US hospitality company Hyatt Hotels has opened a new Grand Hyatt hotel in Xi’an in the Chinese province of Shaanxi to continue its brand expansion in Northwest part of the country. The new Grand Hyatt hotel in Xi’an is located inside the Xi’an High-Tech Industries Development Zone, which houses over 200 Fortune 500 companies, while […]
Hotel acquisition news : US-based global private investment company Starwood Capital Group has agreed to acquire Sofitel Budapest Chain Bridge Hotel, a luxury hotel in Budapest, Hungary from hotel operator Orbis Hotel Group for €75 million. The Sofitel Budapest Chain Bridge Hotel is an eight-storied five star hotel located near the River Danube, Hungarian Parliament […]
Hotel industry news : Midtown Athletic Clubs has announced the opening of a new 55-room boutique hotel in Chicago named as The Hotel at Midtown, marking its foray into the hospitality sector. The new Chicago hotel is located between Bucktown, Lincoln Park and Logan Square neighborhoods, and is the final element of the $85 million […]