 | Newswire
Vista Capital raises $32M of financing for five-hotel portfolio 22 May, 2013
Vista Capital Company said it recently arranged and closed $32 million of financing for a portfolio of five hotels representing 478 rooms in Arizona and Utah: the Hampton Inn & Suites, Residence Inn and Holiday Inn in Goodyear, Ariz., and the Holiday Inn Express in Washington, Utah. The deal was...More>>
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 | Newswire
Larry Silverstein lures Four Seasons to Lower Manhattan 21 May, 2013
Big-shot developer Larry Silverstein looks like he has convinced Four Seasons Hotels and Resorts to set up shop in Lower Manhattan. This according to the Jewish Business News, which reports that Silverstein Properties is proceeding with its project to build a 926-foot skyscraper at 30 Park Place in...More>>
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 | Newswire
Spain attracts a wide range of hotel development 15 May, 2013
International Meetings Review recently visited the Tourist Office of Spain in New York City, where we met with Paloma Notario (the Office’s director) and Director General Manuel Butler Halter. We caught up on some new developments within the country, including some notable new hotels that are...More>>
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 | Newswire
Houston developer breaths life into stalled Colorado Gaylord project 10 May, 2013
Upon last year's May announcement that Gaylord Entertainment had agreed to sell its Gaylord Hotels brand and the rights to manage its four hotels to Marriott International for $210 million in cash, and reorganize its hotel unit as a real estate investment trust, a plan was scrapped to move forward...More>>
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 | Newswire
Lending for hotel construction makes a comeback 9 May, 2013
It may have taken a while, but an article from The Wall Street Journal makes the case that lending for hotel construction is making a comeback. At the Meet the Money conference in L.A., some industry insiders said as much. “We’re really early in the game on the development side,” said Marty...More>>
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 | Newswire
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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 | Newswire
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
Hotel group, vacation ownership growth drive Wyndham Worldwide's Q1 performance 24 Apr, 2013
Wyndham Hotel Group posted first quarter 2013 revenue of $222 million, in increase of 20 percent compared to the same quarter in 2012. EBITDA was $58 million, an 18-percent jump over Q1 2012. According to Wyndham Worldwide, results reflect RevPAR gains, a larger system size and revenue associated...More>>
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Newswire
Diversity describes lending landscape 23 Apr, 2013
Investment conferences highlight diversity in hotel financing sources.More>>
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 | Newswire
UAE lender signs refinancing deal on Paris' Prince de Galles 18 Apr, 2013
The UAE's National Bank of Abu Dhabi has announced the close of a refinancing deal with Paris' Prince de Galles, part of Starwood Hotels & Resorts Worldwide's Luxury Collection, Gulf Business reports. The deal involves the renovation of the hotel, which is scheduled to re-open on May 16. The...More>>
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