Hilton expands in Qatar: Hilton Worldwide signed a deal with a subsidiary of Al Faisal Holding Co. to open two new DoubleTree by Hilton-branded hotels in Doha in 2014.
Rezidor expands in Georgia: The Rezidor Hotel Group announced on Tuesday that it will open the Radisson Blu Resort, Tsinandali in 2014.
ITC ‘to expand’ in Sri Lanka: ITC Hotels is reportedly set to open a hotel in Colombo after buying land there and the property could join Starwood Hotels & Resorts Worldwide’s The Luxury Collection.
Read more at Financial Express
Anantara expands in Indonesia: Anantara Vacation Club has added the 18-villa Anantara Vacation Club Bali, Seminyak to its portfolio.
Cerberus reportedly seeking big loan: Cerberus Capital Management LP is reportedly seeking a US$1.8 billion loan as part of a debt deal for six of its resorts, five of which are in Hawaii.
Read more at Bloomberg Businessweek