InterContinental Hotels Group has agreed to sell an 80 percent stake in the InterContinental New York Barclay Hotel to an affiliate of Constellation Hotels Holding for $240 million. Under the deal, the 685-room hotel will also undergo $175 million in renovations beginning in 2014. IHG will continue to operate the property as part of a new 30-year management contract and will retain a 20 percent stake in the hotel. Read the HotelsMag.com story here.
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CCR 2026 ISSUE 9 | Beauty by Design: How Rigzin Dolma balances brand standards and customer expectations at Waxing the City •
CCR 2026 ISSUE 9 | Beauty by Design: How Rigzin Dolma balances brand standards and customer expectations at Waxing the City •
