Investment
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Vietnamese construction company ignores cease-and-desist on hotel project   17 Sep, 2014

A private construction company began work on three hotel projects in central and southern Vietnam without the necessary licenses. More>>

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HREC’s founder & CEO, Michael Cahill   17 Sep, 2014

An interview with Michael Cahill, CEO and founder of HREC, a leading real estate investment banking and advisory firm specializing in the lodging and gaming industries.More>>

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Trump's SoHo hotel foreclosed, goes up for auction   17 Sep, 2014

Real-estate investor CIM Group, which currently holds a junior loan on the property, is taking over the property as part of a foreclosure process and hired brokerage Eastdil Secured to auction the property. More>>

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Miami Beach to conduct traffic impact study focused on possible future convention center hotel   17 Sep, 2014

The 120-day, $85,000 Miami Beach Convention Center Hotel Traffic Impact study will look at 12 intersections around the hotel site and the effects an additional 400- to 1,200-room hotel would have on the area. Proposals for an owner's representative for the property have been submitted and the city...More>>

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The U.K.'s Falcon Hotel in Stratford purchased by St. James' Hotels   17 Sep, 2014

The hotel has 83 bedrooms, seven meeting rooms, two restaurants, two bars and parking for 120 cars. The new owners plan to invest up to $9.8 million to refurbish the hotel, including the installation of air conditioning in all bedrooms, during the course of next year. St James' Hotels intends to...More>>

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Manhattan Sofitel sold to Keck Seng Investments for $272M   17 Sep, 2014

A partnership composed of Accor Group, Goldman Sachs Group and GEM Realty Capital will sell the 398-room hotel at 45 West 44th Street to the Hong Kong-listed firm Keck Seng Investments. Goldman Sachs and GEM paid $255 million for a 75-percent stake in the Midtown hotel and another Sofitel property...More>>

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Starwood reinforces luxury on Hainan Island with four resorts slated   17 Sep, 2014

According to Law360, Starwood Hotels & Resorts Worldwide Inc. has inked a deal with a Chinese development company to bring a W Retreat & Spa and a St. Regis to the communities of Hainan Island's Haitang Bay.More>>

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How to properly negotiate replacement reserve clauses   17 Sep, 2014

Here are a few tips on how to properly negotiate your replacement reserve clause.More>>

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Atlantis announces new Dubai resort   17 Sep, 2014

This week, ruler Sheikh Mohammed bin Rashid Al Maktoum approved the construction of a new resort on the Palm Jumeirah island by the Investment Corporation of Dubai.More>>

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Hilton Worldwide plans 40 new hotel openings in Latin America by 2016   16 Sep, 2014

Hilton Worldwide is planning a push into Latin America, with 40 new hotels forecasted to open in the region by 2016, increasing its portfolio there by nearly 60 percent in two years. More>>




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