View news on all types of hotel/lodging assets including flagged and unflagged, extended stay, resorts and other properties at HotelWorld Network.
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Noble acquires two full service hotels 8 Feb, 2012
Noble Investment Group acquired the Holiday Inn Memphis East and Hotel Midtown in Atlanta. The Hotel Midtown will open in 2013 following a $21 million redevelopment, while the Holiday Inn Memphis East will open in late 2012 following a $19 million repositioning. "These acquisitions represent...More>>
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Documents detail coverup at Fontainebleau Las Vegas 8 Feb, 2012
Vegas Inc reports on new documents that show developers hid cost overruns on the stalled Fontainebleau Las Vegas development. Investors holding $700 million in debt on the property are suing the general contractor; Memos from general contractor Turnberry West Construction show executives...More>>
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Trump to redevelop Washington, D.C., Old Post Office Building 8 Feb, 2012
While Donald Trump has made the news in recent weeks for his endorsement of Mitt Romney for the Republican presidential candidacy, today the announcement of a major new hotel development puts him back into the limelight.More>>
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DoubleTree by Hilton Panama City opens 8 Feb, 2012
Hilton Worldwide has opened the 213-room DoubleTree by Hilton Panama City, which is operated by Blue Star Hospitality. The property features 2,000 square feet of meeting space along with a 24-hour business center. "This seventh DoubleTree by Hilton hotel opening in the region in such an outstanding...More>>
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Puget Sound area could see uptick in hotel acquisitions in 2012 7 Feb, 2012
An item in the Puget Sound Business Journal reports on Seattle-based commercial real estate brokerage firm Kidder Matthews, which says hotel sales should pick up this year in response to an improvement in hotel occupancies and room rates in the Puget Sound area. The firm said that hotel real estate...More>>
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Yan Club opens at Kunlun Hotel 7 Feb, 2012
Interior design firm Bilkey Llinas Design (BLD) and hotelier Hai Yan opens Yan Club in Beijing. The designers also recently renovated the Kunlun Hotel to a five-star property. More>>
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Sandals Grande Riviera Beach & Villa Golf Resort completes upgrades 7 Feb, 2012
With the $60 million renovation, the property’s 529 rooms and suites covering the resort's three separate zones, including the Riviera Seaside, Riviera Great House and Riviera Villas, have been revamped. The resort also has a new beachside lounge, the Riviera Beach Club.More>>
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The Nile Ritz-Carlton, Cairo undergoes $90M revamp 7 Feb, 2012
The property refurbishment is being helmed by the Arabian Construction Company and will include interior finishing, mechanical electrical work and plumbing to modernize the 13-story hotel.More>>
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MKV Design creates new destination at Navarino Dunes 7 Feb, 2012
The new dining and entertainment destination boasts Greek-inspired interiors. Called Inbi, this space combines two separate buildings with an enclosed courtyard in between with a large patio.More>>
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ReardonSmith Architects chosen to design Regent Porto Montenegro 7 Feb, 2012
The inspiration for the architectural design of Regent Porto Montenegro came from the houses that populate the local l Adriatic coastline, and responds to the classical manner of the grand palazzos of the Italian lakes. The hotel will open in 2014 with 34 guestrooms and 46 serviced residences. More>>
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