SÃO PAULO, Brazil—IHG (InterContinental Hotels Group) announced the signing of the Holiday Inn Express Marília. The new-build, 102-room Holiday Inn Express hotel will be among the first internationally branded properties in the city of Marília, and is slated to open toward the end of 2013. “Marília is an excellent example of the type of city that is emerging and will support the growth of the Holiday Inn Express brand,” said Joel Eisemann, chief development officer,
ANNAPOLIS, Md.—Chesapeake Lodging Trust announced that it has entered into an agreement with Marriott International with plans for its Hotel Adagio San Francisco to join Autograph Collection, Marriott International’s global collection of independent hotels. Following the trust’s multi-million dollar renovation at the hotel, which included the transformation of each of the hotel’s 171 guestrooms, penthouse suites, and public spaces, expansion of the meeting and event space, and creation of a newly concepted restaurant and lobby
Le Meridien Opens Hotel in Atlanta
Category: Openings
NEW YORK—Starwood Hotels & Resorts Worldwide, Inc. announced the opening of Le Méridien Atlanta Perimeter, the first Le Méridien hotel to open in the Atlanta metropolitan area and one of nine new Le Méridien hotels slated to open within the next 12 months. The hotel is owned by RockBridge Capital and managed by Wischermann Partners. “The opening of Le Méridien Atlanta Perimeter is a true milestone as we kick off a year marked by strong
Red Lion Sells Missoula Hotel and Signs Franchise Agreement
Category: Acquisitions, Finance & Development, Real Estate
SPOKANE, Wash.—Red Lion Hotels Corporation announced the company has sold the Red Lion Inn Missoula in Montana for $1.95 million. As part of the sale agreement, the new owners signed a franchise agreement with the company. “We are pleased to keep this hotel in our system and that the new owners are investing in property upgrades,” said Jon E. Eliassen, president and chief executive officer of Red Lion Hotels Corporation. “With each of the hotels
PARIS—Sofitel Luxury Hotels announces the opening of its first address in Casablanca, the Sofitel Casablanca Tour Blanche. “Sofitel Luxury Hotels has the finest collection of luxury hotels in Morocco with eight exceptional adresses in some of the country’s most beautiful destinations. Sofitel Casablanca Tour Blanche offers a strategic location and its stunning architecture, which promises to establish the hotel as an iconic address in this vibrant business city,” said Robert Gaymer-Jones Sofitel Worldwide CEO. Belgian