Today's Hotel Development News http://www.hotelnewsresource.com Today's Hotel Development News from Hotel News Resource en-us Hotel News Resource http://www.nevistas.com/nev_logo.gif http://www.hotelnewsresource.com support@nevistas.com Hotel Madeline Telluride Sold to Northview Hotel Group http://www.hotelnewsresource.com/article79489Hotel_Madeline_Telluride_Sold_to_Northview_Hotel_Group.html http://www.hotelnewsresource.com/article79489Hotel_Madeline_Telluride_Sold_to_Northview_Hotel_Group.html Affiliates of Northview Hotel Group, in partnership with a fund managed by an affiliate ofApollo Global Management, LLC (NYSE:APO) have announced the acquisition of Hotel Madeline Telluride, Telluride's premier hotel and residences. Tue, 26 Aug 2014 15:22:58 EST The Parisian Macao Receives Construction Permit http://www.hotelnewsresource.com/article79483The_Parisian_Macao_Receives_Construction_Permit.html http://www.hotelnewsresource.com/article79483The_Parisian_Macao_Receives_Construction_Permit.html The company said additional permits will be necessary as the development continues, but after undergoing a brief work stoppage, this approval enables work on the critical podium structure to restart immediately. Tue, 26 Aug 2014 14:45:56 EST Accor Acquires 13 Properties Totaling 1,194 Room in the U.K. http://www.hotelnewsresource.com/article79475Accor_Acquires____Properties_Totaling_______Room_in_the_U_K_.html http://www.hotelnewsresource.com/article79475Accor_Acquires____Properties_Totaling_______Room_in_the_U_K_.html Accor announces that HotelInvest, the Group’s hotel owner and investor business, has purchased a portfolio of 13 hotels from Tritax for a total consideration of €89 million (£71 million) in line with its stated strategy to consolidate the owned hotel base whilst strengthening its economy and midscale segments. Tue, 26 Aug 2014 09:42:59 EST 140 Room Savannah Suites in Stone Mountain, Georgia Sold for $1.5 Million http://www.hotelnewsresource.com/article79471____Room_Savannah_Suites_in_Stone_Mountain__Georgia_Sold_for______Million.html http://www.hotelnewsresource.com/article79471____Room_Savannah_Suites_in_Stone_Mountain__Georgia_Sold_for______Million.html Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), last week announced that it has sold the 140-room Savannah Suites in Stone Mountain, Georgia, on August 21, 2014 for $1.5 million. Supertel will use the proceeds from the sale to retire the mortgage on the property. Mon, 25 Aug 2014 11:39:37 EST Sheraton Samui Resort to Open Following a Conversion This December in Koh Samui, Thailand http://www.hotelnewsresource.com/article79464Sheraton_Samui_Resort_to_Open_Following_a_Conversion_This_December_in_Koh_Samui__Thailand.html http://www.hotelnewsresource.com/article79464Sheraton_Samui_Resort_to_Open_Following_a_Conversion_This_December_in_Koh_Samui__Thailand.html Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced its Sheraton brand will continue to expand its footprint in Thailand with the signing of Sheraton Samui Resortin Koh Samui, Thailand's second largest island after Phuket. The agreement with TCC Hotels Group, a member of theTCC Land Group, marks the conversion of the existing 141-room Imperial Samui Beach Resort to a Sheraton, anticipated to take place by December 2014. Mon, 25 Aug 2014 11:13:30 EST Metropolitan at The 9 Hotel Joins Marriott's Autograph Collection http://www.hotelnewsresource.com/article79449Metropolitan_at_The___Hotel_Joins_Marriott_s_Autograph_Collection.html http://www.hotelnewsresource.com/article79449Metropolitan_at_The___Hotel_Joins_Marriott_s_Autograph_Collection.html The Metropolitan at The 9 is affiliated with Autograph Collection®, Marriott International's exclusive collection of more than 50 independent hotels that have been carefully selected for their chic styles and distinct guest experiences. The hotel has 156 boldly designed rooms and suites. Fri, 22 Aug 2014 12:38:32 EST 224 Key Thompson Nashville Expected to Open in Summer 2016 