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Sage and Whitman Peterson Close Second Portfolio Acquisition

Sage and Whitman Peterson Close Second Portfolio Acquisition

DENVER—Sage Hospitality, a hotel investment and management companies in the U.S., announced the purchase of 11 hotels in partnership with Whitman Peterson. This purchase marks the second of a highly-focused investment venture between Sage and Whitman Peterson, wherein they plan ...

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IHG Expands the Holiday Inn Brand Family in Brazil

IHG Expands the Holiday Inn Brand Family in Brazil

MIAMI—InterContinental Hotels Group (IHG) makes its return to the Rio de Janeiro market with the signing of the new-build Holiday Inn Porto Maravilha and Holiday Inn Express Porto Maravilha hotels. The 32-story hotels will be located in Rio de Janeiro’s ...

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The Cromwell to Open in Las Vegas in May

The Cromwell to Open in Las Vegas in May

LAS VEGAS—The Cromwell, the new Las Vegas hotel from Caesar’s Entertainment, is set to welcome its first guests beginning May 21. The 188-room boutique hotel and casino will take over the former Bill’s Gamblin’ Hall following a $185 million renovation. ...

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Marriott Opens 317 Room Hotel in Shanghai

Marriott Opens 317 Room Hotel in Shanghai

SHANGHAI—Marriott International continues its expansion in China with the opening of the 317-room Shanghai Marriott Hotel Parkview, bringing the total number of properties in China under the flagship Marriott Hotels brand to 15. Marriott International manages the Shanghai Marriott Hotel ...

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