NewcrestImage recently celebrated the ground breaking of its newest hotel project, Hyatt House Frisco, TX located at 2875 Parkwood Blvd. The upscale, extended-stay hotel is scheduled for completion in Winter 2015.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has signed an agreement with Hoteli Dubrovacka Rivijera d.d. to open a new Sheraton hotel in Dubrovnik, one of the most popular tourist destinations in the Mediterranean.
Marriott International, Inc (NASDAQ:MAR) has signed up Dubais luxurious Habtoor Grand Beach Resort & Spa to its Autograph Collection. This represents the debut of the exclusive portfolio of the one-of-a-kind-hotels in the Middle East and Africa.
Acquisition makes IHG the clear market leader in the boutique segment, the fastest growing segment in the industry.
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