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News in brief: Civitas, Subrata Roy, StepStone

Civitas developing 4 hotels in Texas:  Civitas Alternative Investments is developing four Fairfield Inn & Suites by Marriott hotels in the Eagle Ford Shale area of South Texas, totaling 352 guestrooms.

Read more at MarketWatch

 


Subrata Roy granted more time for sale:  Subrata Roy, the jailed Sahara India Pariwar chairman, received a 15-day extension from India’s Supreme Court to sell London’s 494-room Grosvenor Hotel, A JW Marriott Hotel and New York City’s 282-room, 152-unit The Plaza.

Read more at Reuters

 


StepStone expands in Tennessee:  StepStone Hospitality assumed management of the 337-room The DoubleTree by Hilton Hotel Downtown Nashville.

 


Ye’s buys North Carolina hotel:  Ye’s Hotels bought the 119-room Country Inn & Suites By Carlson, Charlotte – I-85 Airport from Ra’s Hotels for an undisclosed sum.

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