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InterContinental Hotels Group celebrates opening of its 5,000th hotel

InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has today unveiled the Hotel Indigo® Lower East Side New York as its 5,000th hotel globally.

Marriott opens its largest hotel in Europe in Madrid, Spain

Marriott Hotels welcomed Madrid Marriott Auditorium Hotel & Conference Center to its portfolio in November 2015, conveniently located for Madrid-Barajas Airport, the hotel is the third Marriott Hotel in Spain and is the flagship brand’s largest hotel in Europe.

Alila to open six new hotels in Asia

Alila, the contemporary luxury brand under Commune Hotels & Resorts, has unveiled plans to expand its portfolio of hotels in Asia with the following six new properties in 2016.

China’s tourism industry contributes 10% to GDP in 2015

Chinese travelers made 4.12 billion trips on domestic or outbound travel in 2015, equivalent to the entire population making nearly three trips each during the year.

India’s Samhi Hotels gets Rs440 crore from Goldman Sachs

Goldman Sachs Group Inc. has invested Rs.440 crore for a significant minority stake in Indian hotel investment and development firm Samhi Hotels, the companies said in a statement on Tuesday.