Investment
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Kempinski takes over management of Kigali's Hôtel Des Milles Collines   23 Jul, 2014

Kempinski Hotels officially took over the management of the historic Hôtel Des Milles Collines in Rwanda’s capital city of Kigali at the beginning of the month. The renamed Hôtel Des Milles Collines by Kempinski will be the European hotel company’s ninth hotel operating on the continent, with...More>>

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Garrison Investment buys NOLA hotel for $10.75M   23 Jul, 2014

New York real estate investment firm Garrison Investment Group has made its first acquisition in the New Orleans market with the purchase the 129-room O'Keefe Plaza Hotel for $10.75 million. More>>

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Hunter marketing historic Baltimore building as hotel   23 Jul, 2014

Hunter Hotel Advisors is representing Rialto Capital in the sale of the Historic Union Trust Building in Baltimore. The 12-story building has a long tenure in Baltimore’s history and has undergone a partial conversion from office building to 100-room hotel. More>>

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First look: Trump gets going on $200M D.C. hotel   23 Jul, 2014

The 270-room hotel, which breaks ground today, is a conversion of the Old Post Office Pavilion on Pennsylvania Avenue. Trump won approval last June to redevelop the site into a hotel, which is slated to open in 2016.More>>

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Cobblestone opens 10th hotel in Nebraska   22 Jul, 2014

The 15th Boarders Inn and Suites by Cobblestone has officially opened in Broken Bow, Neb., after a conversion. The 34-room hotel includes whirlpool suites, with amenities such as microwaves and refrigerators, coffee service, free Internet, and flat-panel TVs in each room. More>>

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UAE investor to develop $120M hotel in Antigua   22 Jul, 2014

A UAE investor and member of the Ruling Family of Sharjah has inked a deal with the government of Antigua to develop a luxury resort on the Caribbean island of Antigua. Sheikh Tariq bin Faisal Al Qassimi, who is also chairman of developer Enshaa, signed a MOA with Prime Minister Gaston Browne for...More>>

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Today's top hotel transactions   22 Jul, 2014

Hotels in the U.S continue to trade at a high rate with prospective buyers continuing to look for positions within an industry that is benefitting from high demand and low supply growth, which is underpinning propitious market fundamentals. Here's a look at the most recent hotel transactions.More>>

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Denver billionaire closes on Dublin Westin   21 Jul, 2014

Irish eyes are smiling on Denver billionaire John Malone, who has completed a reported €65 million deal (roughly $88 million) for Dublin, Ireland's Westin Hotel. The property is the latest addition to Malone’s Irish portfolio, which also includes the Trinity City Hotel and the Hilton Dublin.More>>

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Hotel named after Bob Dylan opens in Woodstock   21 Jul, 2014

A hotel complete with a Volkswagon Van in the driveway and Bob Dylan's name on the door has opened in Woodstock, N.Y. The Hotel Dylan is the brainchild of Paul Covello, who converted a defunct restaurant just southwest of the famed town where Dylan and The Band recorded and not far from where the...More>>

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A look at the ins and outs of the investor-lender rapport   18 Jul, 2014

Understanding the characteristic peculiarities of an investor-lender relationshipMore>>




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