http://www.hotelnewsresource.com/article79440____Key_Thompson_Nashville_Expected_to_Open_in_Summer_____.html http://www.hotelnewsresource.com/article79440____Key_Thompson_Nashville_Expected_to_Open_in_Summer_____.html The 224-key Thompson Nashville, expected to open in Summer 2016, will be a valued amenity and social anchor in the epicenter of The Gulch, a vibrant mixed-use neighborhood that is swiftly becoming one of Nashville's most coveted urban destinations boasting more than 50 restaurants, retail stores and entertainment venues. Fri, 22 Aug 2014 09:26:05 EST Kempinski Hotels and The Stafford London Terminate Management Agreement http://www.hotelnewsresource.com/article79430Kempinski_Hotels_and_The_Stafford_London_Terminate__Management_Agreement.html http://www.hotelnewsresource.com/article79430Kempinski_Hotels_and_The_Stafford_London_Terminate__Management_Agreement.html Kempinski Hotels and The Stafford Hotel Ltd. announce today that they have mutually and amicably agreed to end the management agreement for The Stafford London by Kempinski. Thu, 21 Aug 2014 13:29:38 EST 390-room Fairmont Suzhou Set To Open 2018 in Eastern China http://www.hotelnewsresource.com/article79423____room_Fairmont_Suzhou_Set_To_Open______in_Eastern_China.html http://www.hotelnewsresource.com/article79423____room_Fairmont_Suzhou_Set_To_Open______in_Eastern_China.html Fairmont Suzhou will feature 390 luxury guestrooms, as well as five distinct dining outlets. The hotel will also house over 4,000 square meters (43,000 square feet) of banquet and event space. Leisure facilities will include a swimming pool and Willow Stream Spa, the company's branded spa product. Thu, 21 Aug 2014 12:30:22 EST Holiday Inn Kayseri - Düvenönü to Open Early 2016 in Turkey http://www.hotelnewsresource.com/article79422Holiday_Inn_Kayseri___D______ven______n_______to_Open_Early______in_Turkey.html http://www.hotelnewsresource.com/article79422Holiday_Inn_Kayseri___D______ven______n_______to_Open_Early______in_Turkey.html InterContinental Hotels Group (IHG) has announced the signing of Holiday Inn® Kayseri - Düvenönü. Operating under a franchise agreement with Ali Sert Otel Tur. Ins. San. Tic. LTD, the new build hotel is due to open in early 2016. Thu, 21 Aug 2014 12:26:55 EST Bear Valley Mountain Resort in Northern California Sold to Skyline International http://www.hotelnewsresource.com/article79419Bear_Valley_Mountain_Resort_in_Northern_California_Sold_to_Skyline_International.html http://www.hotelnewsresource.com/article79419Bear_Valley_Mountain_Resort_in_Northern_California_Sold_to_Skyline_International.html Skyline International Development Inc. (TASE:SKLN) has entered into a binding agreement of purchase and sale to acquire Bear Valley Mountain Resort in northern California. The agreement comes after several weeks of discussion with the current ownership and local community leaders that had formed the Bear Valley Mountain Cooperative and who were also in the process of purchasing the resort. Thu, 21 Aug 2014 12:07:43 EST Hotel Equities Breaks Ground on Residence Inn by Marriott Lake Charles, LA http://www.hotelnewsresource.com/article79403Hotel_Equities_Breaks_Ground_on_Residence_Inn_by_Marriott_Lake_Charles__LA.html http://www.hotelnewsresource.com/article79403Hotel_Equities_Breaks_Ground_on_Residence_Inn_by_Marriott_Lake_Charles__LA.html The new-build hotel will be located at1591 West Prien Road, beside the SpringHill Suites by Marriott, also managed by Hotel Equities. Wed, 20 Aug 2014 14:08:47 EST Driftwood Hospitality Management Acquires Courtyard Marriott Gulf Shores http://www.hotelnewsresource.com/article79402Driftwood_Hospitality_Management_Acquires_Courtyard_Marriott_Gulf_Shores.html http://www.hotelnewsresource.com/article79402Driftwood_Hospitality_Management_Acquires_Courtyard_Marriott_Gulf_Shores.html Driftwood Hospitality Management yesterday announced the acquisition of its first Alabama property, the Courtyard Gulf Shores (pictured left). Driftwood will operate the 90-room hotel, joining