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Lotte Group Purchases New York Palace Hotel

Lotte Group Purchases New York Palace Hotel

The New York Palace Hotel in Manhattan has been purchased by South Korea-based Lotte Group. It was sold by Northwood Investors for $805 million. Hotel Lotte Co Ltd, an offshoot of the company, will form a company to acquire and ...

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Wyndham Announces LEED Certifiable Prototypes

Wyndham Announces LEED Certifiable Prototypes

PARSIPPANY, N.J.—Wyndham Hotel Group today announced LEED certifiable, new construction prototypes for its two largest brands, Days Inn and Super 8. The announcement builds on efforts by the company over the last two years to refine its prototypical offerings, which ...

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Ascend Collection Expands Alliance with Bluegreen Vacations

Ascend Collection Expands Alliance with Bluegreen Vacations

ROCKVILLE, Md.—Choice Hotels International announced it is adding six new Bluegreen Vacation Club Resorts to its upscale Ascend Hotel Collection brand. This brings the total number of Bluegreen Vacation properties integrated into the Ascend Hotel Collection to 28, making Bluegreen ...

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Début Hotel Group to Begin Franchising Night Hotels

Début Hotel Group to Begin Franchising Night Hotels

NEW YORK—Début Hotel Group, the collection of lifestyle brands launched by Hampshire Hotels Management earlier this year, today announced that it will begin franchising the Night Hotels brand and offering franchise incentives through the end of this year. As an ...

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Wyndham and Corinthian Sign Multi-Unit Wingate Deal

Wyndham and Corinthian Sign Multi-Unit Wingate Deal

PARSIPPANY, N.J.—At the 37th Annual NYU International Hospitality Industry Investment Conference in New York City today, Wyndham Hotel Group announced it has entered into an agreement with Corinthian Development Company to develop more than 15 new-construction Wingate by Wyndham properties ...

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