Investment
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Vision plans boutique property for Chattanooga   29 Aug, 2014

​Vision Hospitality Group is planning a five-story, 90-room upscale boutique hotel for its hometown, Chattanooga, Tenn. This is the second time the company has proposed a hotel for the Walnut Street site near the city's arts district. More>>

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More hotel development on the way for downtown Orlando?   29 Aug, 2014

Hotel development in Orlando, Fla., shows no sign of slowing down. The latest plans for the city involve a proposed multi-use development downtown, according to the Orlando Sentinel. Plans for the residential, retail, commercial and hotel development still are long-range, but the site along...More>>

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Hilton San Diego Del Mar completes renovation   29 Aug, 2014

The property, located across the street from the Del Mar Fairgrounds and Racetrack and under a mile from the city's beaches, updated its guestrooms with new furniture, carpet and lighting fixtures. The hotel has seven meeting rooms and a 6,000 square-foot ballroom.More>>

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Cobblestone opens seventh property in Iowa   29 Aug, 2014

The Cobblestone Inn and Suites in Fort Dodge features 45 guestrooms, including whirlpool suites, with amenities such as microwaves and refrigerators, coffee service, free high-speed Internet, and flat-panel televisions in each room. It also has an on-site beer and wine bar, meeting room, exercise...More>>

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Dunes Club in Palm Springs joins RCI   29 Aug, 2014

Owners and RCI subscribing members who visit The Dunes Club can enjoy an experience in the private gated community of the Bermuda Dunes Country Club, the original home of the PGA Bob Hope Classic. The boutique-style residence club is a haven for golfers looking for a high-end experience in...More>>

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Hony Capital to buy a $246M stake in Jin Jiang Hotels   28 Aug, 2014

Hony Capital, which manages approximately $7 billion, will buy 100 million shares in Shanghai Jin Jiang at $2.45 a share, a 23-percent discount to the company's closing price on Thursday of $3.18. That will give Hony Capital a 12.43 percent stake in Shanghai Jin Jiang, making it the largest...More>>

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Jerry Schwartz purchases Sydney Sofitel for $368, plans to add heliport   28 Aug, 2014

The 616-room property, which has yet to be built, was developed by Lend Lease and will be operated by Accor, according to the Property Observer. The 35-floor hotel forms part of the $2.5-billion international convention, exhibition and entertainment precinct Lend Lease is developing for Sydney's...More>>

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The Mayflower Renaissance Washington, D.C., to undergo a $20M update   28 Aug, 2014

The overhaul, which begins in in mid-October, is expected to be completed by mid-March. The hotel plans to remain open during renovations. It has been approximately 10 years since the Mayflower's last renovation.More>>

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Trump to sell Canada hotel, plans 30 openings by 2020   28 Aug, 2014

Maxfine said external borrowings and internally generated funds would be used in the acquisition. The decision to purchase the hotel comes from a push from TA Global to build on its hospitality business, which is looking to gain more footholds in major cities internationally.More>>

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Northview Hotel Group acquires the Hotel Madeline Telluride   28 Aug, 2014

The acquisition of Hotel Madeline Telluride marks the Partnership's fourth joint venture in the past 18 months. Northview will operate the hotel on behalf of the Partnership, as well as oversee multiple, proposed capital improvements projects and the sale of the residences. Northview was...More>>




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