News in brief: King & Grove, Room Key, US renovations

King & Grove buys NYC hotel:  King & Grove bought the 64-room Hotel Williamsburg, located in New York City’s Brooklyn borough, for US$33 million.

Read more at MarketWatch


Worldhotels joins Room Key:  Worldhotels announced on Thursday that it joined Worldhotels.

Read more with this Worldhotels press release PDF


US hotel renovations double:  New figures from Lodging Econometrics show that the number of U.S. hotel renovations has doubled year-on-year.

Read more at Reuters