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113. IHG Launches Windows 8 App
InterContinental Hotels Group’s Holiday Inn brand has launched a travel app for Windows 8, for a variety of PCs and tablet devices. The new app allows guests to find and book rooms at any Holiday Inn hotel, as well as at the more than 4,500 IHG hotels worldwide, including the InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Holiday Inn Express, Staybr
114. Shama opens Second Property in Shanghai
Shama opens Second Property in Shanghai. Owned by Morgan Stanley Real Estate and designed by renowned interior specialists Indigo Living, Shama Xujiahui is a modern residential complex of 219 contemporary and chic apartments ranging from 96 to 225 square metres and catering to all tenants, from singles to families, with studio to two-bedroom layouts available; prices vary from RMB
115. IHG Signs 54 Hotels in Europe
InterContinental Hotels Group has reported another successful period for hotel signings, adding a further 54 hotels to its European pipeline in the year from June 2010 to May 2011. The 7,874 rooms are spread across the UK, Germany, France, Italy, Spain, Portugal, Russia, Turkey, the Netherlands, and Switzerland.
116. Brack Capital Real Estate and IHG Acquire Property in New York
Brack Capital Real Estate (BCRE), in a joint venture with InterContinental Hotels Group, has completed the acquisition of 180 Orchard Street on the Lower East Side of Manhattan for approximately $46 million in an all-equity transaction. BCRE will own 51% of the shares in the joint venture while IHG will own the remaining 49%. IHG’s investment in the project will be up to $30 millio
117. STR Reports February 2014 Performance of Hotels in Americas
According to data compiled by STR and STR Global, the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during February 2014. Compared to February 2013, the Americas region reported a 3.2% increase in occupancy to 60.6%, a 3.1% increase in ADR to US$114.90 and a 6.5% increase in RevPAR to US$69.58.
118. STR Reports US Hotel Performance in February 2014
According to data from STR, the U.S. hotel industry reported positive results in the three key performance metrics during February 2014. Overall, the U.S. hotel industry’s occupancy was up 3.3% to 60.3%, ADR rose 3.9% to US$111.94, and RevPAR increased 7.3% to US$67.49.
119. Qatar Airways to Launch Djibouti Flights
Qatar Airways is to add Djibouti to its ever-growing list of destinations served direct from the airline’s Doha hub. Thrice-weekly non-stop flights will operate from Doha to Djibouti beginning from 27 July 2014. Bordered by Ethiopia, Eritrea and Somalia, Djibouti has an economy that is largely concentrated in the service sector and the country has limited international air services
120. Senior Appointments at Volga-Dnepr Group
Volga-Dnepr Group has made three new appointments to its management team in an aim to further the implementation of its ‘cargo supermarket’ development strategy, and synergy between its air cargo charter and schedule freighter services operated by Volga-Dnepr Airlines and AirBridgeCargo Airlines.

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