Fewer new rooms in the US pipeline, says report

The luxury and upper upscale tiers are showing the most new-build activity in the US hotel industry, according to a November pipeline report by...

US tour operators forecast ‘staggering’ 2012 growth outlook

The U.S. Tour Operators Association members look forward to growth in sales in 2012. USTOA’s annual survey of active members Sunday at its Annual Conference...

Best Western members elect Dave Amin as chairman 2012

 Best Western International today announced that its board of directors has elected Devang (Dave) Amin. Amin previously served as the board's secretary-treasurer and is the...

Starwood to acquire large stake in Design Hotels AG

Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) has agreed to acquire 49.8 percent of the shares of Design Hotels AG from Arabella Hospitality SE,...

LEI buys Boston DoubleTree

Lowe Enterprises Investors (LEI) announced that it has acquired the DoubleTree Bedford Glen Hotel, in Bedford, Mass., on behalf of a pension fund client....

Host Hotels & Resorts inks $1bn line of credit

 Host Hotels & Resorts Inc. (NYSE: HST) said it has closed a new $1bn revolving credit facility, which represents a $400m increase over its existing facility, with a syndicate...

Marriott carves path in China’s leisure golf industry

The Mission Hills Group – a global golf brand and a driving force behind the sport's rapid growth in China – announces it has partnered with Marriott...

Marriott to build hotel in Port-au-Prince, Haiti

 In Haiti, where new economic activity is critical in the midst of the tremendous efforts to rebuild in the aftermath of the devastating earthquake...

Sheraton to appeal $32m court ruling

Sheraton Operating Corp., an affiliate of Starwood Hotels & Resorts Worldwide Inc., plans to appeal the ruling of a state court in White Plains,...

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...