News in brief: McSam, Leading Hotels of the World, HNA

McSam sells NYC site for hotel:  McSam Hotel Group has sold a vacant lot at 50 Trinity Place in New York City for US$15 million. A hotel will be built on the site.

Read more at Real Estate Weekly


Leading Hotels of the World sales up in 2011:  The Leading Hotels of the World, Ltd. reported a 13% year-on-year increase in sales in 2011 to US$614 million.

Read more at Luxury Travel Magazine


Cassa Hotel purchase price revealed:  Assa Properties revealed on Thursday that it sold the Cassa Hotel and Residences, located in New York City, to HNA Group for US$130 million.


Summit expands in Alabama:  Summit Hotels Properties bought 130-room Hilton Garden Inn, located Birmingham, Alabama for US$11.9 million.

Read more at EON


Consumers to travel more:  A annual report from Travelocity shows that 53% of consumers plan to travel more in 2012 than, an 18% year-on-year increase.

Read more at MarketWatch


RCI launches website:  Vacation exchange company RCI announced on Friday the launch of website