News in brief: Clearview, Paramount, Orchid

Clearview buys California hotel:  Clearview Hotel Capital bought the 156-room Embassy Suites Valencia Hotel, located in Valencia, for US$19.6 million from Cerberus Capital Management.

Read more at the Los Angeles Times


Paramount expands in Florida:  Paramount Hospitality Management has been selected to manage a recently closed 652-room hotel in Orlando, which will reopen in the fall as Avanti Resort.


Orchid buys Jerusalem hotel:  Orchid Hotel Management acquired 74% of the 231-room Ma’ale Hachamisha Hotel.

Read more at Globes


Dubai buys, reflags Monarch Dubai:  A Dubai government entity bought out The Monarch Dubai from Refad Hotels and Resorts and ended Refad’s management of the hotel. The hotel has been reflagged as The H Hotel Dubai and a third-party management agreement is expected to be announced by the end of June.

Read more at Hotelier Middle East


Rotana to expand in Iraq:  Rotana Hotels said it plans to open three more hotels in Iraq’s northern Kurdistan region.

Read more at MEED