News in brief: Plaza penthouse, Ascott, Hoshino Resort Co.

Plaza penthouse on the market: A London-based developer is putting his penthouse in New York City’s Plaza Hotel on the market for US$59 million.

Read more at the Wall Street Journal


Ascott to manage Philippines another property: CapitaLand’s wholly owned serviced residence business unit, The Ascott Ltd., will manage a 150-unit serviced residence in Alabang slated to open in 2017.

Read more at Singapore Business Review


Hoshino Resort Co. to open Bali hotel: The 30-room Hoshinoya Bali is expected to open in 2014.

Read more at the Japan Times


MJS to manage Historic Mayfair Hotel: MJS Hotels will manage the 1920’s era downtown Los Angeles hotel, which will undergo a substantial renovation as part of an overall repositioning strategy.


First Hospitality Group to manage Hyatt Place: The Rosemont, Illinois-based company will manage a new 145-room Hyatt Place hotel being developed by YG Financial Group PC scheduled to open in spring 2014.