Fortune Hospitality LLC, based in Austin, Texas, purchased the hotel asset, built in 2013, from DVD Enterprises Ltd., based in Sugar Land, Texas.
Source: New feed

IHG Hotels & Resorts has announced a new addition to its portfolio in Vietnam, Crowne Plaza Danang City Centre. The hotel, slated to open later this year, will operate under a management agreement with Regis Bay Vietnam Investment Joint-Stock Company.
Source: New feed

Hilton has announced plans to introduce its luxury brand, Signia, to Amman, Jordan. The new 272-room property, scheduled to open in January 2025, represents Signia’s first venture outside the United States.
Source: New feed

Hilton has unveiled plans for its first LXR Hotels & Resorts property in China in partnership with Zhong Ding Guo Sheng. The luxury hotel is scheduled to open in 2027 in the historic city of Xi’an. This move signifies a significant step for Hilton in expanding its luxury hotel portfolio in China.
Source: New feed

Hilton is set to expand its presence in Europe’s resort market by adding four new franchises in Greece, Portugal, and Croatia under the Hilton Hotels & Resorts, Tapestry Collection by Hilton, and Curio Collection by Hilton brands.
Source: New feed

The project transforms the beachfront of The Ritz-Carlton’s resort in Nusa Dua, Bali, into a unique Missoni-themed experience, combining Missoni’s signature designs with The Ritz-Carlton’s elegance.
Source: New feed

The Rio is now the biggest property in Hyatt’s global hotel portfolio based on room count.
Source: New feed

The Ginger Raipur Hotel, a 120-room property, will be part of a mixed-use development on the Mumbai-Kolkata National Highway (GE Road).
Source: New feed

A summary of European hotel transactions provided by HVS
Source: New feed

Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed