Indian Hotels Company Ltd (IHCL) has received approval from its shareholders for the sale of Hotel City Inn at Baramati in Maharashtra. The company's members approved the sale of Hotel City Inn through a postal ballot. The shareholders also approved creating a charge on the existing and future assets of the company to secure the company's borrowings not exceeding Rs 3,000 crore.
This week Marriott International, Inc. hosts grand openings for its first two hotels in Sweden -- the Courtyard Stockholm Kungsholmen and the Renaissance Malmo. Leading the festivities are Arne Sorenson, president and chief operations officer of Marriott International and Amy McPherson, president and managing director of Marriott International in Europe. In addition to VIP guests and hotel associates, US Ambassador to Sweden, Matthew Bazrun, will be on hand for today's grand opening in Stockholm.
Sofitel Luxury Hotels has recently signed a new management agreement in China for its future flagship in Shanghai, the Sofitel Shanghai Jing'an, scheduled to open in 2011. This address will be the third Sofitel in Shanghai, with a fourth one on the outskirts of the city in Sheshan, and is set to be one of the city's most luxurious hotels with an iconic building design.
Hilton Worldwide has announced the signing of two franchise agreements for Doubletree by Hilton in Warsaw and Lodz, Poland.
Customizable for hotel brands and compatible with all popular PBX systems AEI Communications Corp., a Silicon Valley developer of hospitality phones, will introduce its line of stylish analog and IP hospitality phones at HITEC 2010, June 21 – 24 in Orlando, Florida.