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News in brief: Fibra, Garrison, Park Hyatt

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).

Read more at BusinessWire

 


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.

Read more at REJournals.com

 


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.

Read more at Hyatt’s website

 


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.

Read more at Yahoo Finance

 


Safari Group to develop 3 hotels in New Zealand:  Safari Groups plans to develop three Ramada-branded hotels in Christchurch, Queenstown and Rotorua.

Read more at Interest.co.nz

 


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

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