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IHG Signs First Hotel Indigo in Finland

IHG Signs First Hotel Indigo in Finland

InterContinental Hotels Group (IHG) announced the signing of its first Hotel Indigo in Finland: Hotel Indigo Helsinki – Boulevard. Due to open in 2015, the 120-room hotel is a conversion of an existing building. It will open under a franchise ...

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Hyatt to Acquire The Peabody Orlando

Hyatt to Acquire The Peabody Orlando

CHICAGO—Hyatt Hotels Corporation announced that a wholly owned Hyatt subsidiary plans to purchase the 1,641-room Peabody Orlando hotel for $717 million from UST Hotel Joint Venture, Ltd., comprised of affiliates of Belz Enterprises and Estein and Associates USA, Ltd. The ...

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U.S. Lodging Sector Performance Remains Favorable

U.S. Lodging Sector Performance Remains Favorable

NEW YORK—PwC US anticipates that positive momentum in travel activity will continue to boost revenue per available room (RevPAR) in 2013, despite the recent sluggish pace of economic recovery. An updated lodging forecast released by PwC US shows favorable gains ...

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Dual-Branded Property Breaks Ground in Hillsboro, Oreg.

Dual-Branded Property Breaks Ground in Hillsboro, Oreg.

McLEAN, Va.—Embassy Suites Hotels and Hampton Inn and Suites recently broke ground on a new dual-branded property in Hillsboro, Oreg. Located outside of Portland, the hotels will be built side by side. The full-service, all-suites Embassy Suites will be a ...

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Hyatt to Debut All-Inclusive Brands in Mexico

Hyatt to Debut All-Inclusive Brands in Mexico

CHICAGO—Hyatt Hotels Corporation today announced the first two Hyatt-branded all-inclusive resorts, currently THE ROYAL Cancún and Barceló Los Cabos, will be rebranded as Hyatt Zilara Cancún and Hyatt Ziva Los Cabos in Q4 2013. Hyatt Ziva Rose Hall, Jamaica, formerly ...

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Starwood Signs Sheraton Hotel in Samsun, Turkey

Starwood Signs Sheraton Hotel in Samsun, Turkey

STAMFORD, Conn.—Starwood Hotels and Resorts announced that it has signed an agreement with Tanriverdi Mensucat Sanayii A.S. to open a new-build Sheraton hotel in Samsun, Turkey. Scheduled to debut late 2014, Sheraton Samsun Hotel will mark Starwood’s entry into the ...

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