Indian Hotels Co. exiting Morocco hotel: The Indian Hotels Co. is exiting its management contract with JK Hotels with the 161-room Taj Palace Marrakech.
Mandarin Oriental to expand in United Arab Emirates: Mandarin Oriental Hotel Group signed a management agreement with Dubai Real Estate Corp. to open the 200-room Mandarin Oriental, Dubai, in 2017.
Read more at Mandarin Oriental’s website
IHG to enter Ethiopia: IHG signed a management agreement with Tsemex Hotels and Business to open the 210-room Crowne Plaza Addis Ababa, which is under development.
LaSalle to sell Rhode Island hotel: LaSalle Hotel Properties signed a contract to sell the 209-room Hotel Viking, located in Newport, to an undisclosed buyer for US$77 million.
Holiday Inn Express to expand in Germany: IHG signed an agreement with Sierra Hotel Management to open the 115-room Holiday Inn Express Karlsruhe – City Park in mid-2016.
Summit buys Houston hotel: Summit Hotel Properties bought the 190-room Hilton Garden Inn Houston Energy Corridor for US$36 million and entered into an agreement with American Liberty Hospitality to manage the property.
McCarthy joins HDP: Hotel Development Partners appointed Robert McCarthy as the firm’s chairman.
Interval expands in Brazil: Interval International entered into a club affiliation agreement with Plaza Hotéis.