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Starwood Sells Two San Francisco Hotels

Starwood Sells Two San Francisco Hotels

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced that it has completed the sale of both The Westin San Francisco Airport and Aloft San Francisco Airport to a venture led by Ultima Hospitality for $125 million. As part of the agreement, ...

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JW Marriott Debuts Two New India Properties

JW Marriott Debuts Two New India Properties

MUMBAI, India—Marriott International’s global luxury brand JW Marriott Hotels and Resorts is continuing to grow it’s India portfolio with the opening of two new hotels—in Bengaluru and New Delhi—within weeks of each other. These will be JW Marriott brand’s fourth ...

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Grace Hotels Acquires La Margna Hotel in St. Moritz

Grace Hotels Acquires La Margna Hotel in St. Moritz

NEW YORK—Grace Hotels, the privately owned luxury hotel group, has acquired the historic La Margna hotel in the heart of St. Moritz, Switzerland. During 2014 the company will undertake an extensive program of renovation and transformation to create Grace St. ...

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Hampton Expands to Second Russian City

Hampton Expands to Second Russian City

VOLGORAD, Russia—Hampton by Hilton announced the opening of Hampton by Hilton Volgograd Profsoyuznaya in the South East of Russia. The hotel is the economy brand’s latest hotel in Europe and second in Russia, following the recent opening of Hampton by ...

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Inland American Acquires the Lorien Hotel and Spa

Inland American Acquires the Lorien Hotel and Spa

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, announced that it has acquired the 107-room Lorien Hotel and Spa in Alexandria, Va., for a purchase price of approximately $45 million. “This boutique ...

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