The Ritz-Carlton Case - Why it may not matter that much
The recent award of $10 million in punitive damages in proceedings P.T. Karang Mas Sejahtera (KMS) and Marriott International Inc. and The Ritz-Carlton Company LLC (Ritz-Carlton) has provoked considerable discussion on the effect of that decision for the hotels industry. The purpose of this article is to examine the decision in its proper context, and to look at what general application it has (if any) on owners and operators in similar situations. ...more

Rezidor Announces the Park Inn Manchester Old Trafford
The Rezidor Hotel Group (STO:REZT) announces a new property in Manchester, UK - the Park Inn Manchester Old Trafford (226 rooms) which is scheduled to open in Q2 2010. ...more

Millennium And Copthorne Enters India
Millennium and Copthorne Hotels plc (M&C) announced a joint venture company (JV) in India with Rakindo Developers Pvt. Ltd., to develop hospitality projects in India, marking M&C hotels' first foray into India. ...more

Fontainebleau Resorts and Nakheel Announce Joint Venture
Nakheel Hotels Acquires 50% Interest in Fontainebleau Miami Beach for $375 Million ...more

Accor: Development of Ibis and Formule 1 Networks in Brazil
Partnership Agreement with Walter Torre To Drive Faster Development of Ibis and Formule 1 Networks in Brazil ...more

Wyndham Vacation Ownership Expands Presence in Las Vegas with the Construction of its Fifth Resort, the Wyndham Desert Blue
Wyndham Vacation Ownership, the world's largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE: WYN), is expanding its presence in Las Vegas with the construction of the Wyndham Desert Blue, the company's fifth resort in this highly popular vacation destination. ...more

MK Closes Sale of Fairfield Inn Virginia Beach to Accor North America
Molinaro Koger (MK) announced today they facilitated the marketing and sale of the former Fairfield Inn Virginia Beach Town Center on behalf of Virginia Beach Hotel, LLC. The well-located asset was acquired by Accor North America for an undisclosed sum and converted to their rapidly expanding Motel 6 brand. ...more

Whitbread Announces Six Ew Premier Inn Hotels In London, With 1200 Rooms
Whitbread PLC, the UK's largest hotel and restaurant group, has today announced six new Premier Inn hotels in London, with 1200 rooms, to be opened over the next three years, with an investment equivalent to £100 million. ...more

Intercontinental Hotels & Resorts Enjoying Unprecedented Growth In Asia Pacific, 30 New Hotels Opening In Next Three Years
Greater China luxury portfolio expected to nearly triple to 24 hotels | 11 new resorts to open region-wide ...more

Intercontinental Hotels Group (IHG) Begins Roll out of new Style Holiday Inn Hotels Globally
InterContinental Hotels Group (IHG) today announces the first European Holiday Inn hotels to open as part of the US$1 billion global relaunch of the Holiday Inn brand family. ...more

Ways to Reduce Renovation Expenses While Retaining Quality
The Ghoman Design Group, Inc. is a hospitality renovation firm which combines interior design, architecture, general contracting, procurement / purchasing, installation, logistics and project management creating a total solution for its clients. ...more

New ARTEH(R) Hotel in Salvador da Bahia, Brazil
Tivoli Ecoresort Praia do Forte, in Salvador da Bahía - Brazil, joins ARTEH(R) Hotels and Resorts. ...more

Sheraton Hotels & Resorts Announces Largest Development Pipeline in the Brand's History
Starwood Hotels' Largest Brand Initiates an Aggressive Expansion Across Four Continents, Adding 54 Hotels and 20,000 Guestrooms by 2009 ...more

Coakley & Williams Hotel Management Company Re-Flags Holiday Inn Fort Washington
Pennsylvania hotel completes major renovation and recovers its brand ...more

Holiday Inn Express to launch in Taiwan
Taichung city's first internationally branded hotel to open in August 2008 ...more

Hilton Hotels Corporation to Manage Hilton Pattaya
Opening in 2010, in the eastern coastal resort destination of Pattaya, the Hilton Pattaya will be the seventh Hilton Family hotel in Thailand ...more

Kimpton Closes $246 Million Third Hotel Acquisition Fund
Proprietary, Discretionary Fund Will Add $800+ Million Worth of Hotels in Three Years ...more

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