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Best Western Signs Franchise Agreement with Sorrel Hospitality

Best Western Signs Franchise Agreement with Sorrel Hospitality

PHOENIX—Best Western Hotels & Resorts today announced that it has inked a master franchise agreement with Delhi-based Sorrel Hospitality. Led by a team of seasoned hospitality industry veterans with extensive experience building and managing hotel portfolios, Sorrel will be responsible ...

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Starwood Makes Historic Entry into Cuba

Starwood Makes Historic Entry into Cuba

HAVANA—Starwood Hotels & Resorts Worldwide, Inc. has signed three new hotel deals in Cuba, marking the first U.S.-based hospitality company to enter the market in nearly 60 years. This announcement follows receipt of authorization from the U.S. Treasury Department for ...

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Hotel Equities to Manage Courtyard Dripping Springs

Hotel Equities to Manage Courtyard Dripping Springs

ATLANTA, Ga.—Atlanta-based Hotel Equities announced its selection as the management firm for the new-build Courtyard by Marriott in Dripping Springs, Texas, just 25 miles west of Austin. The Courtyard by Marriott will begin construction in April with opening expected in the second quarter ...

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Marriott Reaffirms Commitment to Starwood Merger

Marriott Reaffirms Commitment to Starwood Merger

Marriott International today reaffirmed its commitment to acquire Starwood Hotels & Resorts Worldwide, Inc. to create the world’s largest hotel company. The combined company will offer stockholders significant equity upside and greater long term value driven by a larger global ...

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La Quinta Makes Bold Plans for 2016

La Quinta Makes Bold Plans for 2016

Coming off of a decidedly mixed 2015 that included a 25.6 percent drop in its stock price (year-over-year) and the departure of longtime CEO Wayne Goldberg in September, La Quinta focused on the bright side at its annual conference in ...

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