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Benchmark Adds Doral Arrowwood to Portfolio

Benchmark Adds Doral Arrowwood to Portfolio

THE WOODLANDS, Texas—Benchmark Hospitality International has added Doral Arrowwood to its portfolio. Located amid 114 wooded acres in Rye Brook, N.Y., Doral Arrowwood is north of New York City and easily accessible to metro airports. “Doral Arrowwood ranks among the ...

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White House Drafts New Cuba Regulations

White House Drafts New Cuba Regulations

The White House is drafting regulations that would lessen the trade embargo on Cuba, making it easier on U.S. companies and safer for Americans to travel there, reports Reuters. With new regulations, companies would be allowed to establish offices in ...

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La Quinta CEO Wayne Goldberg Resigns

La Quinta CEO Wayne Goldberg Resigns

La Quinta Holdings has announced that chief executive officer Wayne Goldberg has resigned. The board has appointed Keith Cline, chief financial officer, the interim president and chief executive officer, effective immediately. “La Quinta has an exceptionally strong and experienced management ...

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Marriott Expands Brand into South Africa

Marriott Expands Brand into South Africa

CAPE TOWN, South Africa—Marriott International, Inc. continues to expand its footprint across the African continent by announcing the signing of two new properties in South Africa, in partnership with The Amdec Group. Expected to open by February 2018, the 150-room ...

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DoubleTree Makes Colombian Debut with New Signings

DoubleTree Makes Colombian Debut with New Signings

MCLEAN, Va.—Hilton Worldwide has announced the signing of two franchise license agreements to convert two Hoteles Cosmos hotels in Bogotá into DoubleTree by Hilton properties, marking the entry of the brand into Colombia. DoubleTree by Hilton Bogotá Parque 93 and ...

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Fed Leaves Interest Rates Unchanged

Fed Leaves Interest Rates Unchanged

The U.S. Federal Reserve has chosen to leave interest rates unchanged, reports Reuters. Concerned about a weak world economy, the U.S. central bank says they will wait to raise rates until later this year. The Fed will meet again in ...

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