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EB-5 investment sought for Virgin Islands project   25 Mar, 2014

North Texas EB-5 Regional Center and Omega Puerto Rico Regional Center have reached an agreement to raise EB-5 funds for the development of the Port of Mandahl Caribbean Conference Resort in St. Thomas, US Virgin IslandsMore>>

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As demand grows in Africa, hotels investors, operators rush in   25 Mar, 2014

A travel boom is underway in West Africa, and hotel investors and operators are making sure they are there to fulfill need for hotel rooms. No more is this evident than in Marriott International's purchase of Protea Hospitality Holdings, which Marriott agreed to buy for $186 million in January. More>>

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Millennium Hotels focuses on the Gulf region   24 Mar, 2014

Millennium & Copthorne Hotels is opening up 11 hotels over the next 18 months, focusing on Saudi Arabia and the UAE with four hotels each. UAE properties include Millennium Executive Apartments Dubai Marina, due to open later this year. More>>

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Melia Hotels developing 132-key ME Milan Il Duca in Italy   18 Mar, 2014

Meliá Hotels International's ME Milan will open near the "fashion quadrilateral," at the Piazza della Repubblica, close to the Corso Como, one of Milan's more fashionable areas. The 132-room hotel will be housed in a building by architect Aldo Rossi and be completely renovated to the style of the...More>>

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Dominvs Group to convert London site to luxury hotel   18 Mar, 2014

The former Tower Bridge Magistrates Court and police station on London’s Tooley Street are set to become a hotel. Asset management firm Dominvs Group has acquired the site and will convert the Grade II-listed property into a luxury 150-200 room hotel.More>>

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Lofty ambition counters humble beginnings   14 Mar, 2014

Ambition and burning desire to excel can help overcome the most humble beginnings and adverse difficulties.More>>

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Inland American move signals possibility of sale   14 Mar, 2014

Inland American Real Estate Trust is absorbing the company that runs its portfolio, a key move toward an eventual sale of Inland American or a listing of its shares on a stock exchange. More>>

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White Lodging to manage New Jersey Marriott   13 Mar, 2014

The 345-room Marriott at Glenpointe in Teaneck, N.J., recently completed a multimillion-dollar renovation of the hotel's lobby, restaurants and 26,500 square feet of meeting space. Alfred Sanzari Enterprises owns the mixed-use development.More>>

NEWS BRIEFS   13 Mar, 2014

Here are some of the latest news updates from the hotel development and acquisition sector.More>>

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Increase in visitor numbers drives Crete developments   26 Feb, 2014

While Greece continues to fight its way out of economic uncertainty, the island of Crete is seeing some positive overnight numbers and investment from international brands. More>>

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