Mission Valley Doubletree sold: The Doubletree San Diego-Hotel Circle in Mission Valley was sold to Oak Coast Properties for US$49 million.
Hotel Okura adds Hotel Shiroyama Kagoshima: Hotel Okura Co. signed a sales partnership agreement with Shiroyama Kanko Co. to add Hotel Shiroyama Kagoshima to its portfolio.
AMResorts expands in Mexico: AMResorts announced the expansion of Breathless Resorts & Spas in Mexico with the signing of Breathless Cabo San Lucas Resort & Spa. The resort is scheduled to open in November.
Vantage Hospitality to introduce Value brands in India: Vantage Hospitality Group entered into an exclusive agreement with Miraya Hotel Management to introduce the Value Inn Worldwide and Value Hotel Worldwide brands to India.
Memphis hotels sold: American Realty Capital Hospitality Trust purchased Hyatt Place Memphis Wolfchase for US$15.3 million, The Hampton Inn for US$13.9 million and Homewood Suites for US$10.5 million. The seller was Whitehall Real Estate Funds.
Read more at the Memphis Business Journal