Hotel Partnership News

Caribbean’s Largest Hotelier Partners with EarthCheck

Caribbean’s Largest Hotelier Partners with EarthCheck

30th Mar 2010 Press Release Hotel News

“Sandals Resorts International (SRI), parent company of Sandals Resorts, Beaches Resorts, Grand Pineapple Beach Resorts and The Royal Plantation Collection, recently unveiled an exclusive partnership with EarthCheck, the world’s largest certifier of sustainable travel and tourism operators.

Absolute signs First Eastin Hotel in India; Another Two Imminent

Absolute signs First Eastin Hotel in India; Another Two Imminent

29th Mar 2010 Press Release Hotel News

Absolute KBJ Hotel Services India has signed an hotel management contract with the Sun Group - a premium real estate developer based in Mumbai to develop - to launch and manage the Eastin Sun Hotel which will be the first Eastin branded hotel to add in the company’s portfolio for India.

Parc 55 Hotel San Francisco Will Join the Wyndham System

Parc 55 Hotel San Francisco Will Join the Wyndham System

25th Mar 2010 Press Release Hotel News

Wyndham Demonstrating its resurgent strength in major center-city markets, Wyndham Hotels and Resorts today announced that the 1,011-room Parc 55 Hotel San Francisco, located near Union Square in the heart of San Francisco’s shopping, dinner and theater districts, will be branded as a Wyndham® hotel in late April.

The Ritz-Carlton Destination Club and Annika Sorenstam Announce New Partnership

The Ritz-Carlton Destination Club and Annika Sorenstam Announce New Partnership

25th Mar 2010 Press Release Hotel News

The Ritz-Carlton Destination Club, an equity-based, luxury destination club, and Hall of Fame golfer, Annika Sorenstam, have entered a new partnership where Annika will serve as an ambassador for the brand. For the benefit of Club Members, this partnership presents the opportunity for elite experiences that mirror Annika’s passions and growing lifestyle brand.

Hotel Alden Acquired by Northwood Investors

Hotel Alden Acquired by Northwood Investors

24th Mar 2010 Press Release Hotel News

Hotel Alden in downtown Houston has been acquired by Northwood Investors, a privately-held investment advisor with $1.25 billion of equity to invest in real estate. Hotel Alden will be managed by a subsidiary of Northwood Investors.

Chesapeake Lodging Trust Acquires Hyatt Regency Boston

Chesapeake Lodging Trust Acquires Hyatt Regency Boston

22nd Mar 2010 Press Release Hotel News

Chesapeake Lodging Trust, a lodging real estate investment trust, and Hyatt Hotels Corporation announced that Chesapeake Lodging Trust has acquired the 498-room Hyatt Regency Boston for a purchase price of $112 million, or approximately $225,000 per key, and will invest additional capital in renovations in the hotel, which is located in Boston, Mass. The companies have entered into a long-term management agreement and Hyatt will continue to operate the hotel under the Hyatt Regency flag.