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Showing posts from February 19, 2014

IHG profits hit by taxes

Along with its 2013 and Q4 earnings report, IHG announced the sale of the 383-room InterContinental San Francisco Mark Hopkins to a joint venture between affiliates of Woodridge Capital Partners and funds managed by Oaktree Capital Management L.P. for US$120 million gross cash proceeds.

Crowne Plaza Reveals Finalists for ‘Dressed to Rest’ Design Contest

Crowne Plaza today revealed the finalists shortlisted for the final round of its 'Dressed to Rest' Design Contest, taking place across four markets in Asia and the Middle East. Ten design students each from India, Japan, Singapore and the UAE will now have three weeks to produce their designs ahead of the grand finals in mid-March. One winner will be selected from the 10 finalists in each country and revealed on 14 March, which is also World Sleep Day.