Lodging Daily News

MCLEAN, Va.—Hilton Worldwide today announced the signing of a management agreement to operate a Hilton Garden Inn hotel in Montevideo, Uruguay. The new-build 168-room Hilton Garden Inn Montevideo, expected to open in late 2014, represents the brand’s eighth development project in Latin America and Hilton Worldwide’s first managed hotel in Uruguay. Hilton Worldwide will operate the hotel under the terms of a multi-year management agreement as part of its growth efforts in Latin America. “We

DUBAI, U.A.E. and MCLEAN, Va.—Hilton Worldwide today signed an agreement with long-standing Seychelles business partner, Allamanda Hotel Developments Ltd, for a new resort property on the island of Mahe, Seychelles. This new signing represents the first DoubleTree by Hilton in the Indian Ocean region and Hilton Worldwide’s third Seychelles hotel. The property, formerly known as Allamanda Beach Resort & Spa, will undergo a major re-branding and refurbishment program and will re-open as DoubleTree by Hilton

NASHVILLE, Tenn.—Gaylord Entertainment Company announced the organizational structure of the newly formed real estate investment trust (REIT) Ryman Hospitality Properties, Inc. The Company intends to elect to be taxed as a REIT for federal income tax purposes on Jan. 1. The Company’s decision to reorganize as a REIT and sell the Gaylord Hotels brand and the rights to manage its four Gaylord hotels, Nashville area attraction,s and Radisson hotel to Marriott International, Inc. was initially

NORWALK, Conn.—HEI Hotels & Resorts (HEI) announced that the company has acquired the Residence Inn Clearwater Downtown for an undisclosed amount. The hotel is the twelfth acquisition by HEI’s Fund III and the 14th hotel in the Marriott brand family in HEI’s 42-property portfolio. The 115-room all-suites premium select-service hotel offers an all-suite product appealing equally to mid-week corporate travelers and beach related leisure demand. “We are confident in future demand growth for the greater

TAMPA, Fla./RALEIGH, N.C.—Concord Hospitality Enterprises announced that it has taken over management of a three-hotel portfolio in Tampa, Fla., recently acquired by MIG Real Estate. The hotels include the 100-room Residence Inn Tampa Suncoast Parkway at North Pointe Village, the 99-room Courtyard Tampa Oldsmar and the 78-room Residence Inn Tampa Oldsmar. “MIG has an eye for sourcing quality assets in desirable markets,” said Mark Laport, CEO of Concord, in an announcement. “Tampa has year-round demand