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Starwood Bringing Aloft Brand to Russia

ST. PETERSBURG, Russia—Starwood Hotels & Resorts Worldwide, Inc. and its brand, Aloft Hotels, announced the signing of Aloft St. Petersburg. The opening of Aloft St. Petersburg in 2015 will mark the debut of Starwood’s Aloft Hotels brand in Russia. Owned ...

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Richfield Hospitality Expands Management Platform into China

DENVER—Officials of Richfield Hospitality announced that it has formed Richfield Hospitality China, a joint venture with a Shanghai China-based ownership group to operate hotels in China. The new company has signed agreements to manage two extended stay hotels and has ...

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Hyatt Announces Plans for a Hyatt Place Hotel in Nagpur

CHICAGO—Hyatt Hotels Corporation announced today that a Hyatt affiliate signed a management agreement with Unity Infraprojects Limited for a Hyatt Place hotel in Nagpur, India. Hyatt Place Nagpur marks the 24th Hyatt Place hotel under development in India, bringing the ...

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Corporate Rate Negotiations

Corporate travel buyers and lodging industry executives are preparing for corporate rate negotiating season, which begins in September and continues through December. Corporate and contract rates represent almost 20 percent of occupied room nights and almost 30 percent of U.S. ...

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