Starwood is rapidly expanding its presence in South America, announcing plans to open three new properties in Peru.
The Blackstone Group today completed its record $26 billion acquisition of the Hilton Hotels Corp. Hilton shareholders last month overwhelming approved the deal, which gives them $47.50 per share, or 40 percent more than their stock was worth the day before the acquisition was announced July 3.
Building on a year of global growth, Wyndham Hotels and Resorts announced a three-pronged strategy to expand, improve guest satisfaction and build revenue through a new marketing plan targeting Generation X consumers.
AMResorts plans to double its Dreams Resorts & Spas portfolio over the next three years with the addition of seven new resorts in Mexico and the Dominican Republic.
During the upcoming holiday season, Fairmont Hotels & Resorts in Bermuda (Fairmont Hamilton Princess and the Fairmont Southampton) are offering special getaways. The Fairmont Hamilton Princess has the Suite Thanksgiving Package, which includes a three-night stay in a Fairmont Gold Suite and Thanksgiving dinner for two at Harley’s Restaurant.
The Villa Group said it remains on track for a summer 2008 grand opening of its Villa La Estancia Beach Resort & Spa, located on Banderas Bay in Nuevo Vallarta.