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Louvre Hotels and Magnuson Sign Distribution Agreement

Louvre Hotels Group, Europe’s second largest hotel group, has signed a distribution agreement with Magnuson Hotels Worldwide, a network of more than 1,000 independent hotels in North America. With the support of its new shareholder, Jin Jiang International Holdings Ltd., ...

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Baha Mar Files for Chapter 11 Bankruptcy

Baha Mar Files for Chapter 11 Bankruptcy

Baha Mar, the new megaresort in the Bahamas that has faced repeated delays, is filing for Chapter 11 bankruptcy protection. The complex, which consists of the flagship Baha Mar Casino & Hotel, as well as Rosewood, SLS Lux, and Grand ...

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Hotel Industry Shows Support for Supreme Court Ruling

Hotel Industry Shows Support for Supreme Court Ruling

Following the U.S. Supreme Court’s landmark decision to legalize same-sex marriage across all 50 states on June 26, many companies in the hospitality industry applauded the ruling. Here are just a few statements of support released in reaction to the ...

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Attack on Tunisian Hotel Leaves 38 Dead

On June 26, 38 people were left dead after a gunman opened fire on the beach at Hotel Riu Imperial Marhaba, a five-star resort located in Sousse, Tunisia. According to a statement issued online, the Islamic State claimed responsibility for ...

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Ashford Trust to Sell Select-Service Hotel Portfolio

Ashford Trust to Sell Select-Service Hotel Portfolio

Ashford Hospitality Trust is selling a portfolio of 23 select-service hotels that are mostly brand-managed and intends to sell its remaining select-service hotels in the future. The company will redefine its investment strategy to focus predominately on upper upscale, full-service ...

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