TUI to launch new brand: TUI revealed in a recent earnings report that it plans to launch in the second half of this year a hotel brand that may consist of as many as 50 properties within five years.
Scandic to expand in Norway: Scandic Hotels will develop and operate the 300-room Scandic Flesland Airport, scheduled to open in 2017 in Bergen.
FibraHotel to develop hotel in Mexico: FibraHotel will develop the 45-room Fiesta Inn Suites Queretaro hotel, set to open in Q4 2014.
Hay Creek to expand in New York: Hay Creek Hotels signed a management deal for the 111-room Canandagua Finger Lakes Resort and Spa, set to open in 2015.
Hyatt authorizes share repurchase: Hyatt Hotels Corp. authorized the repurchase of an additional US$300 million of the company’s common stock.
Yotel New York launches loyalty program: Yotel New York is launching TheClub@Yotel, a loyalty program that will feature VIP access to networking events at the hotel.