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Accor to Continue Expansion in Africa

NAIROBI, Africa—Since the opening of its first hotel in Congo in 1975, Accor has developed its network in Africa to with 114 hotels—over 17,000 rooms—in 18 countries. The Group is present on all segments, from luxury to budget, with its ...

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Richfield Hospitality Expands Management Platform into China

DENVER—Officials of Richfield Hospitality announced that it has formed Richfield Hospitality China, a joint venture with a Shanghai China-based ownership group to operate hotels in China. The new company has signed agreements to manage two extended stay hotels and has ...

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Sluggish Construction

The lack of available financing and continued economic uncertainty remained major obstacles to construction pipeline growth through the third quarter of 2011. Project migration up the pipeline toward construction was sluggish in the quarter, resulting in extended timelines as developers ...

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