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Roedel Companies Purchases The Hotel Saranac

Roedel Companies Purchases The Hotel Saranac

WILTON, N.H.—New Hampshire-based hotel owner/operators Roedel Companies has announced that they have purchased the Hotel Saranac in Saranac Lake, N.Y. To assist in the overall plan to buy and renovate the multifaceted property, the State of New York awarded Roedel ...

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Holiday Inn Launches in Mauritius

Holiday Inn Launches in Mauritius

PORT LOUIS, Mauritius—InterContinental Hotels Group (IHG) announced the opening of Holiday Inn Mauritius Airport on the island’s south east coast. The 140-room hotel is surrounded by gardens carefully landscaped to preserve the natural botanic diversity. The names of the hotel’s ...

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Noble Acquires the Q Hotel in Westport Kansas City

Noble Acquires the Q Hotel in Westport Kansas City

ATLANTA—Noble Investment Group announced the acquisition of the Q Hotel located in the historic Westport District of Kansas City, Mo. The 123-room hotel will undergo a comprehensive renovation and conversion to become one of the first AC Hotels by Marriott ...

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Hilton IPO Raises $2.3 Billion

Hilton IPO Raises $2.3 Billion

On Dec. 12, Hilton stocks began trading on the New York Stock Exchange (NYSE) for the first time since Blackstone took the company private in 2007. The Hilton IPO marks a record offering for a lodging company, raising over $2.3 ...

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