Fibra Inn buys 5 hotels in Mexico: Fibra Inn bought six hotels in Mexico, totaling 667 guestrooms and branded under Casa Grande and Wyndham Worldwide’s Microtel Inn & Suites by Wyndham brands for 431 million pesos (US$32.9 million).
Garrison buys 10 hotels from CSM: Garrison Investment Group bought 10 hotels, including TownePlace Suites and SpringHill Suites-branded properties in Minneapolis and Detroit, from CSM Lodging. CSM Lodging will continue to manage the properties.
Park Hyatt to enter Brazil: Hyatt Hotels Corp. signed an agreement with 5 Star Empreendimentos Imobiliários to open the 170-room Park Hyatt Foz do Iguaçu in 2017.
New World rebrands: New World Hotels has rebranded as New World Hotels & Resorts.
Marshall expands in New Jersey: Marshall Hotels & Resorts signed management agreements for four hotels, including the 225-room Sheraton Mahwah, the 138-room Wayne Fairbridge Suites, which will be rebranded as Wayne Ramada Fairfield Area, the 42-room Madison Ave. Beach Club and the 35-room Jetty Motel.
Safari Group to develop 3 hotels in New Zealand: Safari Groups plans to develop three Ramada-branded hotels in Christchurch, Queenstown and Rotorua.
Swissôtel to expand in Ecuador: Swissôtel Hotels & Resorts signed a franchise agreement to open the 300-room Swissôtel Guayaquil in 2017.
Read more at Breaking Travel News