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Goldman Sachs Invests in Indian Hotel Firm

Goldman Sachs has invested 4.4 billion rupees ($66 million) for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, the companies said in a statement on Tuesday. Samhi, which operates 10 hotels and is developing 16 ...

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AC Hotels to Welcome 22 New Properties in 2016

AC Hotels to Welcome 22 New Properties in 2016

BETHESDA, Md.—AC Hotels by Marriott, Marriott International’s upper-moderate-tier lifestyle brand, has announced global plans for 22 new design-led hotels slated to open in 2016. The brand caters to travelers with a millennial mindset. Five AC hotels are expected to open ...

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Global Markets Recover After Big Drop

Stock markets around the world are recovering today with Asian stocks closing slightly down, and European and New York markets opening higher. This was after a day in which stocks plummeted in China due to bad manufacturing news and worries ...

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Ramada to Expand in Middle East with Four New Hotels

Ramada to Expand in Middle East with Four New Hotels

LONDON, U.K.—Wyndham Hotel Group today announced plans to open four new hotels across Saudi Arabia, Jordan, and Bahrain under its Ramada Worldwide flag. The hotels include the 161-room Ramada Resort Dead Sea in Jordan; the 165-room Ramada Jeddah Corniche in ...

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Embassy Suites Kansas City Olathe Opens

Embassy Suites Kansas City Olathe Opens

OLATHE, Kan. and MCLEAN, Va.—Embassy Suites by Hilton, Hilton Worldwide’s global brand of upscale, all-suite hotels, announced today the opening of Embassy Suites by Hilton Kansas City Olathe, a newly-built hotel with a contemporary and boutique-like ambiance. This 200 suite ...

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