Richfield adds 4 properties: Richfield Hospitality announced on Thursday that it signed management deals for four hotels in Pennsylvania, Texas and Florida.
Posadas may sell stake: The Wall Street Journal reported on Wednesday that Mexican hotel company Grupo Posadas may sell a stake in the company.
Read more at The Wall Street Journal
Priceline offering flash sales: Priceline.com Inc unveiled a new daily flash sales offer for hotel and rental reservations.
Asia Pac arrivals up: New data from the Pacific Asia Travel Association shows that international visitor arrivals to the Asia Pacific region in July 2011 increased 7% year-on-year.
Read more at Pacific Asia Travel Association
2 Aussie Hiltons sold: Two Hilton branded hotels in Australia were purchased for US$155 million by Singapore investment company Quilington Pte Ltd.