AccorHotels and Algeciras Agree to Buy Chilean Group Atton Hoteles

AccorHotels will acquire 100% of the management Company that operates 11 Atton hotels (2,259 rooms) across Chile, Peru, Colombia and Florida, USA. Besides, AccorHotels will acquire 20% of the Property Company that owns these assets, the remaining 80% being bought by Algeciras.
Source: New feed

IHG Signs 10 Hotels in Western China

InterContinental Hotels Group (IHG) has today announced the signing of ten new deals under seven of its brands in Western China. The ten hotels will span several different tiered cities and well-known destinations in Sichuan, Chongqing, Shaanxi, Yunnan, Gansu, Guizhou Province etc.
Source: New feed

Hilton Los Cabos Beach & Golf Resort Sold

Trinity Investments LLC, funds managed by affiliates of Walton Street Capital, L.L.C. and funds managed by Oaktree Capital Management, L.P. today announced the formation of a joint venture and acquisition of the Hilton Los Cabos Beach & Golf Resort in Los Cabos, Mexico. The purchase price was not disclosed.
Source: New feed