Trio for Aberdeen
Marriott is planning a Moxy hotel in Aberdeen, joining two other hotels in development on the city’s ABZ business park. The 200 room hotel will be developed close to a Holiday Inn and Holiday Inn Express planned for the park, adjacent to Aberdeen airport.
Steigenberger extends in Frankfurt
Steigenberger has agreed a 15 year extension to its lease on the InterCityHotel at Frankfurt airport. The deal includes a planned 400 room extension to the 360 room hotel, which will be open in line with the airport’s new third terminal.
IHG share boost
Shareholders in InterContinental Hotels Group could be line for a USD300m payday later this year, analysts suggest. Investment bank Bryan, Garnier has upgraded the company’s stock, reports The Independent.
Logis get makeover
The Logis de France accommodation brand is having a makeover. Established as Europe’s leading independent hotels brand, the renamed Logis Hotels is now expanding from France into Belgium and Germany, reports the Telegraph.
Greenland heads for Qinghai
China’s Greenland Group has revealed plans for a USD1.1bn entertainment complex in Qinghai, western China. A five star hotel, convention space and housing will be included, reports Reuters.