Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) to bring the W brand for the first time to Mexicos Yucatan Peninsula. The property is expected to rise on an oceanfront site in Playa del Carmen within walking distance to entertainment, upscale shopping and restaurants.
Radisson Hotel Group announced the signing of the Radisson Hotel Saint Denis in Reunion Island, the Group's entry into their third Indian Ocean Island. The group is now present in three of the four main Indian Ocean Islands, bringing their Indian Ocean portfolio to seven hotels in operation and under development.
SO/ Hotels & Resorts, together with Sotogrande SA have signed a management agreement to open the first SO/ property in Spain. SO/ Sotogrande Resort & Spa will reflect the brand's rebellious luxury in this idyllic setting within the Costa del Sol.
The 236-room hotel will open this spring at 1180 Ludlow Street as part of the East Market development in Center City.