Ownership

Interstate Adds NYC Comfort Inn

NEW YORK—Interstate Hotels & Resorts signed an agreement to manage the Comfort Inn Manhattan Bridge here. The hotel, owned by…

Extended-Stay RevPAR Up 10.3%

ATLANTA—Extended-stay hotel RevPAR increased 10.3 percent in fourth-quarter 2010 compared to the same period in 2009, according to The Highland…

Hilton Expands UAE Portfolio

SHARJAH, UAE—Hilton Worldwide signed a management agreement with the Bin Otaiba Investment Group for a Hilton Hotels & Resorts property…

Clearwater Joins Richfield Hospitality

DENVER—Richfield Hospitality has hired Thomas Clearwater as senior vice president of sales. He will head all property-level sales for the…

Summit Prices IPO

SIOUX FALLS, SD—Summit Hotel Properties, Inc. priced its initial public offering of 26 million shares of common stock at a…

Boomerang Opens Alabama GuestHouse

LUVERNE, AL—Boomerang Hotels opened the GuestHouse International Inn & Suites here, a conversion of the Best Western Rutledge Inn. The Rutledge GuestHouse…

Ocean Rock To Open Resort In Bulgaria

KAVARNA, BULGARIA—Management company Ocean Rock Hotel Group will open the Thracian Cliffs Golf Resort & Spa here April 1.  The resort,…