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The partners will now proceed with plans to renovate the 480-room hotel. The property was purchased from a subsidiary of Accor Business and Leisure Management LLC, who will continue to operate the hotel under a long-term management agreement under the Novotel flag.

Mardi Gras revelers who want to take part in the holiday parades in New Orleans but haven't yet booked a hotel room can still find a place to stay ... but it will cost them.

Fitness Ridge Worldwide, the parent entity of The Biggest Loser Resort, today announced that it will open its third destination resort location this spring in Western New York. The Biggest Loser Resort – Niagara will open in May, 2012 in Java, NY and will offer the same award-winning, results-oriented program that guests have come to expect and enjoy at the company’s other two locations in Malibu, California and Ivins, Utah.

MJS Hotels announced that a property-wide renovation of Nautical Beachfront Resort’s 139 lakefront rooms and suites is underway with completion anticipated early in May. The rooms renovation is the second of three anticipated phases that will transform the historic resort.

Formerly managed by Starwood Hotels & Resorts under the Le Meridien flag, the 214-room hotel will re-open on March 1, 2012 as part of the Sandos collection, featuring new culinary offerings and all-inclusive programming.

Grace Bay Resorts announces the appointment of John Vasatka as the New General Manager at The Veranda Resort Turks and Caicos.

The historic Bear Mountain Inn at Bear Mountain State Park, which had been closed for renovations for over six years, will reopen its lodging facilities to the public on February 18, 2012.

Officials today announced the timing and theme, as well as a host of key speakers for the 24th Hunter Hotel Investment Conference, one of the four major national annual hotel investment conferences. The event will be held March 18-20 at the Atlanta Marriott Marquis in Atlanta, Georgia.

Strand Development Co., LLC announced plans to expand further into the Midwest and to the West Coast within the next three to five years.

Imperial Palace, Palace Hotel Tokyo has announced plans to open May 17 following a JPY 90 billion (US $1.2 billion) investment in the mixed-used development.