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2007-10-22 Hotel Development News

Development

The Ritz-Carlton, Dove Mountain to Open in NW Tucson, Arizona in 2009
Project Largest in The Ritz-Carlton Portfolio in the Continental U.S. With Resort Golf Club and Residences ...more

Harrah's Entertainment Announces Transaction Approval by New Jersey Casino Control Commission
Harrah's Entertainment, Inc., (NYSE:HET) today announced it received approval from the New Jersey Casino Control Commission for the proposed acquisition of Harrah's by affiliates of Apollo Management, L.P. and TPG Capital. ...more

Choice Hotels Opens 36 New Hotels in September
Choice Hotels International (NYSE:CHH) continues to grow with the announcement of 36 newly-opened franchised properties during the month of September, including the second Cambria Suites hotel. ...more

RLJ Development to Acquire 184-Room Hilton Mystic in Connecticut
Crescent Hotels & Resort to Oversee Completion of $6 Million Renovation ...more

W Austin Hotel & Residences and Austin City Limits Theater Breaks Ground
Stratus Properties And The Canyon-Johnson Urban Fund Break Ground On $260-Million Block 21 Mixed-Use Development In Austin And Debut W Austin Hotel & Residences Sales Center ...more

Disney Announces Significant Expansion Plan for the Disneyland Resort
Multi-Year Build-out Plan Includes Major Attractions and a New 'Cars Land' at Disney's California Adventure ...more

Presidian Companies to open an ELEMENT hotel in Leawood, Kansas in July of 2009
ELEMENT Leawood will feature over 800 square feet of meeting space, an integrated technology center and library ...more

W Hotels Heads to Thailand's Cosmopolitan Capital with the Announcement of W Bangkok
W Bangkok Marks the World's Fastest Growing Luxury Hotel Brand's Second Property in Thailand following the opening of W Retreat & Residences-Koh Samui ...more

Marcus Hotels to Manage Venturella Resort and Spa in Orlando
Will also provide technical and pre-opening services for project opening in mid-2008 ...more

Lazer Lodging And REVPAR International Merge To Create Formidable Hospitality Asset Management and Advisory Services Company
Hospitality veterans Richard Pastorino and Randall Carroll announced today that they have merged and consolidated their respective companies (both based in Washington, DC) into a new, full-service hotel asset management and advisory firm that will operate as REVPAR International. ...more

Marriott International Will Add 59 Hotels, 18,160 Rooms in Nine Asian Countries Through End of 2010
China, Thailand and Indian Dominate Expansion ...more

Scandic builds new 400-room hotel in Kista, Stockholm
Scandic and the Norwegian property company Öyer Invest A/S have joined forces in the building of a new 400-room hotel in Kista, on the outskirts of Stockholm. The new hotel is planned to open in autumn 2009 and is a further link in the hotel chain's growth strategy. ...more

Grupo Posadas Expands Portfolio in 2007 - 2008
Grupo Posadas announces the broadening of its current portfolio of ninety-eight properties with the opening of ten new hotels in 2008 ...more

Lowe Enterprises Acquires Santa Fe Boutique Hotel - Inn and Spa at Loretto
Lowe Affiliate Destination Hotels & Resorts to Manage ...more

Donald Trump and partners break ground for $500M Trump International Hotel & Tower, Toronto
57-storey landmark will redefine luxury living and city skyline ...more

Scandic to build 572 rooms hotel in Berlin
Scandic and Danish real estate developer Schaumann Properties A/S have entered into a partnership that will develop a new hotel with 572 rooms located at Potsdamer Platz in Berlin. The hotel marks the first serious step on Scandics new international growth strategy and is expected to open in February 2010. ...more

ELEMENT Hotel Slated For Orlando, Florida
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), announced an agreement with JHM Hotels to open an ELEMENT hotel in Orlando, Florida. Inspired by Westin Hotels & Resorts, ELEMENT Orlando Convention Center/ International Drive will offer a new extended stay experience that weaves together intuitive design, unique social venues and eco-friendly touches. ...more

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