Four Points by Sheraton Charlotte Hotel Sold to Gehr Hospitality

The Company will invest additional funds to upgrade the property, including a lobby renovation and additional capital improvements for exterior and system upgrades. The acquisition was financed by BMO Harris Bank, and Real Hospitality Group will manage the hotel on behalf of Gehr Hospitality.
Source: New feed

Andonara Group Signs Management Agreement for a New Amanuba Hotel and Resort in Rancamaya, Bogor, West Java

Andonara Group and PT. Rancamaya Selaras Propertindo today signed a management agreement for the development of a two-hectare site within Rancamaya Bogor. The site will be home to the next Amanuba Hotels and Resort, an integrated four-star property which will offer guests a broad range of amenities just a few minutes from the touristic center of Bogor and only one hour from Jakartar.
Source: New feed