by Alissa Ponchione | Jul 1, 2015 | News
A portfolio company of H.I.G. Capital, Lexmark Carpet Mills has completed the acquisition of Northwest Carpet—a manufacturer of solution-dyed broadloom carpeting for the hospitality industry since its inception by president Randy Coker in 1977.
“We are...
by Alissa Ponchione | Jun 30, 2015 | News
Hong-Kong based Shangri-La Hotels and Resorts has unveiled the Shangri-La Hotel, Hefei, in China. Situated between the Yangtze River and Chaohu Lake, the 27-story hotel is inspired by local Hui culture. While Chinese architect Wong & Tung conceived the property,...
by Alissa Ponchione | Jun 30, 2015 | News
Aman is planning to launch Amanera in the Dominican Republic, scheduled to open some time in the fourth quarter of 2015. Perched on a jungle clifftop overlooking Playa Grande beach, Amanera will become the first golf-integrated Aman property. “The launch of Amanera is...
by Alissa Ponchione | Jun 30, 2015 | News
FRHI Hotels & Resorts, in partnership with Nanjing Jin Gao Real Estate Development, is expanding its Swissôtel Hotels & Resorts brand with the development of the Swissôtel Jinan. With plans to debut in 2020, the 248-room property is a part of a...
by Alissa Ponchione | Jun 29, 2015 | News
Commune Hotels + Resorts has debuted the Cape, its first Thompson Hotels branded property in Cabo San Lucas, Mexico. Owned in partnership with Vertex Real Estate Investors and Pentz & Partners, the six-story hotel blends the brand’s signature urban aesthetic with...