Shiva Hotels has bought the Kingsway Hall Hotel in central London, from Cola Holdings. Shiva plans to extend and refurbish the property ahead of a rebranding.
Airline Icelandair has signed to open a new luxury hotel in central Reykjavik. The new build property will have 70 rooms and is due to open in early 2016.
US authorities are reviewing Hilton’s deal to sell the Waldorf Astoria hotel to Chinese buyer Anbang Insurance. The US government has long used parts of the hotel, and fears the new ownership might compromise security, reports the Wall Street Journal.
Mantra’s Brisbane dash
Australian hotelier Mantra has announced its fiftieth hotel in Queensland, rebranding a 143 room aparthotel in Brisbane. The group now offers more than 8,000 rooms in the state across its Peppers, Mantra and BreakFree flags.