InterContinental Hotels Group (IHG) signed a 20-hotel franchise agreement with the British investment group Zinnia Hotels Properties Holdings.
Hacienda Petac, a private estate outside Merida, Mexico is offering a customizable wedding package designed for small groups offering the hacienda and its five bedrooms and a full staff of 23 that handles all details of a wedding of up to 25 people.
A recently released report by PKF Hospitality Research on the Caribbean hotel industry finds that Caribbean resort hotels and comparable U.S. properties are equally profitable, but for dramatically different reasons. Both achieve a profit margin of roughly 20.0 percent.
El Dorado Spa Resorts & Hotels by Karisma, on Mexico’s Riviera Maya, introduced the infinity pool casita suites, signifying the launch of El Dorado Casitas Royale, the new hotel-within-a-hotel at El Dorado Royale, A Spa Resort.
Star Island, a private-island destination currently under development in the Out Islands of the Bahamas, will open in late 2009 with a mix of high-luxury and high- sustainability.
Mandarin Oriental Hotel Group will manage a resort and branded Residences at Mandarin Oriental currently under development in the enclave of Marbella, which will open in 2010. The group has now announced two hotels in Spain, and has a total portfolio of nine properties open or under development in Europe and North Africa.