Ashford Hospitality and Special Servicer Mutually Agree to Transfer Hyatt Regency Dearborn to Receivership

Ashford Hospitality Trust, Inc. (NYSE:AHT) today announced that the Company and the special servicer who is administering the $29.1 million first mortgage on the Company's Hyatt Regency Dearborn have mutually agreed to transfer the Company's possession and control of the hotel to a court-appointed receiver, effective December 3, 2009. ...more

Fairfield Inn & Suites to Add 36 Hotels in Mexico

The 36 Fairfield Inn properties will operate under long-term franchise agreements, and are scheduled to open over the next ten years. ...more

Rezidor Announces the Radisson Blu Hotel, Milan

The existing hotel - originally opened in 2007 as the Chedi Milan - features 250 rooms and will be rebranded in Q1 2010. ...more

Scandic Berlin Potsdamer Platz to Open Fall 2010

The Scandic Berlin Potsdamer Platz, which recently celebrated it's official topping out ceremony, marking an important day in the construction of the hotel that opens in autumn 2010. ...more

New Park Inn hotels in Luxembourg and Nigeria

The Rezidor Hotel Group announces two new Park Inn hotels: The Park Inn Luxembourg City featuring 99 rooms is scheduled to open in Q4 2010, and the Park Inn Abeokuta in Nigeria with 173 rooms will welcome the first guests in Q4 2010. ...more

Mandarin Oriental May Acquire Luxury Hotel Brands

Mandarin Oriental International Ltd., operator of 25 luxury hotels from Tokyo to San Francisco, may buy more brands as lodging companies struggle amid a decline in spending, Chief Executive Officer Edouard Ettedgui said. ...more

Ritz-Carlton Announces Plans for First Property in Israel

Announced plans for its first property in Israel at the marina in Herzliya, a coastal suburb just north of Tel Aviv. Due to open in March 2012, the 110-room hotel will also include 85 Ritz-Carlton Residential Suites. ...more

Marriott International to Introduce its Upscale Marriott Brand to Vietnam in Resort Destination of Nha Trang

Nha Trang Marriott Hotel to open in 2013 under management agreement with Sao Sang Nha Trang Co. Ltd. ...more

Locations of first three Holiday Inn Express hotels in Saudi Arabia announced by InterContinental Hotels Group and Siraj Capital

Nine more Holiday Inn Express properties to be developed over the next five years in the Kingdom ...more

Orient-Express Hotels to Sell Lilianfels Blue Mountains, Australia

Has entered into a sale and purchase agreement to sell Lilianfels Blue Mountains, its 85 key hotel in Katoomba, New South Wales, Australia, to an undisclosed buyer for AUD 21 million (US$ 19.3 million). ...more

Kohler Co. Acquires Historic Hamilton Hall in St Andrews

Landmark building adjacent to the Royal & Ancient Golf Club overlooks the 18th green of the Old Course ...more