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HHM Acquires Residence Inn Philadelphia Conshohocken

HHM Acquires Residence Inn Philadelphia Conshohocken

HHM has announced that it has acquired and will assume management of the Residence Inn Philadelphia Conshohocken, expanding its new and growing private-investment platform. The 137-room all-suite hotel in the Marriott brand family was extensively renovated in 2014 and now ...

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Starwood Closes 2015 with Record Signings, Openings

Starwood Closes 2015 with Record Signings, Openings

STAMFORD, Conn.—Starwood Hotels & Resorts closed 2015 with 220 new signed hotel management and franchise agreements, a 26 percent increase over the prior year, marking the sixth consecutive year of increased signings and the most incremental signings in its history. ...

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New Cambria Hotel Coming to Baltimore Area

New Cambria Hotel Coming to Baltimore Area

Choice Hotels International, Inc. has announced it has signed an agreement to develop a new Cambria Hotel & Suites at Arundel Mills in Hanover, Md. The 119-room property will be located at the SW corner of Milestone Parkway and Arundel ...

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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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