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Preferred to Launch 24 Properties in 2016

Preferred to Launch 24 Properties in 2016

CHICAGO—Preferred Hotels & Resorts, announces 24 new properties worldwide scheduled to launch before the end of the year, presenting options for travelers in both new and timeless destinations. Monument Hotel—Launching March 2016 This new five-star palace hotel housed in a ...

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China’s Aggressive Approach to Hotel Acquisitions

China’s Aggressive Approach to Hotel Acquisitions

NEW YORK—Decelerating industry fundamentals and weakness in forward-looking equity market prices for hotel-related companies hasn’t kept Chinese companies from dominating the hotel investment landscape recently, according to Fitch Ratings. Chinese investors have been aggressively bidding on mostly upper-tier hotel assets ...

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Room Mate Hotels Opens in Milan, Malaga

Room Mate Hotels Opens in Milan, Malaga

MADRID—Room Mate Hotels continues its rapid global expansion plans with the launches of two new boutique properties in Europe: Room Mate Giulia in Milan and Room Mate Valeria in Malaga. The Madrid-based company has eight additional hotel openings planned for ...

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First Tru by Hilton Breaks Ground in Georgia

First Tru by Hilton Breaks Ground in Georgia

MCLEAN, Va.—Hilton Worldwide today broke ground on its very first Tru by Hilton property located in McDonough, Ga. The celebration marked the fastest brand announcement to groundbreaking in Hilton history, less than eight weeks after Tru’s public debut. Demonstrating Tru’s ...

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Starwood’s Element to Make Nashville Debut

Starwood’s Element to Make Nashville Debut

Starwood Hotels & Resorts Worldwide today announced its Element brand will debut in Nashville at oneC1TY, the health and mindful living-focused community west of downtown, in 2018. Owned by an affiliate of Cambridge Holdings, Element Nashville West End will feature ...

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