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IHG Signs Fourth Hotel Indigo Location in Metro Chicago

IHG Signs Fourth Hotel Indigo Location in Metro Chicago

ATLANTA—Hotel Indigo, IHG’s (InterContinental Hotels Group) upscale boutique brand, continues to expand in top-tier U.S. markets, with plans for a hotel in the Chicago suburb of Naperville. The hotel, planned on the Naperville Riverwalk is expected to be a significant ...

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Kerzner to Bring $1.5 Billion Atlantis Resort to China

Kerzner to Bring $1.5 Billion Atlantis Resort to China

SHANGHAI—Fosun International Limited has entered into an agreement with Kerzner International Holdings Limited for an Atlantis resort along the Haitang Bay National Coast in China. This will be the first Atlantis resort in China and only the third Atlantis worldwide. ...

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Hyatt Plans For Two Hotels in Tanzania

Hyatt Plans For Two Hotels in Tanzania

CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with ASB Holdings Limited for two Hyatt-branded hotels in Tanzania—Park Hyatt Zanzibar and Hyatt Regency Arusha. The hotels will join the previously announced Park Hyatt Marrakech ...

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Value Place to Invest $131 Million in Florida

Value Place to Invest $131 Million in Florida

MIAMI—Value Place announced today it plans to invest $131 million to purchase land and develop 15 new corporate extended-stay properties in the greater Miami region over the next two years. Construction of the first 124-unit property is slated to begin ...

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Delta Hotels and Resorts to Open Flagship Hotel in Toronto

Delta Hotels and Resorts to Open Flagship Hotel in Toronto

TORONTO—Delta Hotels and Resorts unveiled its flagship hotel in Toronto’s South Core neighbourhood during a topping off event, marking the completion of the hotel’s 46th floor. Scheduled to open in late 2014, the Delta Toronto at Southcore Financial Center will ...

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