Fattal in talks to buy German Holiday Inn portfolio: Fattal Hotel Management is reportedly in advance talks to buy 22 Holiday Inns in Germany for €300 million (US$400 million).
Oberoi appoints new president: Kapil Chopra as been appointed president, The Oberoi Group.
New book from Bill Marriott: Marriott International executive chairman J.W. “Bill” Marriott, Jr. has a new book out, “Without Reservations: How A Family Root Beer Stand Grew Into a Global Hotel Company.”
Read more at Marriott News Center
Amalfi Hotel Chicago sold: The 215-room Amalfi Hotel Chicago has been bought by a partnership composed of a private investment firm and affiliates of the Harp Group and Portfolio Hotels & Resorts.
Download this PDF from CBRE to read more
Cuba eases travel restrictions: On Monday Cuba eased travel restrictions on its citizens, who will no longer need an exit permit and letter of invitation from someone in another country to travel abroad.