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Reading Time: < 1 minuteUS: Lori Strasberg has been named senior vice president of marketing at Preferred Hotels & Resorts, effective immediately.
![[Credit: At The Chapel] Stay Original secures £3.5m for acquisition](https://boutiquehotelnews.com/wp-content/uploads/2022/08/Bedroom-2-At-the-Chapel-04-800x445.jpg)
Reading Time: 2 minutesUK: Cynergy Bank has completed a £3.5 million loan to Stay Original Company to fund the acquisition of a sixth site in Somerset.

Reading Time: 2 minutesUS: Located in downtown Waterville, inland Maine, Lockwood Hotel has opened marking one of the first new boutique properties to open in the area in over a century.

Reading Time: < 1 minuteUS: Softly opening this summer, Penny Williamsburg is a hotel and student housing concept created by Sydell Group.

Reading Time: < 1 minuteUS: New York-based real estate development company LEFT LANE has acquired the Mansion on Forsyth Park for $52.5 million.

Reading Time: 2 minutesSwitzerland: Silvio Denz, the chairman and majority shareholder of luxury goods business Lalique Group, along with Peter Spuhler have acquired the Hotel Florhof in Zurich.
![[Credit: Aman New York] Aman secures $900m to fund expansion](https://boutiquehotelnews.com/wp-content/uploads/2022/08/Screenshot-2022-08-16-at-14.37.57-800x445.png)
Reading Time: 2 minutesSaudi Arabia/London: Saudi Arabia’s Public Investment Fund (PIF) and London-based real estate investment firm Cain International have invested $900 million into Aman Group.

Reading Time: < 1 minuteUK: Five-star luxury hotel Gleneagles has selected IRIS as its digital food and beverage platform.

Reading Time: < 1 minuteQatar: Housed in the former Ministry of Interior building, The Ned Doha is set to open at the end of 2022.

Reading Time: < 1 minuteUK: Scott Rankin has been appointed general manager at Hotel Indigo Chester, joining from Holiday Inn Portsmouth.