Mantra Group Acquires Australian Owned Art Series Hotel Group

Mantra Group today announced it has entered into an agreement with the Deague Group to acquire the Australian-owned Art Series Hotel Group for approximately $52.5 million (excluding transaction costs), subject to customary completion conditions.
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Hyatt Announces Plans for Two Hyatt Centric Hotels in Peru and Chile

Hyatt Hotels Corporation (NYSE:H) today announced that a Hyatt affiliate has entered into a franchise agreement with Talbot Hotels S.A. for two Hyatt Centric hotels in Lima, Peru and Santiago, Chile. Expected to open in early 2018, the two hotels will mark the introduction of the Hyatt Centric brand to Peru and Chile.
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Niu Hotel Announced for Mannheim, Germany

NOVUM Hotel Group, together with developer GBl AG, is planning a niu hotel in the Seckenheimer street near the historic city center in Mannheim. The opening of this 170-room hotel is scheduled for November 2018.
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