Bristol deal takes off
Chinese investor CIMC Modular Building Systems has agreed a GBP15m deal to develop a 200 room hotel at Bristol airport. The hotel is likely to be run under the Hampton by Hilton flag following a fast track construction programme.
Qhotels adds De Vere
Qhotels is to run six former De Vere golf and luxury lodge properties. The additional hotels will be managed alongside the existing Qhotels portfolio of 21 hotels.
Starwood sells in Sydney
Starwood has sold its Sheraton on the Park in Sydney in a AUD463m deal that will see it retain management. Buyer of the 557 room property is Chinese investor Sunshine Insurance Group.
IHG has signed to open a Crowne Plaza in Medellin, Colombia. The 199 room new build is scheduled to open in 2018.
Snoozebox strikes oil
Temporary accommodation provider Snoozebox has signed a deal with Premier Oil to provide a hotel for staff. The 80 room unit will operate for one year from February 2014.