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Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan Investment Group and Investra Investments have purchased the Holiday Inn Express & Suites in Bluffton, S.C., from Veritas Hospitality Group, a division of the Stafford Companies, based in Tifton, Ga. Loxi Hospitality provided advisory services with the transaction. This ...

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Despite Challenges, Best Western Expands Presence in China

Despite Challenges, Best Western Expands Presence in China

Despite a growing number of challenges facing the Chinese hotel industry, including increasing costs, high employee turnover, and decreases in ADR and occupancy rates, international hospitality companies still see huge growth potential ahead in China. Major players like Starwood, Hilton, ...

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IHG Opens Second Even Hotels Property

IHG Opens Second Even Hotels Property

ATLANTA—InterContinental Hotels Group today announces the opening of its second Even Hotels property in Rockville, Md., within the Washington, D.C., metro area. The first Even Hotels property opened in Norwalk, Conn., in mid-June. Even Hotels is expected to be a ...

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IHG Opens Fourth Holiday Inn Express in Indonesia

IHG Opens Fourth Holiday Inn Express in Indonesia

InterContinental Hotels Group has opened Holiday Inn Express Bali Raya Kuta in Indonesia, the fourth Holiday Inn Express hotel to open in the country since the brand debuted there in November 2013. Located in the center of Kuta, the new ...

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RLHC Opens New Franchise in Renton, Wash.

RLHC Opens New Franchise in Renton, Wash.

SPOKANE, Wash.—Red Lion Hotels Corporation has opened a new franchise location in Renton, Wash., after signing an agreement with the owners in June. This is the sixth franchise agreement completed by the company in 2014. The Red Lion Hotel & ...

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