Mama Shelter partly acquired by Accor
Accor has acquired approximately a 35% stake in the eclectic boutique brand Mama Shelter, which currently includes properties in France in Paris, Marseille, Lyon and Bordeaux as well as Istanbul (pictured). Financial terms of the deal were not disclosed.
The St. Regis Hotel, Rome sold
As part of its ongoing asset-light strategy, Starwood Hotels & Resorts Worldwide announced it has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for €110 million (approximately US$150.7 million). Starwood will continue to operate the hotel under the St. Regis brand flag as part of a new long-term management agreement.
Hot new hotels: Grace Panama
Grace Hotels announced the official opening of its hotel in Panama City, Grace Panama. Occupying the ground floor and six upper floors of the new, yet already iconic, 'Twist Tower' in the Obarrio District, Grace Panama is a contemporary urban boutique hotel which promises a stylish new addition to the city's hotel landscape.
Lucy Liu is a fan of Mandarin Oriental Hotels
Award-winning actress, producer and director Lucy Liu has joined Mandarin Oriental Hotel Group as a celebrity fan for a multimillion-dollar global advertising campaign, “He’s a Fan/She’s a Fan.”
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