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Karisma and Viacom Sign Agreement to Develop Nickelodeon Hotels

Karisma and Viacom Sign Agreement to Develop Nickelodeon Hotels

MIAMI—Karisma Hotels & Resorts and Viacom International Media Networks (VIMN), a division of Viacom Inc., have signed an agreement to develop Nickelodeon Hotels. A Gourmet Inclusive collection of family-friendly properties, Nickelodeon Hotels will represent the first and only international hotels ...

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Watergate Hotel Celebrates Topping Off

Watergate Hotel Celebrates Topping Off

Washington, D.C.—On Thursday, the Watergate Hotel in Washington, D.C., celebrated a major construction milestone—the topping off of its new-build, 7,000-square-foot Moretti ballroom. The iconic property will re-open as a luxury hotel in summer 2015 after a $125 million renovation. The ...

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Equity Funds Invest $7.4 Billion in 2014

Equity Funds Invest $7.4 Billion in 2014

In 2014, investment totaled $22 billion in the United States for hotels with a reported selling price, according to Lodging Econometrics. Equity funds were the most active investors, adding $7.4 billion in hotels, most of which were portfolio purchases. Publicly ...

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Wyndham Launches Spa-Inspired, Eco-Friendly Bath Amenities

Wyndham Launches Spa-Inspired, Eco-Friendly Bath Amenities

PARSIPPANY, N.J.—Wyndham Hotels and Resorts has launched a new bath amenity program designed to elevate the guest experience while also supporting the brand’s commitment to sustainability and reducing operating costs for hotel owners. Now available at Wyndham Hotels and Resorts, ...

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