The Toyoko Inn Co., Japan’s largest business hotel chain operator, plans to open a business hotel next year in the city of Daejeon, central South Korea, officials from the Daejeon municipal government said Thursday.
The Toyoko Inn Development Korea Co., the Japanese firm’s South Korean unit, and local firm Solomon Holdings Co. have signed a deal [...]

An affiliate of Outrigger Enterprises Group, announced today that it has acquired the hotel operations of the Ala Moana Hotel from Ala Moana Property Development LLC and Ala Moana Services, LLC, both of which are affiliates of Crescent Heights, Inc., for an undisclosed price.
The 1,154-room property at 410 Atkinson Drive will continue to be known [...]

Hilton Hotels Corp. has opened its newest property the Hilton Suites Atlanta-Perimeter and began construction on King’s Land, the second Hilton Grand Vacations Club timeshare project within the Waikoloa Beach Resort on Hawaii’s Big Island, the company said Friday.
The Atlanta hotel’s owner has invested $8.5 million in the renovation and conversion of the public areas [...]

Property & Building Corp. made its first investment in the UK by agreeing to buy a 20 percent stake in a newly formed British company acquiring Hilton hotels in London and Birmingham.
Tonstate is buying the Hilton London Metropole and Hilton Birmingham Metropole for 463 million, Property & Building said in a statement to the Tel [...]