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Rezidor Arrives in Ethiopia: New Radisson Hotel in Addis Ababa
The Rezidor Hotel Group (STO:REZT) arrives in Ethiopia and announces a brand new Radisson hotel in the capital city Addis Ababa - the property will feature 209 rooms and open in Q4 2009.
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Holiday Inn returns to Chennai, India's third largest City
• New-build 200-room, 75-suite Holiday Inn to open in Chennai's Estancia Integrated Township in 2011
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Outrigger Serenity Terraces Resort, Phuket to Open in Early 2009
Outrigger Enterprises Group will open a beachfront condominium resort in Phuket in early 2009. The Outrigger Serenity Terraces Resort, Phuket will be the first Outrigger property to open in the area.
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Capital Hotel Management Announces New Division: CHM Government Services
Capital Hotel Management (CHM), a leading hospitality investment and asset management firm, today announces the launch of CHM Government Services, a new division created to provide government and public agencies and their partners with creative and effective business-based solutions to a wide-range of issues surrounding the ownership and operation of hospitality and recreational assets.
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Ashford Hospitality to Sell Hyatt Montreal for $58.3 Million
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has agreed to sell the Hyatt Regency Montreal in Montreal, Quebec to Pandox for $58.5 million CDN ($58.3 million U.S. based on yesterday's conversion rate).
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Major Expansion Approved for Vineyard Resort Development in Mendoza, Argentina
Algodon Wine Estates Will Add Luxury Hotel, Spa, Two Additional World-Class Golf Courses and over 200 Vineyard Homesites
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