Hotel
Hilton Transforming Historic Indianapolis Office Building into Hotel
Hilton Worldwide is developing a Home2 Suites by Hilton within the historic Consolidated Building in Indianapolis.
INTERNATIONAL: URBN Shanghai Reopens After Renovations
Cachet Hotel Group has reopened URBN Hotel, Shanghai’s award-winning eco-boutique hotel, following a series of renovations.
NorthStar to Buy 7,000-Room Hotel Portfolio from Inland American for $1.1B
NorthStar is buying a 7,000-room portfolio of upscale extended stay and select service hotels from Inland American Real Estate Trust.
INTERNATIONAL: Scandic Will Manage New Hotel in Oil-Industry City
Scandic announced it will manage the new Scandic Stavenger Congress Hotel, which is under development in downtown Stavenger, Norway.
INTERNATIONAL: Kempinski Plans November Debut for Luxury Hotel in Myanmar’s Capital
Europe’s oldest luxury hotel group, Kempinski Hotels, will open its first property in Myanmar on Nov. 1.
In $183M Deal, Vail Acquires Park City Ski Resort from Powdr
Ending a legal battle, Vail Resorts is buying Powdr’s top-ranked ski destination in Park City, Utah, for $182.5 million..
LaSalle Hotel Properties to Sell Newport Asset for $77M
LaSalle Hotel Properties has agreed to sell the luxury, 208-room Hotel Viking in Newport, R.I., for $77 million.
INTERNATIONAL: Starwood to Bring Third W Hotel to Thailand by 2018
W Hotels Worldwide recently announced plans to debut W Retreat Phuket – Phang Nga Bay in southern Thailand.
INTERNATIONAL: Starwood Plans Four New Luxury Resorts on Tropical Hainan Island in China
Starwood Hotels & Resorts Worldwide Inc. is expanding its luxury presence in China with the opening of four new properties on Hainan Island by 2020.
Starwood’s W Hotel Flag to Fly in Australia Again
Nearly 10 years after exiting Australia, Starwood Hotels & Resorts Worldwide Inc.’s W Hotels Worldwide brand will soon have a presence in the country again.