China Lodging appoints new CEO: China Lodging Group Ltd. announced Tuesday that its founder and executive chairman Qi Ji will be appointed CEO.
Wyndham Phoenix becomes Marriott: The Wyndham Phoenix Hotel has rebranded into a Marriott Renaissance.
Read more at The Arizona Republic
LOLC buys Dickwella: LOLC has bought Dickwella Resort, located in Dickwella, Sri Lanka, for 1 billion rupees (US$8.8 million).
Read more at Lanka Business Online
US tourism up in 2011: The U.S. Office of Travel and Tourism Industries estimates that international tourists spent a record US$152 billion in 2011.
Read more at Los Angeles Times