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IHG Said to Seek $1 Billion For Hong Kong Hotel

IHG Said to Seek $1 Billion For Hong Kong Hotel

InterContinental Hotels Group is seeking at least $1 billion from the sale of the InterContinental Hong Kong Hotel, according to a Bloomberg report. The company hired Jones Lang LaSalle to find a buyer for the Hong Kong hotel, people with ...

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Jones Lang LaSalle: New York Hotel Market Overview

Jones Lang LaSalle: New York Hotel Market Overview

The New York lodging sector is among the highest performing markets in the world. Hotel occupancy among upper-tier hotels went nearly uninterrupted during the economic downturn, and, as a result, RevPAR increases have been driven mostly by rate growth, says ...

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Philadelphia Hotel Market is Buzzing With Activity

Philadelphia Hotel Market is Buzzing With Activity

Could the City of Brotherly Love the next hot hotel market? Philadelphia might be known for its arts and entertainment, restaurants, history, and passionate sports fans, but now it’s also being recognized for its bustling hotel activity, with red-hot openings ...

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