Hotels, Motels & Cruise Lines
BHG SA Brazil Hospitality Group:Says on Oct. 17 it signed memorandum of understanding for the administration of a hotel, Tulip Inn Joao Pessoa, in Joao Pessoa, Paraiba state, Brazil.Hotel to start operations in 2017.Says to be first investment in Paraiba state.
Hotel Properties Ltd announces incorporation of indirect subsidiary company and joint venture with Anchorage View Pte. Ltd.
Hotel Properties Ltd:Announces that its wholly owned subsidiary, HPL Properties (West) Pte. Ltd. has set up a wholly owned subsidiary, HPL (Paddington) Pte. Ltd. (HPL Paddington) in Singapore.Says the initial issued and paid-up share capital of HPL Paddington is S$2.00 and its principal activity is an investment holding company.Announces that HPL Paddington and Anchorage View Pte Ltd (AVPL) have formed a joint venture (the Joint Venture) to purchase a freehold property located at 31 London Street, Paddington, London W2, England (the Property).Says the joint venture company, Great Western Enterprises Limited (the JVC), was incorporated in Jersey for the purposes of undertaking the Joint Venture.Says the JVC has also incorporated a wholly-owned subsidiary, Great Western Developments Limited (GWD).JVC will be owned by as to 70 pct by HPL Paddington and 30 pct by AVPL respectively.Says the joint venture partners have entered into a sale and purchase agreement with Royal Mail Group Limited (the Vendor) for GWD to purchase the Property from the Vendor for a consideration of 111 million pound.
Societe Fonciere Lyonnaise SA:Announces opening of Indigo hotel from Intercontinental Hotels Group in France in Carre Edouard VII site in Paris.
Mulpha International Bhd:Says Mulpha Education Group Pty Ltd, wholly-owned subsidiary of Mulpha Australia Limited, which in turn is wholly-owned subsidiary of MIB, had on Oct. 3 incorporates limited company known as iLead Training Pty Ltd (ITPL).The incorporation of ITPL was notified on Oct. 8.As result of the incorporation, ITPL has become an indirect wholly-owned subsidiary of Mulpha International Bhd (MIB).ITPL was set up to be registered training organisation.
Banyan Tree Holdings Ltd:Incorporates the following company as part of its ongoing business development.Name of subsidiary is Banyan Tree Management (S) Pte. Ltd. (BTM).Says principal activity is hotel management.BTM is 100 pct held by BTH’s wholly-owned subsidiary, Banyan Tree Services Pte. Ltd.
Says a Hyatt affiliate has entered into management agreement with an affiliate of Boutique Group of Companies for Hyatt Place hotel in Phuket, Thailand:Expected to open in 2016, Hyatt Place Phuket, Patong will mark the first Hyatt Place hotel in Phuket, Thailand.
Hyatt Hotels Corp:Says a Hyatt affiliate has entered into management services agreement with 5 Star Empreendimentos Imobiliários Ltda for Park Hyatt hotel in Foz do Iguaçu, Brazil.Park Hyatt Foz do Iguaçu will become first Park Hyatt hotel in Brazil and is expected to open in 2017.
Starwood Hotels & Resorts Worldwide Inc plans to open four resorts on Hainan Island in next five years
Starwood Hotels & Resorts Worldwide Inc:Says agreement with Hainan Jianfeng Tourism Development Co., Ltd. to debut China's first W Retreat and the second St. Regis resort on Hainan Island.Scheduled to open in 2019 and 2020, respectively, W Retreat & Spa Sanya - Haitang Bay and The St. Regis Sanya Haitang Bay Resort will both be located at the North Wing of Haitang Bay, one of most exclusive and sought-after addresses in the area.
Hyatt Hotels Corp:Says opening of Hyatt Regency Sochi, third Hyatt-branded hotel in Russia.198-room hotel offers panoramic city and sea views and will cater to business and leisure guests.