Centara president retires: Gerd Steeb, president of Centara Hotels & Resorts, will retire from the company on February 23 after almost 22 years of service.
Ascend debuts in Central America: The Ascend Collection membership program from Choice Hotels International makes it debut in Central America with a new member hotel in the capital city of San José, Costa Rica.
Al Habtoor to buy Hungarian hotel: Al Habtoor Group revealed to the press that it plans to buy an undisclosed 5-star hotel in Budapest, Hungary.
al-Fehaid investing in Turkey: Bander bin Fahd al-Fehaid, the chairman of the Arab Tourism Organization, plans to invest US$300 million increasing the Turkish portfolio of his My Tuana hotels.
Read more at Hurriyet Daily News