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First TRYP by Wyndham Planned for the Middle East

First TRYP by Wyndham Planned for the Middle East

DUBAI, United Arab Emirates—Wyndham Hotel Group announced plans for the first TRYP by Wyndham hotel in the Middle East, following the signing of a management agreement with Omega I, a subsidiary of British-owned developer The First Group. The property is ...

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Paramount Hotel Hires Interstate Hotels and Resorts

Paramount Hotel Hires Interstate Hotels and Resorts

NEW YORK—New York’s The Paramount Hotel has announced that Interstate Hotels and Resorts will take over as its new management company. Built in 1928, The Paramount was recently upgraded with a new design and amenities, and owners RFR Holding LLC ...

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Investors Ask for Morgans Hotel Sale After CEO Resigns

Following an ouster of the board by its largest shareholder, Morgans Hotel Group announced that its CEO Michael Gross resigned as its chief executive officer. Jason Kalisman, the company’s chairman, will take over as interim CEO. But according to this ...

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