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News in brief: Grace, Oetker, MB Holding

Grace expands in San Francisco:  The San Francisco Chronicle reported on Tuesday that the Singapore-based hotel group Grace International has bought Huntington Hotel for approximately US$54 million.

Read more at The San Francisco Chronicle

 


Palais Namaskar joins Oetker:  The Palais Namaskar hotel near Marrakech, Morocco, has joined the Oetker Collection. The hotel is set to open in 2012.

Read more at Asia Travel Tips

 


MB Holding to expand into hospitality:  Omani oil company MB Holding announced on Tuesday that it will diversify into the hospitality industry and invest 100 million Omani rial (US$258 million) in hotels in Oman.

Read more at the Muscat Daily

 


Tune expands in London:  On Monday Tune Hotels signed its second hotel property in London, and is offering 1,000 room nights for only 2 pence to celebrate the opening.

Read more at Asia Travel Tips

 


8Hotels expands in Sydney:  Lifestyle hotel company 8Hotels announced on Monday that it signed a management contract for a 30-room hotel in Sydney, expanding the company’s total properties to 15.

Read more at Hotel News Resource

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