BBC hotel spend up
UK broadcaster the BBC spent close to GBP29m in the last three years on hotels. Spending was up 32% in the last year, with sporting events such as the World Cup and Commonwealth Games blamed, reports the London Telegraph.
Trump back in Dubai
Developer Donald Trump is restarting plans to build in Dubai. A golf course and 104 villas bearing the developer’s brand are under way, being built by partner Damac, reports Bloomberg.
Galaxy bets on growth
Macau entertainment operator Galaxy has increased earnings 38% off the back of strong gambling revenues. Galaxy is expanding fast, and will add 1,300 rooms in JW Marriott and Ritz-Carlton hotels by mid 2015, reports Bloomberg.
Indian openings for Carlson Rezidor
Carlson Rezidor has signed two new Country Inn & Suites hotels to its Indian pipeline. A 70 room property in Aligarh Uttar Pradesh and 80 room hotel in Chandigarh will open in the first half of 2017.
NH stake on the block
Investor Grupo Hesperia is to sell EUR145m of shares in Spanish hotel group NH. The tranche represents 8% of its current 20% holding in the embattled group, reports Reuters.