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Carlson Rezidor Announces Joint Venture in Indonesia

Carlson Rezidor Announces Joint Venture in Indonesia

BERLIN—Carlson Rezidor Hotel Group announced the signing of a joint venture agreement with Indonesia’s Panorama Group that will accelerate Carlson Rezidor’s portfolio growth in Indonesia. Under the agreement, 20 Radisson and Park Inn by Radisson hotels will be developed in ...

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IHG Signs MDA for 15 New Holiday Inn Express Hotels

IHG Signs MDA for 15 New Holiday Inn Express Hotels

BERLIN—IHG (InterContinental Hotels Group) has signed a franchise multiple development agreement (MDA) with Regional Hotel Chain, a portfolio company of VIY Management (VIYM) to develop 15 new hotels in Russia by 2019, which, when open, will double the size of ...

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