North America
Aimbridge Acquires 71 Terrapin Management Contracts
Aimbridge Hospitality has acquired the management arm of Terrapin Hospitality , with 71 hotels located in 21 states. This aggregates to over 8,100 keys transitioning to Aimbridge management.
B.Riley lowered their price target on Ashford Inc. to $14 from $18, they maintained their Neutral rating on the stock.
IHG Hotels & Resorts announced the opening of a new Holiday Inn Express & Suites Hotel in Glendale, California .