Carlton Group to raise money for MGM India

The Carlton Group of New York has been retained as exclusive equity and debt capital adviser for development of the MGM Grand hotel in...

Value Place expands presence and revenue in 2Q

Monday, August 04, 2014 – VALUE PLACE, AN extended-stay economy brand, closed out the second quarter of 2014 on the high side. Just one month...

IHG peers honor veteran hotelier Buggsi Patel

BAKULESH “BUGGSI” PATEL has dedicated countless hours and days in not only growing his hotel development company but helping others achieve success as well. For...

RLJ Lodging hot on Miami Beach hotel

  RLJ Lodging Trust put $7.2m down toward its purchase of the 231-room Hilton Cabana Miami Beach for $71.6m. The property opened as a hotel in the...

Noble Investment to sell 13 hotels for $300M

American Realty Capital Trust Inc., established last year, includes Atlanta firm’s assets in its buying spree Wednesday, June 17, 2015 – NOBLE INVESTMENT GROUP, a...

KM Hotels to convert West Virginia Sears building into a Hilton

THE SHELL OF a former retail anchor store for the Charleston Town Center in Charleston, West Virginia, is about to be replaced with a...

Accor To Increase India Presence

French hotel company Accor is planning to dramatically expand its presence in India. Accor – which currently has eight hotels in India – will...

Indiana hotel charges unhappy guest $350 for negative online review

A FORMER GUEST, and the Indiana Attorney General’s office, say The Abbey Inn in Nashville, Indiana, was “deceptive” when it charged the guest $350...

U.S. hotel companies show renewed confidence in India

Economic outlook brighter with government stability attracting more investment and businesses Wednesday, April 15, 2015 – THE HOTEL INDUSTRY in India may be nearing the...

Hersha Hospitality to buy Hilton Garden Inn for $74M

  Hersha Hospitality Trust will add to its Manhattan portfolio when it settles on the $74m acquisition of the 205-room Hilton Garden Inn in New...