Accor Sells Its 33% Stake in Moroccan Hotel Operator Risma

Accor announces that it has reached an agreement with Mutris – a Moroccan investment company bringing together private and institutional investors – under which Accor will sell its 33% stake in Risma, Morocco's leading publicly listed hotel operator.
Source: New feed

IHG to Bring a New Holiday Inn Resort to Kasauli

IHG Hotels & Resorts has announced the signing of a management agreement with AHG Hotels & Resorts Private Limited to develop the Holiday Inn Resort Kasauli. The new-build property will feature 300 rooms.
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318 Key Holiday Inn Resort Pattaya to Open 2024 in Thailand

Together with the recently signed Holiday Inn Resort Phuket Surin Beach and Holiday Inn Resort Phuket Karon Beach, the agreement is the third collaboration for a conversion property in the country between the two partners.
Source: New feed