Wyndham Vacation Rentals buys 3 businesses: Wyndham Vacation Rentals, part of Wyndham Worldwide, announced that it in three separate transactions acquired Oceana Resorts, Kaiser Realty and Cumbrian Cottages. The dollar amounts of the transactions are not being disclosed at this time. Wyndham said the initial plan is for these businesses to retain their existing branding within their markets while becoming part of the larger Wyndham Vacation Rentals network and the global umbrella brand.
Schulte buys Minnesota Sheraton for $14 million: Schulte Hospitality Group bought the 150-room Sheraton Woodbury, located in Woodbury, for US$14 million from Dougherty Funding.
Toledo Hilton drops flag: The 210-room Toledo Hilton Hotel has lost its affiliation with Hilton Worldwide and is reportedly in the process of being sold.
Meliá expands in Germany: Meliá Hotels International announced that it signed a lease agreement with Hugenholtz Property Group to open a 158-room Innside by Meliá hotel in Aachen.
Read more at Incentive Travel and Corporate Meetings
Macdonald Hotels back in black: Macdonald Hotels reported a profit before tax of £1.9 million (US$3 million) for the year ending March 29, 2012 after posting a £5.6 million (US$9 million) loss during previous time period.
Read more at Conference & Incentive Travel
BHG expands in Brazil: Brazil Hospitality Group signed to develop a Golden Tulip hotel in Natal.
Mohegan Sun to apply for Massachusetts casino-resort: The Mohegan Tribal Gaming Authority said it will submit a US$400,000 nonrefundable fee and application package to the state for a Mohegan Sun casino-resort to be located in Palmer.