Hotel transactions in the U.S. top 25 markets accounted for just 37% of sales in 2017, down from 52% of all sales in 2016.
Source: New feed

Hilton (NYSE:HLT) last week announced plans to open a new hotel in Copenhagen, following a franchise agreement with BC Hospitality Group A/S (BCHG).
Source: New feed

CHICAGO (March 13, 2018) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Place Macaé, a smartly designed, high-tech and contemporary hotel in the Brazilian state of…

Source: New feed

CHICAGO (March 13, 2018) – Hyatt Hotels Corporation (NYSE: H) today announced executed management and franchise contracts for five hotels. The executed contracts, which represent important…

Source: New feed

The agreement provides SouthRock the rights to develop and operate Starbucks stores in Brazil.
Source: New feed

Hong Kong based Asia Prestige Management (APM) had successfully secured Ranveli Island Resort in Dec 2017. The island is strategically located in South Ari Atoll of Maldives and only 25 minutes seaplane ride from Male City. The resort will be re-branded as Zazz Island Resort.
Source: New feed

Development plans for the restaurants are currently underway, which are slated to open over the next several years throughout the Warrensburgand Sedalia areas. The first of the three restaurants is scheduled to open in 2019, with future development plans throughout the state thereafter.
Source: New feed

AccorHotels is consolidating its international presence and has reached the symbolic milestone of operating in 100 countries.
Source: New feed

The group has signed a Hilton Garden Inn hotel to open in the Parisian suburb of Massy and a Hampton by Hilton property near Toulouse Airport under franchise agreements with Naos Hôtel Groupe and NT Hotel Gallery respectively.
Source: New feed

Joseph P. Kennedy, President of CIP, worked closely with the Seller and Buyer, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Source: New feed