the Courtyard Miami West/FL Turnpike and Courtyard Chicago Wood Dale/Itasca as their third Courtyard by Marriott franchised property. Wed, 20 Aug 2014 14:02:48 EST Kimpton to Convert Historic Chicago's New York Life Building Building to 281 Room Hotel http://www.hotelnewsresource.com/article79400Kimpton_to_Convert_Historic_Chicago_s_New_York_Life_Building_Building_to_____Room_Hotel.html http://www.hotelnewsresource.com/article79400Kimpton_to_Convert_Historic_Chicago_s_New_York_Life_Building_Building_to_____Room_Hotel.html Kimpton Hotels & Restaurants announced yesterday it has purchased an historic building in the heart of Chicago's Central Loop neighborhood to be converted for the first time into a four-star, 281-room hotel. The 14-story iconic building, which was originally constructed in 1894 and currently serves as commercial office space, was acquired through the company's proprietary KHP III fund. Wed, 20 Aug 2014 13:44:15 EST Minor Hotel Group in Partnership with Sun International to Own and Operate Eight Properties in Africa http://www.hotelnewsresource.com/article79397Minor_Hotel_Group_in_Partnership_with_Sun_International_to_Own_and_Operate_Eight_Properties_in_Africa.html http://www.hotelnewsresource.com/article79397Minor_Hotel_Group_in_Partnership_with_Sun_International_to_Own_and_Operate_Eight_Properties_in_Africa.html Minor Hotel Group (MHG) has announced the formation of a new strategic partnership with Sun International to own and operate a collection of eight properties in five African countries. Wed, 20 Aug 2014 13:30:03 EST Colliers International Hotels Q2 2014 INNvestment Canada (PDF Download) http://www.hotelnewsresource.com/article79359Colliers_International_Hotels_Q_______INNvestment_Canada__PDF_Download_.html http://www.hotelnewsresource.com/article79359Colliers_International_Hotels_Q_______INNvestment_Canada__PDF_Download_.html Overall trading activity in Canada has been healthy through the first half of 2014 with 64 hotel transactions amounting to approximately $570 million in volume. Tue, 19 Aug 2014 12:27:58 EST Marriott Minsk Hotel Set to Open in 2015 in Belarus http://www.hotelnewsresource.com/article79358Marriott_Minsk_Hotel_Set_to_Open_in______in_Belarus.html http://www.hotelnewsresource.com/article79358Marriott_Minsk_Hotel_Set_to_Open_in______in_Belarus.html Marriott International, Inc. (NASDAQ:MAR) is expanding in Belarus with plans to open a second hotel in the country. The 220-room Marriott Minsk Hotel is expected to open in early 2015 and will operate under a franchise agreement with Vienna International Hotelmanagement AG. Tue, 19 Aug 2014 12:22:48 EST Hyatt Place Celebrates 200 Locations and Momentum Continues with Development Worldwide http://www.hotelnewsresource.com/article79357Hyatt_Place_Celebrates_____Locations_and_Momentum_Continues_with_Development_Worldwide.html http://www.hotelnewsresource.com/article79357Hyatt_Place_Celebrates_____Locations_and_Momentum_Continues_with_Development_Worldwide.html More than 100 executed contracts for Hyatt Place hotels around the world across 21 countries, 15 of which are new markets for the brand Tue, 19 Aug 2014 12:16:10 EST Sheraton Centre Toronto Announces $90 Million Renovation http://www.hotelnewsresource.com/article79354Sheraton_Centre_Toronto_Announces_____Million_Renovation.html http://www.hotelnewsresource.com/article79354Sheraton_Centre_Toronto_Announces_____Million_Renovation.html The Sheraton Centre Toronto Hotel today announced a $90 million renovation of all 1,371 guest rooms and suites to debut in 2015. Tue, 19 Aug 2014 11:35:43 EST Best Western to Open Hotel in Shah Alam, Malaysia http://www.hotelnewsresource.com/article79342Best_Western_to_Open_Hotel_in_Shah_Alam__Malaysia.html http://www.hotelnewsresource.com/article79342Best_Western_to_Open_Hotel_in_Shah_Alam__Malaysia.html Best Western International will arrive in yet another fast-growing Malaysian city later this year, with the launch of its first hotel in Shah Alam. Mon, 18 Aug 2014 10:12:59 EST