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Wyndham Brand Reports Large and Active Construction Pipeline
Wyndham Hotel Group today said 35 Wyndham(R) Hotels and Resorts and Wingate(R) by Wyndham hotels representing 5,668 rooms currently are under construction worldwide. There are an additional 122 hotels representing nearly 17,000 rooms in the Wyndham and Wingate development pipeline, bringing the total number of Wyndham branded hotels open and in the pipeline to 395.
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Delta, Northwest Stockholders Approve Merger to Create Premier Global Airline
Delta Air Lines and Northwest Airlines today announced that their respective stockholders have overwhelmingly approved the pending merger between the two companies. Delta stockholders approved the issuance of 1.25 shares of Delta common stock for each outstanding share of Northwest stock to be distributed upon closing of the merger, expected later this year. The proposal was approved by approximately 99 percent of the votes cast by Delta stockholders. More than 98 percent of the votes cast by Northwest stockholders were voted in favor of the merger.
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Desires Hotels Announces New Project on NYC's Lower East Side
Manhattan's Ludlow Street to be Home to New Boutique Hotel
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InterContinental Hotels & Resorts Expands Throughout U.S. And Americas Region
Recent new development pipeline additions include InterContinental New York Times Square and InterContinental Atlanta Midtown
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Davidson Hotel Company Begins Management of the Scottsdale Cottonwoods Resort and Suites in Arizona
Continues Aggressive Third-Party Management Growth Plan
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Morgans Hotel Group Announces Amended Agreement for Echelon Project in Las Vegas
Morgans Hotel Group Co. (NASDAQ: MHGC) announced that it has entered into an amended agreement with Boyd Gaming Corporation (NYSE: BYD) with regard to the companies' joint venture to develop a Mondrian and Delano within Boyd's existing Echelon development in Las Vegas.
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Opening In 2010, Element Omaha Midtown Crossing Starwood's First Omaha Property
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced an agreement with Mutual of Omaha to open an Element hotel at Midtown Crossing at Turner Park. Element Omaha Midtown Crossing is scheduled to open in late 2010 as part of an exciting, new mixed-use development.
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Hyatt's First Andaz in the U.S. to open January 2009
Hyatt Hotels & Resorts has announced the January 2009 launch of its second property under its new brand, Andaz. - Andaz West Hollywood
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IHG and The Family of Orange Lake Resorts Announce Strategic Alliance to Create a New Timeshare Brand, Holiday Inn Club Vacations
Holiday Inn Club Vacations will launch in December 2008 with Orange Lake's flagship 2,412 villa property in Orlando, Florida. This marks IHG's first move into the timeshare market, one of the fastest growing segments of the U.S. holiday and vacation industry.
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IHG Announces Signing of Second InterContinental Hotel in Greater Buenos Aires
Set to open in early 2011, the property will be located on the Bahia Grande in Nordelta, a mixed-use master plan community in Greater Buenos Aires with residences, restaurants, shops and a world-class golf course. The hotel will be owned by Complejo Bahia, S.A. and will be managed by IHG's Americas division, The Hotel Management Group, under a long-term management contract.
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Colliers Launches Global Real Estate News Forum
The site will be a single source for up to the minute news from Colliers International around the world and is the first website of its kind to be developed by a global commercial real estate services provider.
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New Upscale Cambria Suites Hotel Planned for Fort Worth
First Female Developer for Cambria Suites Brand Marks a Total of Six New All-Suites Hotels Planned for Texas
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Manzanillo Resort In Mexico For Sale
Excellent Branding Opportunity in Manzanillo, Mexico. This is a former timeshare resort with 32 units/villas that easily can be expanded and converted.
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Jumeirah to Manage Luxury Resort in The US Virgin Islands
Jumeirah Group Appointed by Timbers Resorts to Manage the Jumeirah Botany Bay Resort on St. Thomas Island
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IHG Brings Hotel Indigo Brand to Central America
First Property Expected to Open in 2009 in San Jose, Costa Rica
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Mubadala Acquires 50% Stake in Kor
Los Angeles, California-based Kor Hotel Group and Mubadala Development Company (Mubadala), a business development and investment company headquartered in Abu Dhabi, United Arab Emirates, announce the formation of a strategic partnership through Mubadala's acquisition of fifty-percent of Kor Hotel Group. The agreement will focus on aggressive global expansion of The Tides and Viceroy brands in key gateway cities and top resort destinations.
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