China's Homeinns to Merge with BTG Hotels
Chinese economy hotel chain Homeinns has entered a definitive agreement to merge with BTG Hotels Group for $17.90 in cash per ordinary share of the company and $35.80 in cash per American despository share.

Sandals Resorts in Talks to Open New Properties in Mexico
Chairman Gordon Stewart said final negotiations were underway to construct two new resorts in Mexico.

Milan Hotels Report Record-Breaking Performance
Hotels in Milan, Italy saw a sizable increase in revenue per available room from May through October compared to the same period in 2014, according to STR Global analysis.

Casa Kimberly Opens in Puerto Vallarta
The boutique hotel, which opened Dec. 1, is inspired by the love nest created by Elizabeth Taylor and Richard Burton there years ago.