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News in brief: Caesars IPO, Onyx, Supertel

Caesars IPO back on table:  Caesars Entertainment Corp. plans to raise US$50 million as it revives its plan to go public.

Read more from The Wall Street Journal

 


Cerberus, Chatham to sell 11 hotels:  Cerberus Capital Management and Chatham Lodging Trust have hired CBRE Group Inc. to sell 11 hotels from the Innkeepers USA Trust portfolio they bought last month.

Read more at Bloomberg Businessweek

 


Onyx launches 2 new spa brands:  Onyx Hospitality Group has launched Breeze spa for its Amari hotels and resorts and Maai spa at the soon-to-be-opened Oriental Residence Bangkok.

Read more at eTravel Blackboard

 


Supertel stock sells for $20 million:  Supertel Hospitality Inc. has entered into a purchase agreement of two million of its shares by IRSA Inversiones y Representaciones Sociedad Anónima for US$30 million.

Read more at MarketWatch

 


Rezidor expands in Greece:  The Rezidor Hotel Group announced on Thursday that it will rebrand an Athens hotel as Radisson Blu Hotel, Athens in December.

Read more at MarketWatch

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