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Clarion Hotel to Become Holiday Inn in Parramatta, Australia

SYDNEY,Australia—InterContinental Hotels Group (IHG) has announced the signing of a new franchise agreement that will see the 181-room Clarion Hotel on the Park Parramatta become Holiday Inn Parramatta. The ten-year franchise agreement with owner, Australia and NZ International Investment Group ...

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Starwood Hotels Completes Sale of W Chicago – Lakeshore

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide, Inc. today announced that it has completed the sale of W Chicago – Lakeshore to Chesapeake Lodging Trust for $126 million. As part of the sale, Chesapeake has agreed to undertake a comprehensive property ...

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