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Hot Hotels Completes $1 Million Seed Round

Hot Hotels Completes $1 Million Seed Round

Axon Partners Group has invested in Hot Hotels, bringing the total investment in the mobile-only same-day hotel booking company to $1 million. The deal will enable Hot Hotels to develop and expand throughout Latin America, a market in which Axon ...

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Carey Watermark Acquires Hyatt Place Austin Downtown

Carey Watermark Acquires Hyatt Place Austin Downtown

NEW YORK—Carey Watermark Investors, a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired Hyatt Place Austin Downtown, a 296-room upscale select-service hotel, for $87 million. The acquisition was financed ...

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Hyatt Selected for 2014 Gallup Great Workplace Award

Hyatt Selected for 2014 Gallup Great Workplace Award

CHICAGO—Hyatt Hotels Corporation has been named a recipient of the 2014 Gallup Great Workplace Award for the third consecutive year. The annual award recognizes Hyatt for having one of the most engaged and productive workforces in the world. “Hyatt is ...

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Starwood to Expand Latin American Portfolio

Starwood to Expand Latin American Portfolio

PANAMA CITY—From the World Economic Forum Latin America in Panama, Starwood Hotels and Resorts Worldwide announced that it has opened Aloft Guadalajara, expanding its footprint to nearly 80 hotels in Latin America, and plans to open 17 more, increasing its ...

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IHG Academy Program Launches in India

IHG Academy Program Launches in India

New Delhi, India—InterContinental Hotels Group and IL&FS Skills, one of India’s largest skills development organizations, have today announced the launch of the 15th IHG Academy program in India, joining more than 300 IHG Academy programs globally. The partnership will see ...

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Eric Danziger Joins Hampshire Hotels as CEO

Eric Danziger Joins Hampshire Hotels as CEO

Hampshire Hotels Management LLC has announced that effective April 7, 2014, Eric Danziger has been named president and chief executive officer of the privately held group. Sant Singh Chatwal will remain chairman of the company. “Eric is one of the ...

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