News in brief: Steigenberger, Fairmont, Embassy Suites

Steigenberger expands in Berlin:  Steigenberger Hotels and Resorts announced on Tuesday that it will manage a new-build hotel in central Berlin.

Read more at Incentive Travel


Fairmont expands in China:  Fairmont Hotels & Resorts announced on Wednesday that it will manage a new-build hotel in Chengdu, China, to open in 2014.

Read more at eTravelBlackboard


Embassy Suites expands in US:  Hilton Worldwide announced that Embassy Suites will manage a 165-room new-build hotel in Richland, Washington, scheduled to open in 2013.

Read more at the Hilton Worldwide Global Media Center


Financing secured for El Encanto:  Sonnenblick-Eichner Co. announced on Tuesday that it has arranged US$45 million for the construction of El Encanto Hotel in Santa Barbara, California, for Orient-Express Hotels.

Read more at MarketWire


Starr Pass resort defaults:  Starr Pass Resort Developments has defaulted on a US$145 million loan for the JW Marriott Starr Pass Resort & Spa.

Read more at the Arizona Daily Star


Mast buys Hotel Monticello:  Mast Capital closed the purchase of Hotel Monticello, located in Washington, D.C., on Wednesday. The hotel will be managed by Hersha Hospitality Management.

Read more at MarketWatch


Abrahamson to be CEO:  Jim Abrahamson will become CEO of Interstate Hotels & Resorts on December 1. His appointment to the position was previously announced.

Read more at MarketWatch