Hotels, Motels & Cruise Lines
Melia Hotels International SA:Expects to close transaction with Starwood Capital in Q1.Expects to sell assets of around 100 million euros in 2015.Expects to sell GM Puerto Rico in 2015.Says upcoming opening number will be 70 hotels in 3 years.
Hotel Properties Ltd:Says a subsidiary, HPL Properties West Pte Ltd has subscribed for two ordinary shares comprising 100 pct in the equity of HPL (Southbank) Pte Ltd, a company newly incorporated in Singapore.The initial issued and paid-up share capital of HPL Southbank is S$2.00 and its principal activity is an investment holding company.
Shanghai Jin Jiang International Hotels Development to establish new subsidiary and fully acquire stake in GDL
Shanghai Jin Jiang International Hotels Development Co Ltd:To establish a oversea wholly owned subsidiary in Luxembourg, to acquire 100 pct stake in GDL, from Star SDL Investment Co S.àr.l.Transaction price valued at 1,250 mln euros to 1,500 mln euros.
BHG SA Brazil Hospitality Group:Says on Jan. 5 it signed memorandum of understanding for the administration of three Soft Inn hotels: two in Sao Paulo state and one in Rio de Janeiro state.Soft Inn hotels to start operations in 2017.
BHG SA Brazil Hospitality Group:Says on Dec. 19 it signed memorandum of understanding for the administration of 15 hotel units of Soft Inn Rio Business hotel in Rio de Janeiro, Brazil.Soft Inn Rio Business hotel to start operations in 2016.
FUJITA KANKO INC:To establish a wholly owned subsidiary based in Osaka, Japan on Jan. 30, 2015.New subsidiary to be engaged in wedding and restaurant businesses.New subsidiary to be capitalized at 10 million yen.
Hoteles City Express SAB de CV:Announces opening of four hotels.City Express Plus Monterrey Nuevo Sur opens on Dec. 18 with 138 rooms.City Express Matamoros opens on Dec. 22 with 113 rooms.City Express Salamanca opens on Dec. 23 with 119 rooms.City Express Junior Villahermosa opens on Dec. 28 with 136 rooms.All four hotels are wholly owned by the company.With these openings company reaches a portfolio of 96 hotels.
BHG SA Brazil Hospitality Group:Says on Dec. 10 it signed memorandum of understanding for the administration of Tulip Inn Macae and Soft Inn Macae hotels in Rio de Janeiro state, Brazil.Tulip Inn Macae hotel to start operations in 2017.Soft Inn Macae hotel to start operations in 2018.
OUE Ltd:Says a subsidiary, OUE Baytown Pte. Ltd. has incorporated a wholly-owned subsidiary in the British Virgin Islands, OUE Lippo Ltd on Dec. 9.OUE lippo shall be an investment holding company.
Hotel Grand Central Ltd:Company has incorporated wholly owned subsidiary in Singapore known as Chancellor @ Orchard Pte. Ltd. with paid up capital of $2.00.The formation of said subsidiary will not have any effect on the consolidated net tangible assets per share and consolidated earnings per share of company for current FY ending Dec. 31.