Swissotel expands in China: Swissotel Hotels & Resorts entered into a management agreement with Hengli Management Co. for the 400-room Swissotel Hangzhou, expected to open in 2018.
Rosewood to expand in Bangkok: Rosewood Hotels & Resorts signed a management agreement with Rende for the 146-room Rosewood Bangkok, scheduled to open in 2017.
Read more at Travel Daily Asia
NYC’s MAve hotel sold: MAve Investors LLC bought the 72-room The MAve, located in Manhattan’s NoMad district, from creditors Westport Capital, Express Trade Capital and Madison Capital for US$28.5 million.
Hotel Indigo to expand in Illinois: Developer Marquette Cos. signed a management agreement with IHG to open the 160-room Hotel Indigo Naperville on the Riverwalk.
Lausanne, PolyU launching exchange program: The School of Hotel and Tourism Management of The Hong Kong Polytechnic University and Ecole hôtelière de Lausanne are launching a student exchange program.
Northwood buys London West Hollywood: Northwood Investors confirmed its purchase of the 200-room The London West Hollywood, located in West Hollywood, California.
Read more at The Sacramento Bee
NYC’s Plaza suing bike rack owner: New York City’s 282-room The Plaza is suing the municipal government and Citigroup for installing a bicycle rack in front of the hotel’s entrance, calling it an “eyesore.”