Laurus buys hotel in California: Laurus Corp. bought the 474-room Marriott Warner Center, located in Woodland Hills, for an undisclosed sum from an undisclosed buyer. Laurus plans to invest US$10 million renovating the property’s public areas, guestrooms and amenities.
Marshall to manage NYC hotel: Marshall Hotels & Resorts signed an agreement with 10-12 MLane LLC to manage the 190-room Hotel Indigo Manhattan Financial District, set to open in 2016.
Radisson Blu to expand in Poland: Carlson Rezidor Hotel Group signed an agreement with Zdrojowa Invest to open the 340-room Radisson Blu Resort, Swinoujscie and the 158-room Radisson Blu Hotel & Residences Zakopane in Q4 2016.
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Yaas to expand in Senegal: Mangalis Hotel Group signed an agreement with Smart Hotels to open the 89-room Yaas Hotel Almadies Dakar in mid-2015.
Belmond officially changes name: Belmond’s executive team rang the closing bell at the New York Stock Exchange on Monday after the company changed its name from Orient-Express Hotels.
Element to expand in upstate New York: Starwood Hotels & Resorts Worldwide singed an agreement with COR Development Co. to open the 123-room Element Syracuse Inner Harbor.