Yacht Slip at Ocean Reef Sells for Record $4 Million

A megayacht slip has sold for a record $4 million at Key Largo’s prestigious Ocean Reef Club, announced Russell Post, President of Russell Post Sotheby’s International Realty who represented both parties during the transaction. The $4 million slip, located on the T-Dock, can accommodate yachts up to 165 feet in length. The previous record sale at Ocean Reef for a similar size dock was $2 million. “In spite of the economy, the demand for megayacht... 

139-Room Holiday Inn Express Quito Will Be the First IHG Hotel to Open in Ecuador

IHG, the world’s largest hotel group by number of rooms, today announced that the new 12-story Holiday Inn Express Quito in Ecuador has recently opened. This new property, IHG’s first hotel in Ecuador, further demonstrates the company’s commitment to expanding the Holiday Inn Express brand throughout key cities in Latin America, as it is the 14th Holiday Inn Express located in Central and South America. “We are thrilled to be opening the...