Westmont, Mount Kellett buy hotel in England: Westmont Hospitality Group and Mount Kellett Capital Management jointly purchased the 158-room The Lowry, located in Manchester, from Rocco Forte Hotels for an estimated £40 million (US$65 million).
Read more at Manchester Evening News
Chetrit buys New York City hotel: Joseph Chetrit has agreed to pay US$190 million to purchase the 600-room Hotel Carter, located in Times Square. Chetrit has not revealed his plans for the budget property.
Read more at The Wall Street Journal
Expedia releases new tablet app: Expedia released a new tablet app for iOS and Android that features a single search box, combined hotel and flight travel search, collections and integrated trip planning, booking and data shared across devices.