CIG Capital Funds Sheraton Hotel Development at Atlanta Airport
ORLANDO — CIG Capital, an alternative investment firm, announced that it will continue funding for the hospitality industry during the coronavirus pandemic, including a...
Crown Group to Develop First U.S. Project in Los Angeles
Australian residential developer Crown Group has taken the next steps in its first move into the U.S. market, where it plans to develop a...
U.S. Hotel Construction Peaked in March
HENDERSONVILLE, Tenn. — The U.S. hotel industry recorded 214,704 rooms under construction in March 2020, the highest end-of-month total ever reported by STR.
The industry’s...
MGallery Hotel Collection Adds 21c Museum Hotel Chicago
CHICAGO — The latest addition to the MGallery Hotel Collection opened on February 4 in Chicago’s River North neighborhood. The new 21c Museum Hotel...
IHG to Open First Regent Hotel Since Acquiring the Brand
IHG (InterContinental Hotels Group) recently announced the signing of a management agreement with Shanghai 21st Century Hotel Co., Ltd. for a property located in...