Home / Author Archives: Lodging Staff (page 473)

Author Archives: Lodging Staff

Feed Subscription

Delta Toronto Hotel to Open in November

Delta Toronto Hotel to Open in November

TORONTO, Ontario—Delta Hotels and Resorts’ new Toronto property has entered its final phases of construction and remains on schedule to open at the end of November 2014. In four months, Toronto will gain a brand new four-star hotel in the ...

Read More »

Taj Group Managing Director Resigns

Taj Group Managing Director Resigns

Raymond Bickson will step down as managing director and chief executive officer of the Indian Hotels Company Limited (the Taj Group of Hotels), effective Aug. 31. He has spent the last 11 years in a leadership position with the hotel company. ...

Read More »

High Brand Demand Fuels Red Roof Growth

High Brand Demand Fuels Red Roof Growth

COLUMBUS, Ohio—Red Roof Inn announced it has signed 39 hotel agreements in 2014, with a robust number of additional properties in the pipeline. It’s an over 350 percent increase from the same time last year. Red Roof, with its network ...

Read More »

Ashford Completes Acquisition of Fremont Marriott Silicon Valley

Ashford Completes Acquisition of Fremont Marriott Silicon Valley

DALLAS—Ashford Hospitality Trust Inc. has completed the previously-announced acquisition of the 357-room Fremont Marriott Silicon Valley hotel for a total consideration of $50 million ($140,000 per key), which is approximately 45 percent below estimated replacement cost. The transaction was funded ...

Read More »

Noble Acquires Hyatt Place Houston Sugar Land

Noble Acquires Hyatt Place Houston Sugar Land

HOUSTON—Noble Investment Group today announced the acquisition of Hyatt Place Houston Sugar Land. The hotel, which opened in 2010, is located in the prominent Sugar Land area, which is southwest of downtown Houston. “The Houston MSA continues to be a ...

Read More »

IHG to Sell InterContinental Paris – Le Grand for $442M

IHG to Sell InterContinental Paris – Le Grand for $442M

InterContinental Hotels Group today announces that it has received a binding offer from Constellation Hotels Holding Limited to acquire InterContinental Paris – Le Grand. The proposed purchase price is $442 million, payable in cash at completion. Constellation has made a ...

Read More »
Scroll To Top