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LaSalle buys three hotels for $292.5m

LaSalle buys three hotels for $292.5m
Front of House

Money raised partly from sale of the Seaview Resort

 •   Indian hotel shares rise after RIL's Oberoi buy
 •   Gateway to develop hotel in Kolhapur
 •   Reliance snaps up 14% stake in Oberoi Hotels


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Indian hotel shares rise after RIL's Oberoi buy

Indian hotel shares rise after RIL's Oberoi buy
Front of House

Biggest gainers include Asian Hotels, Sterling, Royal Orchid and Kamat
 
Reliance snaps up 14% stake in Oberoi Hotels

Reliance snaps up 14% stake in Oberoi Hotels
Front of House

But Oberoi chairman says no change in control or management
 
Gateway to develop hotel in Kolhapur

Gateway to develop hotel in Kolhapur
Front of House

The new deal takes overall portfolio to 37 hotels
 
Jaypee Greens launches ATLANTIS

Jaypee Greens launches ATLANTIS
Front of House

Sprawling over 15 acres Atlantis is a sports getaway destination
 
Four Points by Sheraton tops 150 hotels

Four Points by Sheraton tops 150 hotels
Front of House

Four points has opened new hotels in Ontario and a few cities in China
 
Westin opens two new spas

Westin opens two new spas
Front of House

Siray Bay in Phuket and Savannah Harbor Spa in Georgia are now open
 
Starwood launches Aloft in India

Starwood launches Aloft in India
Front of House
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Aloft hotel brand debuted in 2008 and now has 40 locations worldwide
 
EIH to spend INR1.5 billion on expansion

EIH to spend INR1.5 billion on expansion
Front of House

EIH is looking for management control of existing and upcoming hotels
 
Accor to sell 48 hotels across Europe

Accor to sell 48 hotels across Europe
Front of House

Sale consists of 31 hotels in France, 10 in Belgium and 7 in Germany
 




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