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Concord Hospitality Sells 13-Hotel Portfolio for $240M

Concord Hospitality Sells 13-Hotel Portfolio for $240M

RALEIGH, N.C.—Concord Hospitality Enterprises has announced the sale of a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction. Concord will continue to operate the hotels under ...

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Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor holds the largest hotel pipeline in Africa with 30 hotels and 6,300 rooms under development, according to a W Hospitality Group survey. Carlson Rezidor Hotel Group develops and operates Radisson Blu in the upper upscale segment and Park ...

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IHG Opens Eighth Crowne Plaza Hotel in Canada

IHG Opens Eighth Crowne Plaza Hotel in Canada

KITCHENER-WATERLOO—InterContinental Hotels Group announces the opening of the 201-room Crowne Plaza Kitchener-Waterloo hotel in Ontario, following a significant renovation funded by the owner, Vista Hospitality Group. The hotel features eight suites, including a presidential suite with multiple rooms, Jacuzzi, and ...

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PMHS Opens First Westin in Delaware

PMHS Opens First Westin in Delaware

WILMINGTON, Del.—Officials with PM Hospitality Strategies (PMHS), along with officials from a joint venture ownership group comprised of Buccini/Pollin Group and Westport Capital, announced the opening of the 180-room Westin Wilmington. Connected to the Chase Center on the Riverfront in ...

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First Holiday Inn Express Opens in Puerto Vallarta

First Holiday Inn Express Opens in Puerto Vallarta

Puerto Vallarta, Jal.—InterContinental Hotels Group has introduced one of its most successful brands to Puerto Vallarta with the opening of the 115-room, six-story Holiday Inn Express Puerto Vallarta hotel. Equipped with 15 suites, this is IHG’s second hotel in Puerto ...

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Rockbridge Acquires Cliff House Resort & Spa

Rockbridge Acquires Cliff House Resort & Spa

COLUMBUS, Ohio—Rockbridge has acquired The Cliff House Resort and Spa, a historic 166-room resort situated on 70 oceanfront acres atop Bald Head Cliff in Ogunquit, Maine’s south coast. Rockbridge, through a joint venture with Maine-based hoteliers Marc Dugas and Peter ...

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