Strategic Hotels & Resorts News

Blackstone Group to sell Strategic Hotels for $6.5bn
Blackstone Group LP has agreed to sell Strategic Hotels & Resorts to Anbang Insurance Group of China. According to Bloomburg Business, the deal will be valued at $6.5 billion and comes just three months after Blackstone purchased the US luxury-resort company.

InterContinental: $30 million investment positions flagship hotel for Miami
With Miami’s emergence as an international hub for business and leisure travel in full swing, the InterContinental Miami is rolling out $30 million in upgrades that will transform the guest experience and breathe new life into one of the Magic City’s most recognized hotels.

MICROS eCommerce announces the launch of Strategic Hotels & Resorts
MICROS eCommerce, a subsidiary of MICROS Systems, a leading interactive marketing company for hospitality and travel, is pleased to announce that Strategic Hotels & Resorts has retained MICROS eCommerce to develop and launch a series of tablet specific websites later this summer.