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Cachet Hotel Group Imports New York Brand

Cachet Hotel Group Imports New York Brand

SHANGHAI—At the China Hotel Investment Conference (CHIC) in Shanghai, China, Cachet Hotel Group unveiled a new brand called Nano Hotels & Resorts, with plans to announce its first property in Manhattan later this year. “In 2014 we are focused on ...

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ABVI Adds 18 Hotels in First Quarter

ABVI Adds 18 Hotels in First Quarter

CLEVELAND—Americas Best Value Inn added 18 new properties during the first quarter of 2014. ABVI welcomed six additional properties in Texas (where it has more than 120 locations), including two in Houston and a 160-room property in Corpus Christi. Among ...

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Top 10 Highest-Rated Green Hotels in the United States

Top 10 Highest-Rated Green Hotels in the United States

TripAdvisor recently announced the 10 highest-rated TripAdvisor GreenLeaders hotels in the United States. The list is based on properties that have achieved the peak platinum status in the GreenLeaders program, and are the most popular with travelers according to the ...

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Concord Hospitality Sells 13-Hotel Portfolio for $240M

Concord Hospitality Sells 13-Hotel Portfolio for $240M

RALEIGH, N.C.—Concord Hospitality Enterprises has announced the sale of a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction. Concord will continue to operate the hotels under ...

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Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor Underlines Leading Position in Africa

Carlson Rezidor holds the largest hotel pipeline in Africa with 30 hotels and 6,300 rooms under development, according to a W Hospitality Group survey. Carlson Rezidor Hotel Group develops and operates Radisson Blu in the upper upscale segment and Park ...

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