Osmond to bid 6 billion pounds to buy Six Continents

Article Abstract:

Hugh Osmond, a British entrepreneur, is making an acquisition bid for Six Continents PLC. Osmond has offered to acquire the hotel company for approximately 6 billion pounds (8.78 billion euros) in cash and shares.

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Bhutan to build luxury hotels

Article Abstract:

Amanresorts and Hotel Properties of Singapore are negotiating to build luxury hotels in Bhutan. The country expects luxury hotel investments to be more than $6 million (6.6 million euros).

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Latin America lures Spain's hotels

Article Abstract:

Hotel chains in Spain are expressing interest in building hotels in the Latin American region. The chains are being attracted by the region's sunny climate and sandy beaches.

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