Hotel Industry Development News

Residence Inn by Marriott Philadelphia Great Valley | Malvern Hotel Sold
July, 10 2018
Noble Investment Group today announced the acquisition of the Residence Inn by Marriott Philadelphia Great Valley | Malvern. The all-suite, extended stay hotel, which opened in April 2016, is located in Great Valley/Malvern proximate to the Route 29 and Pennsylvania Turnpike interchange, within the King of Prussia/Valley Forge submarket. continue reading →

The Bernic Hotel in Midtown Manhattan Joins Tapestry Collection by Hilton
July, 10 2018
With floor-to-ceiling windows in every room and balconies in more than 75 percent of them, guests can take in spectacular views of Midtown Manhattan. In addition to the rooms with a view, The Bernic offers a changing collection of images and creations by artist Ian Sklarsky that have become seasonal fixtures in the hotel. continue reading →

We Want to Focus on the Resort Space in India: Hilton - Business Line India
July, 10 2018
Hilton, one of the largest hotel chains in the world, is on a course correction in India. Despite a good start with an ambitious JV with DLF in 2006 (which ended in 2011 with the real estate firm buying out Hilton’s stake), it has floundered here with just 17 properties compared with the 100 that its global rival Marriott has notched up. continue reading →