• Issue 1059

IHG adds German pipeline

 

IHG has agreed its seventh multiple development agreement in Germany, with existing local owner partner Sierra Hotel Management. A 115 room Holiday Inn Express in Karlsruhe will be the first new property under the agreement, due to open in mid 2016.

 

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HK listing for Dalian

 

Chinese hotel and shopping mall developer Dalian Wanda is planning a USD6bn IPO on the Hong Kong market. The fundraising for the group’s commercial property division could take place early next year, reports Bloomberg. 

 

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Taj quits Morocco

 

Indian Hotels Company has pulled its Taj brand from a hotel in Marrakesh it has managed since 2012. The dispute with owner JK Hotels appears to centre over the completion of the property, reports the Business Standard. 

 

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Starwood links up Apple Watch

 

Starwood will set up the new Apple Watch to open hotel room doors. The app was one of a number of innovations promised at the gadget’s launch, reports the Business Post. 

 

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Mandarin signs for Dubai

 

Mandarin Oriental has announced plans to open a luxury urban resort in Dubai. The 200 room property on Jumeirah Beach will open in 2017.

 

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