Hotel News

Indian Hotels acquired a 51% stake in Brij Hospitality for RS 193 crore, gaining the Brij brand's portfolio of 22 hotels with 11 in pipeline.

IHG bringing the Vignette Collection to India isn’t just about adding another brand name to its portfolio. It’s a sign that India is no longer only about mid-market hotels doing the heavy lifting. There’s now enough demand, confidence and spending power for luxury hotels to co-exist with them.

Barclays and Morgan Stanley both named Hyatt as their most favored lodging stock, while Morgan Stanley downgraded Hilton Grand Vacations. Plus, more hotel deal and development news.

For years people have wondered whether Airbnb's business is doomed as it faces increased regulation around the world. Airbnb has an answer to getting shut out in that manner — hotels, hotels, hotels.

Hilton has announced Apartment Collection by Hilton, with initial properties in the U.S. launched in partnership with Placemakr. Plus, more hotel deal and development news.

Moral of the story: companies don’t have to own hotels to run them well anymore.

IHG aims to have over 400 hotels operating or in development in India within five years, up from 51 operational and 80 in-pipeline now.

Hilton’s new brand is a long-delayed acknowledgment that a certain type of traveler wants the space of a residential apartment along with the consistency, on-site staff, and loyalty points of a hotel.

Hotel Equities will manage 13 TAJ Hospitality hotels in Lubbock, Texas, expanding its Texas portfolio to 29 properties across the state. Plus, more hotel deal and development news.

Better late than never: Soho House has secured $200 million in alternative financing after an earlier effort failed. It aims to close its go-private deal by January 31.