Delta hotel in Montreal to close: Delta Hotels and Resorts announced that InnVest REIT, owner of the 711-room Delta Centre-Ville, plans to close the property in October and cease hotel operations there.
Fabege to expand in Sweden: Fabege has signed a 20-year lease with The Winery Hotel, which is jointly owned by Star Management AB and HKC Hotels AB, for a hotel to be located in Solna.
North America’s group outlook improves: New data from TravelClick shows that for June 2013 to May 2014, overall committed occupancy is up 2.3% versus this time last year. ADR is up 3.4% based on reservations currently on the books.
Myanmar auctioning state-owned hotels: The government of Myanmar has reportedly been selling state-owned hotels it says are under-performing via public tenders.
Read more at the Myanmar Times
French hotel union attacks rate parity: UMIH alleges that Booking.com, Expedia and HRS are violating French and European competition law by enforcing rate parity.
Read more at The Daily Telegraph