• Issue 938

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.

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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.

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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.

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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.

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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.

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