News in brief: Marriott, IHG, Hostmark

Marriott completes New York Edition sale: Marriott International has completed the previously contracted sale of the New York Edition hotel for net cash proceeds of approximately US$343 million. The transaction is the last in a series of three sales of Marriott-owned Edition hotels. The combined proceeds total approximately US$816 million.

Read more at Marriott’s website


IHG launches Business Rewards: IHG launched Business Rewards, a new global business program from IHG’s Rewards Club that offers rewards on all qualified business bookings including guestrooms, meetings and all events.

Read more at IHG’s website


Hostmark adds two properties: Hostmark Hospitality Group has assumed management for the Holiday Inn Hotel & Suites in La Crosse, Wisconsin, and the Radisson Hotel Atlanta Northwest in Marietta, Georgia.

Read more at Hostmark’s website