News in brief: Mövenpick, London Olympics, Ameristar

Mövenpick expands in Philippines:  Mövenpick Hotels & Resorts signed a management agreement with United International Hotels Group to manage Huma Island, a private island resort in the Philippines.

Read more at Mövenpick Hotels & Resorts


London Olympics ADR doubles:  New data from shows that ADR at London hotels for the 2014 Olympics is £213 (US$334), a full 102% higher than during the same period last year.

Read more at London24


Ameristar buys developer:  Ameristar Casinos announced on Wednesday that it bought Mojito Pointe casino-resort developer Creative Casinos of Lousiana.

Read more at the Las Vegas Sun


Prince joins Utell:  Prince Hotels and Resorts will now have full-service representation with Utell Hotels & Resorts under the UI chain code.

Read more at Asia Travel Tips


Singapore supply to increase 20%:  According to a report by CBRE, the supply of hotel rooms in Singapore is predicted to increase by 20% by 2016.

Read more at Today


Chatham announces dividend:  Chatham Lodging Trust announced a common share dividend of US$0.175 for the 2012 first quarter.

Read more at MarketWatch