Today announced the debut of The Westin Abu Dhabi Golf Resort & Spa. Owned by the Tourism Development & Investment Company – the leading developer of cultural, residential and tourism destinations in Abu Dhabi – The Westin Abu Dhabi Golf Resort & Spa marks the launch of the Westin brand in the emirate. The hotel features 172 premium guest rooms, several restaurants and lounges, a Heavenly Spa® by Westin and state-of-the-art meeting facilities.
Capital Management LP and Chatham Lodgning Trust reached a tentative settlement with Innkeepers USA Trust over claims that it breached an agreement to buy the hotel company.
It appears that under a new agreement Cerberus and Chatham Lodging Trust have cut a new deal which gets them a lower price than previously reported.
On August 29th Hospitality Business News reported that Innkeepers USA was suing Cerberus and Chatham Lodging Trust for breach of commitment.
Over the last two years, CBRE Hotels have brought to market and sold 11 Hilton hotels in the UK for RBS.
The recent sale of the Hilton Glasgow to the Topland Group marks the end of the disposal process. The 319 bedroom Hilton Glasgow sold for £35.7m.
In total, CBRE Hotels have sold 2,144 Hilton bedrooms in the UK for RBS over a two year period
The Hilton Glasgow was part of the RBS portfolio that CBRE Hotels were exclusively appointed to sell. In addition, CBRE Hotels advised RBS on the sale of the largest ever single asset hotel...
Hotwire.com, a leading discount travel site, today announced the results of the July 2011 Hotwire® Canadian Hotel Rate Report, which features the top five cities in Canada where hotel rates have dropped the most. When combined with Hotwire's already discounted prices, the Hotel Rate Report helps guide customers to the destinations that can maximize their travel dollars.
As leisure travel traffic increases for the summer months, many popular vacation destinations in Canada are dropping rates to offset the strength of the Canadian dollar. The exchange rate effect has been forcing hotels in several larger markets to offer...