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News in brief: Royal Orchid, Citrus, Turnberry

Royal Orchid launches third-party management:  The Indian hospitality chain Royal Orchid Hotels announced on Monday that it is launching a third-party hotel management service for mid-market properties.

Read more at The Hindu Business Line

 


Turnberry Isle management changes:  Turnberry Associates, the developer of Turnberry Isle Hotel & Resort in Aventura, Florida, took over management from Fairmont Hotels over the weekend.

Read more at The Miami Herald

 


Citrus Hotels set to expand:  Mirah Hospitality brand Citrus Hotels & Resorts revealed on Friday that it expects to double its portfolio over the next two to three years by investing US$130 million.

Read more at The Economic Times

 


Holiday Inn Club Vacations expands:  Desert Club Resort in Las Vegas and Sunset Cove Resort in Marco Island, Florida, joined the Holiday Inn Club Vacations brand on Friday.

Read more at Pitch Engine

 


LaSalle announces share repurchase program:  LaSalle Hotel Properties announced on Monday that its board of trustees authorized a share repurchase program to acquire up to US$100 million of the company’s common stock.

Read more at Market Watch

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