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Hilton Worldwide Announces Two Planned Spin-Offs

Hilton Worldwide has announced it is one step closer to spinning off two companies. Its board of directors has approved plans to spin off its real estate and timeshare businesses into individual companies. Those new companies will be called Park ...

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Ashford Completes $142 Million Sale

Ashford Completes $142 Million Sale

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has completed its previously-announced sale of a 5-hotel, 1,396-room portfolio of select-service hotels for $142 million in cash ($102,000 per key) to Noble Investment Group. The 5-hotel portfolio is comprised of the ...

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Homewood Suites Breaks Ground in Arlington

Homewood Suites Breaks Ground in Arlington

ROSSLYN, Va.—The B.F. Saul Company is adding an upscale, all-suite hotel to its presence in Arlington County, Va. On June 1, partners from Hilton Worldwide, the Commonwealth of Virginia, Arlington County, Donohoe Construction Company, and BB&T joined the B.F. Saul ...

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Clean the World, Green Key Global Announce U.S. Partnership

Clean the World, Green Key Global Announce U.S. Partnership

OTTAWA—Green Key Global and Clean The World, two leaders in corporate social responsibility (CSR), today announced an expanded partnership that promotes soap recycling to hotels in the United States. After a successful partnership launch in Canada in 2015, Green Key ...

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The Pierre Welcomes French-American Restaurant

The Pierre Welcomes French-American Restaurant

Settled on Central Park and nestled in New York, The Pierre, A Taj Hotel, greets their new restaurant, Perrine, the female version of the name Pierre. The restaurant is guided by Executive Chef Ashfer Biju, who serves cuisine influenced by ...

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