More than 250 attendees from more than five Latin American countries and 25 U.S. states gathered in Miami to do transactions and celebrate the impressive growth of Latino hotel ownership at the group’s first annual Hotel, Development and Investment Conference, held last week at the Doral Resort and Spa in Miami, Fla.
Despite a troubled stock [...]
To give guests a break during these challenging economic times, the Hotel Indigo Chicago-Vernon Hills is providing a $25 gift card that can be used in any way the guest wishes. With its new Economic Stimulus rate, guests booking a stay at the hotel from now through the end of the year will receive an [...]
MHI Hospitality Corporation announced today that the Company received the Stakeholder of the Year Award for the Crowne Plaza Hampton Harborside. The award was presented by the Downtown Hampton Development Partnership in recognition of a business or individual that contributed significantly to the city’s new development or redevelopment over the past year. The Stakeholder [...]
MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]
Another new hotel in Starkville by Candlewood Suites will add 100 more beds to the region’s expanding tourism economy. While retail development in the area is also moving forward, though with more mixed itinerary of stops and starts.
Candlewood Suites, a hotel designed for extended stays, is a subsidiary of the InterContinental Hotels Group, and is [...]
InterContinental Hotels Group (IHG), the world’s largest hotel group by number of rooms announces that the 306-room El Tropicano Riverwalk Hotel has become a franchise of the Holiday Inn Brand.
“We are thrilled to welcome this property to the Holiday Inn family of hotels. Holiday Inn hotels are specifically designed for business and family oriented leisure [...]
Major hotel brands, expecting another year of rising profits in the United States, have set their sights on Asia as the next big market for the lodging industry.
InterContinental Hotels Group, the world’s largest hotelier which also operates Holiday Inn and Crowne Plaza hotels, “is investing in our brands and diversifying geographically. We’re strong in [...]
SHARES in InterContinental Hotels touched fresh highs yesterday amid continued talk of a private equity bid.
The world’s largest hotelier confirmed in a regulatory filing that Ellerman Corp, the investment vehicle of the billionaire Barclay brothers, had built up a 5 per cent stake in the business.
A spokesman for InterContinental - best known for its Crowne [...]
Eurohypo AG, a European specialist bank for real estate and public finance, has supplied a $180 million loan to complete capitalization of the $250 million InterContinental Montelucia Resort & Spa project in the northeast Valley.
The agreement was one of the final pieces in the development puzzle to fall into place.
The evolution of the project began [...]
InterContinental Hotels Group, the world’s most global hotel operator, has appointed Franck Naulleau as the General Manager for the new InterContinental Resort Taba Heights, Egypt.
Naulleau joined the InterContinental Hotels Group a year ago as General Manager for InterContinental Sharm El Sheikh and is looking forward to the challenge of working closely with the team in [...]
After the opening of its resort in Berchtesgaden Germany, two years ago, the InterContinental Hotels Group (IHG) will operate a five star superior resort in Davos, Switzerland. The hotel is to be developed by Feuring – Visionary Hotel Development. The opening is scheduled for the year 2010.
Stilli Park AG is the owner. The unusual [...]
InterContinental Hotels Group (IHG) announced that its sixth hotel will open this week in Sarasota, Fla. The Hotel Indigo Sarasota will represent the brand’s first new build hotel.
The new branded boutique property is owned by Paradise Hotels of Florida, LLC and managed by Wesley Hotels & Resorts, under a license agreement with a company in [...]
