Hotel Development Grows Despite Economy
The slowing economy is not deterring bullish hotel developers in California, according to a new study of the state's year-to-date hotel development trends. ...more

Sandman Hotel Group Announces the Development of a new Sandman Signature Hotel in Kamloops, British Columbia
Sandman Hotel Group announced the development of a new Sandman Signature Hotel in Kamloops, British Columbia. Construction will start this Fall on the 150-room Hotel located in downtown Kamloops across from the Interior Savings Centre, home of the Kamloops Blazers. ...more

New Hotel Indigo Beginning Construction in Downtown Athens, Ga.
Project Pursuing LEED(R) Gold-Certification from U.S. Green Building Council ...more

InterContinental Hotels Group (IHG) announces signing of Crowne Plaza Riyadh
The 300-room hotel - scheduled to open in late 2010 - is a partnership with Mohammed A. Al-Swailem for Commercial Investment Co. Ltd. ...more

Choice Hotels International and Och-Ziff Real Estate Acquisitions Enter Into Hotel Development Joint Venture
Companies to Provide Equity to Fuel Development and Growth of Choice's Cambria Suites, MainStay Suites and Suburban Extended Stay Brands ...more

Rezidor announces the Radisson Hotel Dresden Radebeul
Takes over the Park Hotel Dresden Radebeul in Germany and operates the property as Radisson Hotel Dresden Radebeul as from January 1, 2009. ...more

Mandarin Oriental Announces Luxury Hotel in Moscow
Mandarin Oriental Hotel Group has announced that it will manage a luxurious hotel in the heart of Moscow, which will open in 2011. ...more

Booking Bets on Hotel Luxury
The global hotel industry is in panic mode as the effects of the U.S. credit crunch spread, high oil prices threaten to curtail travel and the broader economic outlook dims. ...more

Interstate Hotels & Resorts Adds Four Hyatt Place Hotels to Managed Portfolio
Interstate Hotels & Resorts (NYSE:IHR) today announced that it has signed agreements to manage four Hyatt Place hotels in Texas. The former AmeriSuites hotels were converted to Hyatt Place hotels in December 2007 by the ownership group, FFC Capital Corporation, with whom Interstate has a long-standing relationship. ...more

Rezidor Announces 50th hotel in the UK: Park Inn Preston
By announcing the Park Inn Preston (118 rooms, opening in November 2008) the group now features 50 hotels in operation and under development in the UK - representing almost 9,000 rooms. ...more

Interstate Hotels & Resorts JV To Acquire Ownership Interest in Lexington, Ky. Hotel
Hotel to Undergo $13 Million Renovation, Reflag as Hilton ...more

Starwood Hotels & Resorts Announces Its 100th Hotel In China
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) marks a milestone in its aggressive growth in Greater China announcing its 100th hotel there, with the signing of the Sheraton Beijing Dongcheng Hotel. ...more

IHG signs new InterContinental Hotels and Resorts property in Kuwait
IHG and Bukhamseen Holding Group have signed an exclusive agreement to develop InterContinental Kuwait Downtown. ...more

Morgans Hotel Group Issues Statement Regarding Echelon Project in Las Vegas
Morgans Hotel Group Co. (NASDAQ: MHGC) today issued the following statement regarding the announcement by Boyd Gaming Corporation (NYSE: BYD) that it will delay the entire Echelon project due to the difficult environment surrounding today's capital markets and current economic conditions. ...more

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