Japanese REITs merge: Nippon Hotel Fund Investment Corp. and Japan Hotel & Resorts Inc. are merging in a US$224 million deal.
Ascend membership up: Choice Hotels International Inc. announced on Wednesday that membership in its Ascend Collection increased 35% in 2011.
TripAdvisor spun off: Expedia Inc. spun off TripAdvisor as a publicly held company on Wednesday.
Read more at The Financial Times
Israeli ADR to tank: The chairwoman of the Israel Hotel Managers Association said ADR at Israeli hotels could be down 16% year-on-year this winter.
Doral auction set: A U.S. bankruptcy court has set the auction of Doral Golf Resort & Spa for February 27 with a Donald Trump-controlled company set as the staking-horse bidder.
Read more at the South Florida Business Journal
Windsor joins Preferred: Windsor Court Hotel, located in New Orleans, has joined Preferred Hotels & Resorts.