Starwood Expands Latin American Portfolio

Starwood Hotels and Resorts Worldwide, Inc. aims to have 100 Latin American hotels under operation and development by the end of this year. Covering four brands across five countries, the company expects to open seven more hotels with a total of 1,300 rooms in 2013....

HVS Reports Lower European Hotel Transactions Volume

The latest 2012 European Hotel Transactions report notes that total hotel transaction volume remains below the 10-year average of $12.4 billion since 2002. Involving some 101 transactions with 301 hotels and more than 39,000 rooms, 2012 total volume was positively...