The new-built hotel will feature 170 keys and is expected to be operational by Q4 2022. IHG currently operates three Holiday Inn Express hotels in Bengaluru, and the recent signing will further strengthen the brand's presence in the city.
Source: New feed
IHG (InterContinental Hotels Group) has signed a Management Agreement with The Arabian Hospitality Company, to open Holiday Inn Madinah West in 2022. The new property will cater to the influx of religious tourists expected as part of Vision 2030 and reinforces IHG's commitment to expand its presence and diversify its portfolio across the Kingdom.
Source: New feed
Bringing Together the Principals in the Sale of This Historic Luxury Waterfront Hotel
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Hilton (NYSE: HLT) today announced that the company entered into a management agreement with Ikeda Hotel Management Co., Ltd. to open DoubleTree by Hilton Toyama in 2022. This is the first property for Hilton in the Hokuriku region, located in northwest Japan.
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Far East Hospitality today held a press conference at ITB Asia 2019, where Mr Arthur Kiong, Chief Executive Officer, Far East Hospitality, introduced upcoming modern luxury hotel – The Clan Hotel Singapore.
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Marriott International, Inc. (NASDAQ: MAR) today announced that it has purchased the 270-room W New York – Union Square in the heart of Manhattan’s dynamic Union Square neighborhood. The company paid $206 million for W New York – Union Square, with plans for a significant renovation.
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Radisson Hotel Group announced the signing of the first Radisson-branded hotel in Russia. Set to arrive in the Urals region of the country, the newly built Radisson Hotel Perm will have 150 rooms and is due to open in late 2021.
Source: New feed
Choice Hotels International, Inc. (NYSE: CHH) has signed a 10-year extension of its existing master franchising agreement with Choice Hotels Japan and expects to open more than 30 new Comfort hotels in the market by 2033.
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MGM Resorts International (NYSE:MGM) today announced that it has entered into a definitive agreement to sell Circus Circus Las Vegas for $825 million to an affiliate of Treasure Island owner Phil Ruffin. For the 12 months ending June 30, 2019, the property reported Adjusted Property EBITDA of $62 million.
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The 120-room Wyndham Garden Suites Spring Hill Brisbane, scheduled to open in September 2021
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