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Eagle Hospitality Seeks to Sell Its 13 Hotels

PURCHASE, N.Y.—Eagle Hospitality Properties Trust (“Eagle Hospitality”) announced today that it has reached an agreement with its secured lender that allows the Company to sell its 13 premium-branded hotels and repay its secured debt at a discount. Eagle Hospitality will ...

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Mövenpick Hotel Ankara Opens in Turkish Capital

ANKARA, Turkey—Mövenpick Hotels & Resorts is delighted to announce the opening of the 176-room Mövenpick Hotel Ankara, a new hotel based in the Turkish capital’s fast-developing Söğütözü business district. “Ankara’s success as an international business hub is helping to shape ...

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IHG to Open InterContinental Dubai Marina in 2013

Dubai, UAE—IHG (InterContinental Hotels Group) has signed an agreement with Dubai-based property developer Select Group to open InterContinental Dubai Marina. Part of the Bay Central development in the cosmopolitan Marina area, the hotel will offer rooms as well as residential ...

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