Home / Finance + Development (page 10)

Category Archives: Finance + Development

Feed Subscription

IHG to Sell InterContinental Paris – Le Grand for $442M

IHG to Sell InterContinental Paris – Le Grand for $442M

InterContinental Hotels Group today announces that it has received a binding offer from Constellation Hotels Holding Limited to acquire InterContinental Paris – Le Grand. The proposed purchase price is $442 million, payable in cash at completion. Constellation has made a ...

Read More »

IHG Signs Nine Hotel Indigo Agreements

IHG Signs Nine Hotel Indigo Agreements

ATLANTA—InterContinental Hotels Group (IHG) announces the continued expansion of its Hotel Indigo brand in top-tier markets across the United States, with nine signings in the first seven months of 2014. The hotels will be located from the East Coast to ...

Read More »

Hyatt Completes Acquisition of Park Hyatt New York

Hyatt Completes Acquisition of Park Hyatt New York

CHICAGO—Hyatt Hotels Corporation has announced that a wholly owned Hyatt subsidiary acquired 100 percent of the 210-room Park Hyatt New York for approximately $390 million, inclusive of pre-opening and related costs. Park Hyatt New York is expected to open later ...

Read More »

Hilton Worldwide Reaches 700,000th Room Milestone

Hilton Worldwide Reaches 700,000th Room Milestone

MCLEAN, Va.—Hilton Worldwide today announced the opening of the dual-branded, 352-room Hampton Inn and Homewood Suites by Hilton Chicago Downtown/Magnificent Mile, which also marks the company’s 700,000th room globally and Homewood Suites’ 350th hotel opening. “This hotel opening is not ...

Read More »

Courtyard by Marriott Bali Seminyak Opens

Courtyard by Marriott Bali Seminyak Opens

BALI, Indonesia—Marriott International Inc. announces the opening of the second Courtyard branded property in the Island of the Gods, Courtyard by Marriott Bali Seminyak. Located in the heart of Seminyak, the 290-room hotel is the 31st Courtyard hotel in Asia. ...

Read More »
Scroll To Top