Joint ventures. Acquisitions of public companies. Non-traditional product plays. In today's hyper-competitive market, investors are employing a wide variety…
LOS ANGELES-The move is similar to what Hyatt did last year when it acquired the AmeriSuites system and decided to rechristen the select-service chain as Hyatt Place.
LOS ANGELES-The move is similar to what Hyatt did last year when it acquired the AmeriSuites system and decided to rechristen the select-service chain as Hyatt Place.
NEW YORK CITY- In addition to the 1,245-room Waldorf-Astoria hotel here, three other hotels are now part of the Waldorf-Astoria collection: the 780-key Grand Wailea Resort Hotel & Spa in Maui, HI; the Arizona Biltmore Resort & Spa, a 738-room property in Phoenix; and the 800-key La Quinta Resort & Club in La Quinta, CA.
NEW YORK CITY- In addition to the 1,245-room Waldorf-Astoria hotel here, three other hotels are now part of the Waldorf-Astoria collection: the 780-key Grand Wailea Resort Hotel & Spa in Maui, HI; the Arizona Biltmore Resort & Spa, a 738-room property in Phoenix; and the 800-key La Quinta Resort & Club in La Quinta, CA.
NEW YORK CITY-On the heels of the acquisition, the firm launches its Select Service Division, which will specialize in the sale of mid-market and limited-service lodging properties.
TORONTO-The GSA, for one, intends to move properties offline and focus a portfolio of income-producing assets, according to Cathleen Kronopolus, deputy associate commissioner for real estate portfolio management.
NEW ORLEANS-These still-soft fundamentals have not deterred capital sources, who appear willing to dip their dollars in the industry, according to hotel leaders at Hilton Hotels Corp.'s Focused Service Conference.
NEW ORLEANS-Renovations to Hilton's mid-priced offering will be phased in over the next two years. The new look was introduced at a Hilton conference here for its limited-service chains.
WHITE PLAINS, NY-Starwood Hotels & Resorts has teamed with Redwood Capital of San Francisco to provide potential developers with first mortgage and mezzanine debt financing.