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97. Hilton to Sell Morgan Stanley Real Estate 10 Hotels in Continental Europe
Hilton to Sell Morgan Stanley Real Estate 10 Hotels in Continental Europe. Hilton Hotels has signed an agreement to sell up to 10 hotels (approx. 3,330 rooms) to a fund managed by Morgan Stanley Real Estate for approximately €566 million (or approximately US$770 million). Assuming completion of the sale of all 10 hotels, net proceeds after property level debt repayment (approx. €41
98. Worldhotels Partners China World Hotels
Worldhotels has partnered China World Hotels to develop over 75 Worldhotel branded hotels in China within the next 10 years. China World Hotels is one of China’s leaders in the field of hotel management services having been involved in the planning, development and operation of more than 160 hotels in China.
99. Millennium and Copthorne Hotels enters India with Joint Venture
Millennium and Copthorne Hotels enters India with Joint Venture. Millennium and Copthorne Hotels is partnering with Rakindo Developers Pvt. Ltd., to develop hospitality projects in India, marking M&C hotels' first foray into India. Under this non-exclusive agreement, a joint venture company, M&C Rakindo Hospitality, will develop two hotels in Chennai and Bangalore. The JV partners
100. Partners Swiss Quality Hotels International has signed a partnership agreement with Swiss Quality Hotels International to sell the Zurich-based group's portfolio of hotels. Swiss Quality Hotels offer a wide range of hotels in some of the most renowned destinations in 44 cities around Switzerland, Germany, Austria and Italy.
101. Marriott Signs Five Hotels in Japan
Marriott has signed five hotels in Japan. The agreements for five Mori Trust hotels will see Marriott International double the footprint of its flagship Marriott Hotels brand in Japan, and will increase its Japanese presence by one-third as the company reaches its 20th property, upon completion of the rebranding of all hotels.
102. Red Planets Hotels Partners SiteMinder
Eight months after receiving a multi-million dollar investment to accelerate its expansion programme throughout Asia, Red Planet Hotels has partnered SiteMinder. Red Planet currently owns and operates 24 hotels in Thailand, Indonesia, Philippines and Japan, and has plans to open four more hotels this year and a further eight hotels before the end of 2018.
103. Starwood Opens Two Hotels in Shanghai
Starwood Opens Two Hotels in Shanghai. Starwood Hotels & Resorts opened 2 new hotels in Shanghai - the Sheraton Shanghai Hotel & Residences and Four Points by Sheraton Shanghai, Daning - on 28th March 2007, an auspicious “double prosperity” (in Mandarin language) day in the Chinese calendar. In addition to the opening of the two hotels in Shanghai, Starwood also opened its first Sh
104. Summit Expands Portfolio in Japan with Two New Hotels
The Kyoto Tokyu Hotel and Nagoya Tokyu Hotel have been added to the Asia Pacific portfolio of Summit Hotels & Resorts in Japan. These two hotels will join the flagship of Tokyu Hotels - The Capitol Tokyu Hotel in Tokyo, which had joined Preferred Hotel Group in 2010 as a member of Preferred Hotels & Resorts.

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