2030 and reinforces IHG's commitment to expand its presence and diversify its portfolio across the Kingdom.
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DoubleTree by Hilton Toyama to Open in 2022

Hilton (NYSE: HLT) today announced that the company entered into a management agreement with Ikeda Hotel Management Co., Ltd. to open DoubleTree by Hilton Toyama in 2022. This is the first property for Hilton in the Hokuriku region, located in northwest Japan.
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The Clan Hotel Singapore to Open Q2 2020

Far East Hospitality today held a press conference at ITB Asia 2019, where Mr Arthur Kiong, Chief Executive Officer, Far East Hospitality, introduced upcoming modern luxury hotel – The Clan Hotel Singapore.
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Marriott International Purchases W New York – Union Square for $206 Million

Marriott International, Inc. (NASDAQ: MAR) today announced that it has purchased the 270-room W New York – Union Square in the heart of Manhattan’s dynamic Union Square neighborhood. The company paid $206 million for W New York – Union Square, with plans for a significant renovation.
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