Chatham buys in SoCal. Pacifica Hotels has sold the Hilton Garden Inn Marina del Rey, California, to Chatham Lodging Trust for US$44.5 million. The Irvine, California-based developer acquired the property in 2006 as the Marina International Hotel and in June 2013 re-launched the 134-room property.
Google update. Google has announced changes to Hotel Ads on Google: broader availability for the Google Hotel Ads Commission program, an expansion of the Book on Google feature to more partners, and the inclusion of more amenity information within Google search. With these changes, it is retiring the dedicated site for Hotel Finder this week, as users are now able to access the hotel information they need right from Google search.
Beautiful music. New York-based developer HM Ventures Group 6 LLC, in conjunction with Ash NYC, has received a US$3.5 million loan from an arm of the Michigan Economic Development Corp. to help develop the old Wurlitzer Building in downtown Detroit into a US$22 million boutique hotel. Abandon since 1982, by 2017 the building used to make pianos and organs is expected to be turned into a 14-story hotel with a view into Comerica Park.
Mövenpick in Africa. French company Bouygues and Swiss group Movenpick Hotels & Resorts will team up with Ivory Coast-based firm Saprim to invest US$61.56 million on a hotel in Ivory Coast’s commercial capital, Abidjan. Work on the hotel will begin in the next six months and is expected to be ready by the end of 2018.