Operations/Management
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Al Rayyan Tourism purchases the St. Regis Washington, D.C.   1 Jul, 2015

Qatari-based Al Rayyan Tourism Investment Company were advised by Mark Elliott and Rudy Reudelhuber of Hodges Ward Elliott on the sale. The purchase of the 182-room luxury hotel also includes an adjacent parcel allowing for the development of approximately 22,000 additional square feet, zoned for...More>>

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Wellness-focused Stella Hotel in Texas to enter development   1 Jul, 2015

Located in the Brazos Valley's Texas A&M Biocorridor, The Stella Hotel is at the center of the 200-acre, mixed-use ATLAS community. The 177-room hotel will have a fitness center, 10,000 square feet of ballroom and conference space, resort-style pool area with bar, outdoor event lawn and a...More>>

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Trump Plaza Atlantic City to shut down for 10 years   29 Jun, 2015

A new bill being delivered to Gov. Chris Christie could allow casinos to make payments in lieu of taxes for 15 years. The owners of the former Trump Plaza casino in Atlantic City responded to this bill by announcing their plans to shut down the casino for a decade in order to save on taxes.More>>

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Waldorf Astoria reaches $149M workers union deal   29 Jun, 2015

The owners of the Waldorf, New York's largest union hotel employer, reached a record deal with the union in which the hotel could pay nearly $149 million in severance packages to its employees over the next two years. Under the terms of the deal, employees will receive 29 days of pay per year they...More>>

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Grupo Posadas to open five U.S. hotels   29 Jun, 2015

Bighorn Capital invested $450 million to develop an initial five properties targeted in U.S. gateway cities: Chicago, Miami, Los Angeles, Houston and Washington, D.C. The first development will be an 82-story high-rise in Chicago's West Loop area, and is dual-branded with the Live Aqua and Dream...More>>

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Construction begins on Holiday Inn Express in Covington, Ga.   29 Jun, 2015

The hotel, which represents an investment of almost $13 million, is expected to open in November of 2016. The property will be one of the first Holiday Inn Express hotels in the country to be built using the brand's recently-introduced "Formula Blue" design direction, which includes an open lobby...More>>

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Guests satisfied by short shuttle wait times, well-trained drivers   26 Jun, 2015

What is the average wait time for a hotel shuttle? Most would say 'too long,' but if you have a system in place to shorten your wait times, a relaxing trip to the airport could elevate your hotel in the eyes of guests.More>>

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Former Hotel Syracuse to join Marriott Hotels   26 Jun, 2015

The hotel will be rebranded as Marriott Downtown Syracuse. The property will integrate the landmark's historical components with modern amenities. In addition to updated guestrooms and high-tech meeting spaces, the hotel will offer restaurants, shops and other social spaces.More>>

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JLL arranges sale of the Hilton Pasadena   26 Jun, 2015

The 296-room Hilton Pasadena is a full-service hotel surrounded by high-end residential, retail and Class-A office space. The property has three food-and-beverage outlets and over 28,000 square feet of meeting space ideally situated within downtown Pasadena and across the street from the recently...More>>

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Ashford to sell 23-property portfolio   26 Jun, 2015

Ashford plans to sell 23 select-service hotels, the majority of which are brand-managed. The hotel portfolio totals 4,308 rooms, is encumbered by approximately $190 million in long term fixed rate debt and approximately $187 million in maturing or floating rate debt, for total debt of approximately...More>>




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