 | Newswire
GF Management affiliate acquires Orlando Hilton Garden Inn 7 May, 2013
GF Management has announced that its affiliate, HGILM Associates, has acquired the 123-room Hilton Garden Inn Orlando North/Lake Mary, which will maintain its affiliation with the Hilton Garden Inn brand and stay open during a renovation north of $2 million, which will take place during the next 6...More>>
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Boris Podrecca leads redesign of Palais Hansen Kempinski Hotel Vienna 7 May, 2013
Originally designed as a hotel for the 1873 World Exhibition by Theophil Edvard von Hansen and Heinrich Forster, the building has taken more than 140 years to be restored to its original intended use.More>>
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Sunstone buys Boston Park Plaza Hotel for $250M as Q1 revenue climbs 7 May, 2013
According to multiple sources, Sunstone Hotel Investors has agreed to buy the 1,053-room Boston Park Plaza Hotel & Towers for $250 million. The REIT also plans to invest an undisclosed amount on renovations, including upgrades of the hotel’s elevators and facade. Longer term, the company may...More>>
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As Europe pipeline stagnates, Middle East’s and Africa’s takes a dip 7 May, 2013
Europe’s fractured economy stalls development pipeline, hits Middle East and Africa More>>
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Vantage moves into Fremont Street with the D 7 May, 2013
Lexington Legacy’s D marks the first casino and full-service property for Vantage in Las Vegas.More>>
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IFC invests $25 million in Brazil Hospitality Group to support green design 6 May, 2013
IFC, a member of the World Bank Group, has become an anchor investor in BHG S.A.- Brazil Hospitality Group with a $25 million equity investment during the company's recent successful public offering of approximately $200 million. IFC's investment will support BHG's expansion of hotel operations...More>>
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Hard Rock plans Daytona Beach hotel 6 May, 2013
Hard Rock International, in collaboration with Bayshore Capital, announced plans for a Hard Rock Hotel in Daytona Beach, Fla. The hotel is expected to debut in 2016, and is currently slated for 250 rooms and 100 condominium units. Hard Rock Hotel Daytona Beach would be the brand's fourth hotel in...More>>
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Laie Ventures selected to develop Marriott-branded Oahu hotel 6 May, 2013
Laie Ventures has been selected as the developer of a Marriott-branded hotel on Oahu’s North Shore that will replace what used to be the Laie Inn, Pacific Business News reports. Construction on the new hotel is expected to begin later this year. Though approved for four stories and 222 rooms,...More>>
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 | Newswire
Talks begin on possible sale of Fairmont Dubai 6 May, 2013
Bloomberg reports that IFA Hotels & Resorts Co., a company partly owned by Saudi billionaire Prince Alwaleed Bin Talal, is in talks with several Middle East investors to sell the Fairmont Dubai, which sits at the trunk of Palm Jumeirah. Discussions convened as a who's who of hotel investment in the...More>>
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Grace Hotels expands into North Africa with Morocco acquisition 3 May, 2013
Grace Hotels has announced its entry into the North African region with the acquisition of the Les Terres M’Barka, a boutique hotel located near the village of Tamesloht, about 13 miles southwest of Marrakech. The hotel will become known as Grace Marrakech. The hotel has 18 suites and lofts, a...More>>
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