News in brief: Edwardian, Mövenpick, Strand

Edwardian buys London site:  Edwardian Group bought property in London’s Leicester Square for £100 million (US$158 million) for a multi-use redevelopment that will include a 245-room hotel

Read more at The Telegraph


Mövenpick to enter Paris:  Mövenpick Hotels & Resorts announced on Tuesday that signed a management agreement on its first hotel in Paris, Courtyard by Marriott Paris Neuilly. When Mövenpick takes over in January 2013, it will mark the company’s 100th hotel under management.

Read more at PR Web


Strand to expand:  Strand Development Co. announced plans to expand further into the U.S. Midwest and to the West Coast within the next three to five years.

Read more at MarketWatch


Zambia project announced:  Developer Jihad Farhat is planning a US$55 million multi-use project in Lusaka, Zambia that will include two hotels.

Read more at UK Zambians


Supertel nets $30 million:  Supertel Hospitality Inc. shareholders approved a US$30 million investment into the company by Real Estate Strategies.


2 lodges covert to Holiday Inn:  Oregon resorts The Lodge at Eagle Crest and The Lodge at Running Y Ranch have converted to the Holiday Inn Resort brand.

Read more at KTVZ