Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), today announced the signing of W Yokohama, marking the brand’s entrance into Japan. Starwood entered into a long-term relationship with Pacific Management Corporation and Penta-Ocean Construction Co., Ltd. to manage this new-build hotel in Yokohama, one of Japan’s major commercial centers.
ALDAR Properties today signed an exclusive development contract with Mövenpick Hotels & Resorts which will initially result in the development of three hotels in Abu Dhabi.
Several hotels in the Sekondi-Takoradi have been closed due to fire safety concerns.
Aqua Hotels & Resorts recently announced that William ?Bill? Henderson has joined the company as Vice President of Development. ?This new position was created to increase expansion and growth of the Aqua Brand,? said Mike Paulin, owner and CEO of Aqua Hotels Resorts. ?We are very fortunate to have Bill on board. His outstanding history of hospitality successes in Hawaii, including a long …
The provincial director of the Migration and Foreigners Services (SME) in northern Cabinda province, Vidal Coutinho Saturday appealed to management boards of hotels in the region to increase the control to foreigners using their institutions.
CEO at lodging REIT will be succeeded by CFO. BETHESDA, Md. (AP) — Lodging real estate investment trust Host Hotels & Resorts Inc. said Monday President and Chief Executive Christopher J. Nassetta resigned to take on the same roles at Hilton Hotels Corp.
Elaine Hernando planned to stay in one of the city’s big-box hotels, but when she saw The Ellis, she canceled her reservation and booked a room at the renovated historic hotel instead.
LAKEWOOD, N.J. | The Lightstone Value Plus REIT, the industry?s first ?no front-end load? real estate investment trust, today announced that it has acquired two Baymont Inn & Suites that it plans to immediately convert to Extended Stay Deluxe hotels and renovate over the next year. Located in Houston and Sugar Land, Texas, these hotels represent the initial entry into the hotel market for the …
Mumbai, Oct 27: Hospitality major Indian Hotels Co Ltd (IHCL) will raise Rs 2,200 crore through a mix of rights and warrants issues.
CASPER - Construction is booming in Casper with two hotels, a home improvement store and several restaurants that are either being built or will soon be under construction.