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News in brief: Sandos, Marriott, African Sun

Sandos expands in Cancun:  Sandos Hotels & Resorts announced that it has taken over management and reflagged a Le Meridien hotel in Cancun, Mexico. The 214-room resort is now Sandos Cancun Luxury Experience Resort.

Read more at MarketWatch

 


Marriott expands in Washington:  A Courtyard Marriott and TownePlace Suites by Marriott are planned to open in Lakewood, Washington in 2013.

Read more at Lakewood Patch

 


Marriott expands in Tennessee:  The Holiday Inn Memphis East hotel was recently acquired by Noble Investment Group, who will reflag it as the Memphis Marriott East.

Read more at MarketWatch

 


Africa Sun to rebrand, refurbish:  Africa Sun is planning a US$10 million refurbishment of its Zimbabwe hotels and will reflag two of its Holiday Inn-branded properties there.

Read more at Bloomberg

 


Chesapeake to issue dividend:  Chesapeake Lodging Trust declared a dividend payment of US$0.22 per share, representing a 5% annual yield.

Read more at Sun Herald

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