Minor International Acquires 8.6% Stake in NH Hotel Group

Minor International (MINT) announced today that it has reached agreement to acquire 30,000,000 shares in NH Hotel Group in a transaction valued at EUR 192 million, which together with its existing shareholding will increase MINT’s stake in NH Hotel Group to 8.6% on a fully diluted basis.

IHG Reinvests in Branston UK Corporate Office

As part of a major reinvestment, IHG (InterContinental Hotels Group) is creating over 70 jobs and refurbishing 60,000 square feet of office space at its three-storey corporate facilities in Branston, Burton upon Trent.

Grand Hyatt Athens Hotel Announced

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with both Henderson Park and Hines for the first Grand Hyatt hotel in Greece, Grand Hyatt Athens. The opening is expected in Q3 2018.

DoubleTree by Hilton Hotel Coming to Harrogate in the UK

Hilton has signed a franchise agreement with the Cairn Group to open DoubleTree by Hilton Harrogate. The hotel, formerly The Majestic Hotel Harrogate, will open at the end of 2019 following a £10 million refurbishment programme.

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