Investment
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Warwick Hotels makes Dubai debut   22 Apr, 2014

The opening of the Hotel marks a major step in the development of WIH, after having established its presence in the Middle East in 2012.More>>

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Cachet Hotel Group brings Nano brand to New York   22 Apr, 2014

Cachet Hotel Group has announced it will import its Nano Hotels & Resorts brand to the U.S., specifically New York, where it will announce its first property later this year, in partnership with Harry Gross of G-Holdings.More>>

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Under new leadership, Langham Hospitality to undergo big buying spree    22 Apr, 2014

Langham Hospitality Group, the hotel arm of Great Eagle, is looking to make a big splash in the U.S., with an expectation to acquire 10 hotels. How will it go about reaching that goal? It's earmarked a total of $1.5 billion.More>>

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Australia's Crown Resorts enters race for Vegas' Cosmopolitan   21 Apr, 2014

Last week, we reported on Deutsche Bank looking to sell the Cosmopolitan in Las Vegas. Today, there is word that Australia's Crown Resorts is poised to enter the race for the $2 billion loss-making hotel and casino.More>>

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Concord sells 13-hotel portfolio for $240M   21 Apr, 2014

Concord Hospitality Enterprises has sold a portfolio of 13 select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction. More>>

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India's Hotel Leelaventure selling two properties to pare debt   21 Apr, 2014

Mumbai-based Hotel Leelaventure is reportedly in talks with sovereign wealth funds including Abu Dhabi, Qatar and Malaysia to sell properties in Delhi and Chennai for around Rs 1,850 crore in order to pay debt.More>>

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S.F.'s Hotel California plans major renovation after $27M sale   18 Apr, 2014

Pineapple Hospitality, a Bellevue, Wash.-based hotel management company, has acquired the Hotel California in san Francisco, a 101-year-old, 83-room hotel, for $27 million. The hotel, bout from Geary Street Properties, was affiliated with Best Western.More>>

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Designer Tommy Hilfiger acquires Miami's Raleigh Hotel   18 Apr, 2014

Tommy Hilfiger, the fashion designer who helped forge 90s hip-hop fashion, among other styles, is the proud new owner of the Raleigh Hotel in Miami's South Beach, after paying $56 million for the Art Deco property. More>>

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After Chicago and New York, Virgin Hotels selects Nashville for next project   18 Apr, 2014

A partnership led by local businessman David Chase will develop and own the 240-room hotel, scheduled to open in 2016. The hotel will be managed by Virgin Hotels. More>>

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First Delaware Westin opens    17 Apr, 2014

PM Hospitality Strategies along with officials from a joint-venture ownership group comprised of Buccini/Pollin Group and Westport Capital, have opened the 180-room Westin Wilmington in Delaware.More>>




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