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Mirae Asset Global Investments acquires Four Seasons Hotel Sydney   24 Sep, 2013

One of Sydney's five-star hotels, the Four Seasons Hotel Sydney, was sold for approximately $306.8 million to Korean investors, Mirae Asset Global Investments. The 531-room property overlooking the Sydney Harbour Bridge and Opera House at Circular Quay underwent an extensive approximately $40.6...More>>

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More support for Hyatt hotel at the Oregon Convention Center   20 Sep, 2013

Multnomah County commissioners unanimously joined the Portland City Council in advancing a plan to build a publicly backed Hyatt hotel at the Oregon Convention Center, The Oregonian reports. The proposed 600-room Hyatt Regency hotel would be built by a development team led by Mortenson Development...More>>

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Lodging Conference: It's a sellers' market   20 Sep, 2013

It's a sellers' market and hotel owners are taking advantage of that—or at least preparing to—while operators continue to contribute to the overall transactions climate with strong operating fundamentals.More>>

Net leasing as a dealmaking tool to gain in popularity   4 Sep, 2013

Consider structuring a lease with a purchase option formula rather than an outright property purchase.More>>

Survey: Don’t miss out on this chance!   12 Aug, 2013

Hotel Management surveys provide valuable information.More>>

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Israel invests in hotel development for Tel Aviv, Jerusalem   7 Aug, 2013

Both Tel Aviv and Jerusalem are getting notable new hotels, with both a Waldorf Astoria and Ritz-Carlton due to open by the end of the year. In Jerusalem, local and federal government agencies are investing in development to cater to increasing tourism numbers. More>>

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Oversupply a drag on Phoenix hotel market   19 Jul, 2013

A dearth of new supply across the U.S. is an operator's dream: travelers have less choice and it allows rates to be pushed upward. But in Phoenix, it's a different story, reports The Republic. The city issued fewer building permits for hotels during the past four years combined than in 2008 alone,...More>>

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Private equity makes a comeback amid recovery   15 Jul, 2013

Hotel industry witnesses a comeback in private equity funds.More>>

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Conference center hotels get approval—and tax breaks   10 Jul, 2013

Convention and conference center hotels are getting a boost by local governments. And as the meetings and events business gradually comes back, developers are looking to build hotels to quench the demand.More>>

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New Shaner REIT will target small to mid-size owners   13 Jun, 2013

The new Shaner Hospitality Finance REIT will provide equity and/or debt for PIP funding, refinancing, purchasing existing loans and equity infusions for acquisitions. This is Shaner Hotel Group's third financing vehicle, and company execs say their goal is to place the initial $100-million...More>>

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