Dusit Thani Mactan Cebu Resort to Open Q4 2018 in the Philippines

Thailand-based Dusit International has signed a hotel management agreement with Robinsons Land Corporation (RLC), one of the Philippines’ leading real estate companies, to operate the Dusit Thani Mactan Cebu, a five-star resort situated on the northern peninsula of Mactan island.
Source: New feed

Morgans New York Hotel Sold for $37 Million

FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 117-room Morgans New York hotel for gross proceeds of $37 million. FelCor will use net proceeds to repay borrowings under its line of credit.
Source: New feed

Wyndham Acquires AmericInn for $170 Million

AmericInn’s portfolio consists of 200 primarily franchised hotels with approximately 11,600 rooms in 21 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states including Minnesota, Wisconsin, Iowa, Michigan, and North Dakota.
Source: New feed

Dusitd2 Hotel Seef Manama to Open In Bahrain 2018

Thailand-based Dusit International has signed a hotel management agreement with Al Manzil Hospitality Group to operate the dusitD2 Seef Bahrain, a contemporary leisure and business hotel, scheduled to open in Manama, the country’s capital, next year.
Source: New feed

Le Meridien Seoul Hotel to Open This September

Le Meridien Hotels & Resorts, part of Marriott International (NASDAQ: MAR) last week announced the signing of Le Meridien Seoul, set to be the first Le Meridien property in Korea.
Source: New feed

WoodSpring Hotels Continues Indianapolis-Area Expansion

WoodSpring Hotelshas entered into an agreement with Loftus Robinson Hotels to develop a hotel in the Indianapolis market. The hotel is planned to break ground in August 2017 with a planned 2Q18 opening.
Source: New feed