AC Hotel Minneapolis Downtown Hotel Sold for $30 Million

DiamondRock Hospitality Company (NYSE: DRH) announced on Friday it has acquired the fee simple interest in the 245-room AC Hotel Minneapolis Downtown for $30 million, or approximately $122,000 per key, with cash on hand.
Source: New feed

IHCL to Open New Ginger Hotel in Diu

The Indian Hotels Company (IHCL) has announced plans to open a new Ginger hotel in Diu, part of the Union Territory of Daman and Diu.
Source: New feed