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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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Ritz-Carlton Planning Reserve on Pearl Island

Ritz-Carlton Planning Reserve on Pearl Island

PANAMA CITY—The Ritz-Carlton Hotel Company is expanding its collection of Reserve hotels with plans to open a luxury resort on Pearl Island, a private island situated 45 miles south of Panama City. The resort is the sixth planned Reserve property, ...

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G6 Hospitality Franchise Convention Kicks-Off

G6 Hospitality Franchise Convention Kicks-Off

DALLAS— At its 12th annual franchise conference, G6 Hospitality sent strong messages of “business momentum” and “growth through renovation” as it highlighted the state of the Motel 6 and Studio 6 businesses to a record number 600 attending franchisees. “We ...

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Lake Arrowhead Resort and Spa Joins Autograph Collection

Lake Arrowhead Resort and Spa Joins Autograph Collection

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that Lake Arrowhead Resort and Spa, which was acquired by CWI in July 2012, has officially joined the Autograph Collection, part of the Marriott International, Inc. global portfolio. The 173-room resort, located in ...

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Wyndham Signs 17 Hotels Across Germany and Austria

Wyndham Signs 17 Hotels Across Germany and Austria

BERLIN—Wyndham Hotel Group announced the signing of 17 hotels representing over 2,300 rooms across Germany and Austria in association with Grand City Hotels. Adding to the agreement signed by the two companies in February this year to rebrand 43 hotels, ...

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