Hotel Net Info

IHG to add close to 1,000 InterContinental and Holiday Inn hotel rooms and suites in South Korea (Hospitality Net)

Thu, 28 Aug 2008 09:52:14 +0000

IHG (InterContinental Hotels Group) has signed an agreement with Gwangwondo Development Corporation (GDC) to manage two Resorts and Suites under the InterContinental Hotels & Resorts, Holiday Inn Hotels & Resorts and Holiday Inn Suites brands. This adds another close to 1,000 rooms to IHG’s pipeline in Korea and doubles the number of IHG hotels in this market.

Shangri-La’s Olympic Hotels Ready to Welcome the World (PRWeb via Yahoo! News)

Thu, 28 Aug 2008 08:01:00 +0000

Management and staff at Shangri-La Hotels and Resorts, Asia Pacific’s leading luxury hotel group, have been keenly anticipating and preparing for the 2008 Olympic Games.

Hilton Hotels Corporation Makes $3 Million Commitment to Annual Scholarship Fund (Centre Daily Times)

Wed, 27 Aug 2008 19:59:15 +0000

Hilton Hotels Corporation (”Hilton”), presented to CollegeBound Foundation the first installment of a $3 million 15 year commitment towards the Hilton Baltimore Convention Center Hotel Scholarship Fund at the Hilton Baltimore’s official opening and ribbon cutting ceremony. The $200,000 check was presented to launch the program increasing educational opportunities for students in Baltimore to …

Dubai-controlled KOP buys $250 mln Stein hotels stake | reuters.com (Hospitality Net)

Wed, 27 Aug 2008 14:21:55 +0000

Singapore-based KOP Capital, controlled by the emirate-owned Dubai Group, will buy a 50 percent stake in European hotel chain Stein Group for $250 million, and spend about the same amount on new hotels in Asia. “We have always wanted to acquire an international chain of hotels and resorts, and were looking for a product that we felt was missing from the market. Stein looked like a good strategic …

Carlson Hotels Worldwide Adds 17 Properties To Its Global Portfolio In June And July (Hospitality Net)

Wed, 27 Aug 2008 13:22:07 +0000

Carlson Hotels Worldwide today announced the addition of 17 locations to its global portfolio during June and July 2008. The new hotels include seven new Radisson properties opened across the globe in Panama, China, India and Mali, and also include three Radisson SAS hotels in Switzerland, Jordan and the United Arab Emirates. Ten Country Inn & Suites By CarlsonSM hotels were also opened in the …

Brand of International Luxury Resorts Leverage Business with Social Media Marketing (PRWeb via Yahoo! News)

Wed, 27 Aug 2008 08:01:00 +0000

The renowned social media marketing (SMM) campaign for ME by Melia, a luxury brand of urban-style resorts, celebrates its 8th month of growing the presence, the voice, the revenue of the brand and each of its three properties across the Web.

Dubai-controlled KOP buys $250 mln Stein hotels stake (Budapest Business Journal)

Wed, 27 Aug 2008 07:24:47 +0000

Singapore-based KOP Capital, controlled by the emirate-owned Dubai Group, will buy a 50% stake in European hotel chain Stein Group for $250 million, and spend about the same amount on new hotels in Asia.

Dubai-controlled KOP buys $250 mln Stein hotels stake (Reuters via Yahoo! Philippines News)

Wed, 27 Aug 2008 04:18:35 +0000

SINGAPORE, Aug 27 (Reuters) - Singapore-based KOP Capital, controlled by the emirate-owned Dubai Group, will buy a 50 percent stake in European hotel chain Stein Group for $250 million, and spend about the same amount on new hotels in Asia.

Bill Gates buys Strategic Hotels & Resorts stake (AP via Yahoo! Finance)

Tue, 26 Aug 2008 21:04:10 +0000

Microsoft founder Bill Gates has acquired more than 5 percent of Strategic Hotels & Resorts Inc., a hotel real estate investment trust, according to a filing with the Securities and Exchange Commission filing on Friday.

Today ME Barcelona Opens As the Fourth ‘ME’ Property In the Sol Melia Hotels and Resorts’ Premium Portfolio (PR Newswire via Yahoo! Finance)

Tue, 26 Aug 2008 17:33:00 +0000

Leading Spanish hotel and resort operator Sol Melia opened ME Barcelona today, the fourth hotel of the “experience based” brand of personality hotels, ME.