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News in brief: TownePlace Suites, InterContinental, Shangri-La

New leadership for TownePlace Suites:  Marriott International’s TownePlace Suites extended-stay brand is getting a new management team.

Read more at the Marriott News Center

 


NZ InterContinental sold to Colwall:  The 5-star InterContinental Hotel in Wellington, New Zealand was bought by a Chinese investment company for US$41 million (NZ$50 million).

Read more at The National Business Review

 


Shangri-La expands in China:  Shangri-La Asia Ltd announced that it signed an agreement to open a new 460-room hotel in Changsha, China in 2015.

Read more at EIN News

 


Miami hotel sells:  The budget 243-room Continental Bayside Hotel in downtown Miami sold on Monday for US$13.5 million.

Read more at the Miami Herald

 


Resorts World Manila plans 4 hotels:  Resorts World Manila announced that is plans to add four hotels to the property by 2015.

Read more at ABS-CBN News

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