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And the Peripheral New York City Lodging Markets Are Headed...? - By Zubin Saxena
A discussion on the existing lodging demand fundamentals and outlook for peripheral New York City hotel markets. The article also discusses why these areas may present good investment opportunities for hotel investors. ...more
Starwood Hotels Announces the Sale of the St. Regis New York's Retail Space for $117 Million
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Company has closed on the sale of 24,700 square feet of retail space at the St. Regis New York. ...more
New 21c Museum Hotel to Open in Cincinnati, Ohio
Building on its mission of engaging the public with contemporary art and supporting the revitalization of American downtowns, 21c Museum Hotels will renovate and restore the former Metropole Hotel - an historic landmark in downtown Cincinnati - to its original purpose as a hotel and a centerpiece of the city. ...more
Hotel Roanoke & Conference Center Seeks Proposals From Qualified Management Firms to Serve As Its Operator
With the assistance of its advisor, PKF Consulting of Atlanta, the Hotel Roanoke & Conference Center (HR&CC) is seeking proposals from qualified management firms interested in operating the 332 room historic hotel and adjoining conference site in Roanoke, Virginia. ...more
Starwood Hotels Signs Agreement to Sell Bliss Spas to Steiner Leisure for $100 Million
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that the company has signed an agreement to sell the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remede spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels respectively. ...more
Strategic Hotels & Resorts Closes Sale of the Four Seasons Mexico City
Strategic Hotels & Resorts, Inc. (NYSE:BEE) , today announced that the company closed on its disposition of the Four Seasons Mexico City hotel to an affiliate of Meridia Capital for a purchase price of $54.0 million. ...more
Swissôtel Hotels & Resorts to Open its First Hotel in the Middle East: Swissôtel Makkah in Saudi Arabia
Construction is under way on Swissôtel Hotels & Resorts' first hotel in the Middle East: Swissôtel Makkah in Saudi Arabia. The international hotel chain expects the hotel to open in January 2011. ...more
Luxury Link and Lexus Go Green
Eco-friendly packages offering luxury accommodations and use of the Lexus LS Hybrid sedan now available on Luxury Link. ...more
Best Western continues its expansion in Malaysia, opening a Marina Island Hotel in Pangkor in 2010
Best Western has signed on its third property in Malaysia, the newly built 170 rooms-hotel to be opened in 2010. ...more
Carlson Hotels Worldwide Adds 24 New Properties in the Third Quarter of 2009
New Agreements for 10 Future Hotels Also Signed ...more
IHG signs InterContinental Hotel in London's Westminster
InterContinental Hotels Group (IHG) has signed a 20 year management contract with Splendid Hotel Group for a new 254-room six storey InterContinental property in the centre of London. The InterContinental London Westminster is set to open in late 2011. ...more
Triyar Hospitality Scottsdale, LLC, Owner of W Scottsdale Hotel, Has Reached Resolution with Its Lender and Contractors, Ending Litigation and Canceling Foreclosure Proceedings
Triyar Hospitality Scottsdale, LLC, owner of the W Scottsdale Hotel, announced that it has reached a resolution in its legal disputes with its lender and the hotel's construction contractors, which ends litigation between them and the lender's foreclosure proceedings. ...more
Hilton Garden Inn Set to Expand in Luton, UK
Luton confirmed as key location for Hilton Garden Inn as second hotel announced ...more
IHG Signs Agreement For New InterContinental Hotel in Mendoza, Argentina
The 218-Guestroom InterContinental Mendoza Will Be Located in City Renowned for Its Spectacular Vineyards ...more
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