Investment
The Ace Hotel Portland is located within the old Clyde Hotel building, in the downtown area of the city. Newswire
The City of Roses’ hotel industry in bloom   16 Jan, 2015

The Portland hotel industry and demand for rooms is on the rise.More>>

Almost all of the hotel’s guestrooms will have views of the Potomac River. Newswire
Hotel immortalized by Nixon folly gets well-deserved pardon   16 Jan, 2015

The infamous Watergate Hotel inWashington, D.C, willreopen later this year.More>>

The Hyatt Place Nashville Downtown has 255 rooms and is one block from the newly constructed Music City Center Convention Center Newswire
The Music City sings a happy tune   16 Jan, 2015

Nashville is a city known for its music, a full-size reproduction of the Greek Parthenon and, now, high average daily rates and revenue per available room.More>>

REIT Summit Hotel Properties acquired the 209-room Hampton Inn & Suites in Austin, Texas Newswire
Buyer appetite high as industry thrives   16 Jan, 2015

Supply of viable properties for sale should continue throughout 2015, without any reduction in intensity.More>>

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New AC Hotel planned for Raleigh, N.C.   16 Jan, 2015

Concord Hospitality Enterprises and Kane Realty Corp. are teaming up to build the property. The new AC Hotel, a 133-room select service property, is expected to open in 2016 next to the new North Hills Tower Two office building that is under construction at the corner of Six Forks and Dartmouth...More>>

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Virgin Hotels opens first property in Chicago   16 Jan, 2015

Virgin Hotels Chicago is located in the Loop in the historic Old Dearborn Bank Building at 203 N. Wabash Ave. The 26-story art deco building has 250 guestrooms, including 40 one-bedroom suites and two penthouse suites. More>>

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Former Sofitel CEO to lead new luxury hotel company   16 Jan, 2015

Robert Gaymer-Jones, the founder of Blue Horse Hotel Management Company, served as CEO for Sofitel Luxury Hotels in Paris from 2007 to 2014. He led the re-positioning of the brand by downsizing and rebuilding Sofitel into a global luxury chain including the So brand of lifestyle hotels and the...More>>

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Corinthia Group investment arm to acquire Malta's Island Hotels   16 Jan, 2015

Regional consolidation continues. The latest news comes out of Malta, where International Hotel Investments (IHI), the investment arm of the Corinthia Group, has signed a conditional agreement to acquire the assets and operations of Island Hotels Group, which operates two Radisson Blu hotels in...More>>

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Jin Jiang deal to acquire France’s Louvre Hotels Group now a go   15 Jan, 2015

Jin Jiang's deal to acquire France’s Louvre Hotels Group from Starwood Capital Group is now signed, sealed and delivered. Here are further details on the deal that were first reported on back in November, as Chinese companies continue to make large global acquisitions. More>>

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Joint venture acquires Los Angeles Marriott   15 Jan, 2015

AWH Partners and Starr Cos., an insurance and investment company with a presence on five continents, acquired the 488-room hotel on North Hollywood Way from Westbrook Partners. Spire Hospitality will operate the property under a franchise agreement with Marriott Hotels.More>>




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