Scotland hotel market impressing: A new study from PKF International shows that Scotland is outperforming the rest of the U.K. in occupancy, with Edinburgh hotels having an average occupancy of 92% in June.
New Sheraton in Turkey: Starwood Hotels & Resorts announced on Wednesday that it signed an agreement with Serka Turizm A.S. to open a new-build Sheraton hotel in Adana, Turkey.
New Mondrian hotel in London: An office building along the River Thames being renovated into a hotel will be operated by Morgans Hotel Group under its Mondrian brand, the first Mondrian in the U.K.
Pulitzer seeks partner: Mac Pulitzer, the great-grandson of Joseph Pulitzer, is seeking an equity partner to build a US$11 million, 40-room Pulitzer Hotel in coastal Fairhope, Alabama.
New York hotel owner bankrupt: Madison 92nd Street Associates, the owner of the Courtyard New York Manhattan/Upper East Side Hotel filed for bankruptcy to avoid a foreclosure sale.
New hotel in Manhattan: The Buccini/Pollin Group and The Albanese Organization acquired a US$20 million plot of real estate in New York City to build a new 300-room hotel.
Read more at CityBiz Real Estate