News in brief: Holiday Inn Express, Travelodge, Gramercy Park Hotel

Holiday Inn Express continues expansion in Thailand: The brand announced a new-build hotel that will be developed in partnership with owner Kebsup Group Co. Ltd. in Phuket along Patong Beach. Holiday Inn Express Phuket Patong Beach Central is expected to open by early 2013.


Travelodge plans major European expansion:
The budget hotel chain wants 100 hotels in Spain long term and may also target Germany, the Netherlands, Scandinavia and Italy.

Read more at Reuters.

Gramercy Park Hotel joins Design Hotels: The Manhattan landmark is now part of the network of more than 200 independent hotels in more than 40 countries worldwide.

Read more at Design Hotels’ website. 


Hotel Equities adds management of two Virginia properties:
The Atlanta-based company acquired the hotel management contract for the 71-room Hampton Inn and the 64-room Sleep Inn in Stony Creek, about 30 minutes south of Richmond.

GVM Hotel Partners acquires five TownePlace Suites by Marriott:
The Dallas-based firm paid US$30 million for the hotels, which are located in Texas and Alabama.

Read more at MarketWatch.