Hotels

NEW YORK CITY-Locally based Blackstone Group appoints Host Hotels & Resorts' president & CEO, to oversee Hilton's line of brands.

LAS VEGAS-The $8.9-billion privatization will give Los Angeles-based Colony Capital, which also owns the Las Vegas Hilton, a 75% stake of the heretofore public gaming company.

WASHINGTON, DC-Real estate partnerships are not in imminent danger of being taxed out of existence, but the threat is growing.

GLENDALE, AZ-Hammons opens to a full house at the $80-million-plus, 320-key Marriott Renaissance. He's working a $750-million push in the West and planning to add more.

ATLANTA-Construction could begin in mid-2008 on the hotel, which will be located Downtown across from the Georgia Aquarium.

LOS ANGELES-The partnership of the Buxbaum and Amerland groups acquires the Rosslyn Hotel in Downtown L.A. for a conversion to 300 affordable and market-rate apartments.

HONG KONG-The firm hires three executives for corporate, investment and project management divisions in a multi-pronged bid to become the country's market leader.

HOUSTON-The sellers end a six-year hold with the pass to Warburg Pincus Real Estate and Crestline Hotels & Resorts. Sources say the asset rang up $60 million to $70 million.