IHG completes acquisition: IHG has completed the acquisition of Kimpton Hotels & Restaurants. The purchase price was US$430 million. Kimpton also named Mike DeFrino CEO of Kimpton, succeeding Mike Depatie.
Hyatt Place sells in Texas: Newcrestimage has purchased Hyatt Place Dallas/Plano and Hyatt Place San Antonio-Northwest/Medical Center.
Radisson enters Dominican Republic: Radisson has signed a hotel in Santo Domingo, Dominican Republic. The 190-room hotel will include a restaurant, bar, business center and fitness center.
Dunton rebrands: Colorado’s Dunton Hot Springs and Dunton River Camp will rebrand under the new Dunton Life umbrella.
Read more at Dunton Life’s website
Mayfair Hotel management: Gemstone Hotels & Resorts has assumed management of The Mayfair Hotel in Los Angeles.