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News in brief: IHG, Temple, Great Wolf

IHG to add 4 hotels in UK:  Cairn Hotel Group signed an agreement with IHG to rebrand the 75-room Royal British Hotel, located in Edinburgh as a Hotel Indigo, the 120-room Station Hotel, located in Aberdeen, Scotland, and the 145-room Bellhouse in Beaconsfield, England, as Crowne Plazas, and the 62-room Chasley Hotel Wakefield, located in Wakefield, England, as a Holiday Inn Express.

Read more at BBC News

 


Great Wolf to expand in Massachusetts:  Great Wolf Resorts entered into an agreement to buy the 80-room Holiday Inn Fitchburg – Waterpark to convert into an indoor waterpark resort.

Read more at Sentinel and Enterprise

 


Colorado Crowne Plaza bought, to be rebranded:  A company headed by John Bushman bought the 486-room Crowne Plaza Colorado Springs for US$14 million which will be rebranded under Bushman’s MCM Hotels brand.

Read more at The Gazette

 


Temple buys Alberta hotel:  Temple Hotels announced that it bought the 90-room Holiday Inn Express Hotel & Suites – Sherwood Park for C$15.15 million (US$14.64 million).

Read more at Digital Journal

 


CNL putting 7 resort villages on market:  CNL Lifestyle Co. announced that it will list seven of its ski resort villages, adding however that it is not committed to selling them.

Read more at The Denver Post

 


Fastighets AB Balder buys hotel in Sweden:  Fastighets AB Balder bought the 265-room Radisson Blu Riverside Hotel, Gothenburg, for 420 million kronor (US$62 million).

 


Americas RevPAR up most in April:  New data from STR Global shows that in April, the Americas region reported a 3.5% increase in occupancy to 63.8%, a 3.4% rise in ADR to US$112.31 and a 7% growth in RevPAR to US$71.67.

The Asia Pacific region’s occupancy ended the month with a 0.5% decrease to 68.6%, its ADR dropped 2.3% to US$127.20 and its RevPAR was down 2.8% to US$87.22.

Middle East/Africa reported a 3.4% increase in occupancy to 65.7%, a 0.7% increase in ADR to US$171.29 and a 4% increase in RevPAR to US$112.46.

Europe has seen virtually no growth in 2013 with RevPAR increases of only 0.8% year-to-date in April.

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