Bayswater interest sold: Singapore-based Lum Chang Holdings Limited sold the Pembridge Palace Hotel investment in Bayswater, London, to an overseas investor for £30 million (US$36.5 million). The buyer was not named.
Hyatt Centric in Fort Lauderdale: Kolter Hospitality, a division of The Kolter Group, plans a Hyatt Centric hotel in Fort Lauderdale, Florida, in the first 15 floors of a new 46-story building downtown. Opening is scheduled for 2020.
Wanda in Istanbul: Wanda Hotel Management signed its first Wanda Vista hotel in Istanbul.
Rubber roof on St. Andrews: The Old Course Hotel Golf Resort and Spa in St. Andrews, Scotland, plans to install a rubber roof as protection against errant golf balls. The hotel sits next to the tough par-4 17th Road Hole on the Old Course.
Radisson Blu in India: Carlson Rezidor says it plans to open eight more hotels under the Radisson Blu flag by the end of 2020. There are currently 34 in the country.
Read the story in India’s Economic Times