Hotel
Blackstone Rides the Hospitality Wave
The Blackstone Group continues adding to its hospitality holdings with two portfolio deals announced within two days this week.
Strategic Hotels ‘Breaks Record’ with Montage Laguna Beach Purchase
Strategic Hotels & Resorts Inc. has just turned the heads of everyone in the hotel real estate business with its acquisition of the 250-key Montage Laguna Beach in Laguna Beach, Calif.
INTERNATIONAL: Melco Crown Entertainment Opens City of Dreams Manila
Melco Crown Resorts and a subsidiary of Melco Crown Entertainment are opening the first international integrated leisure destination offering in Manila, Philippines.
Auction.com Launches National Hospitality Division
Auction.com has expanded its hospitality business with the formation of a new division focused specifically on the sale of hotel properties.
Arden Group Adds to its Portfolio in Tampa’s Sizzling Market
Arden Group has been slowly but steadily adding to its portfolio over the last couple of years, and the InterContinental Hotel Tampa Westshore in Tampa, is its latest acquisition.
HEI Hotels & Resorts Trades Aloft Houston Galleria Hotel
As hospitality demand in Houston continues to outpace supply, HEI Hotels & Resorts sells its 152-key select-service boutique hotel to Westpark I.
INTERNATIONAL: Hard Rock Hotel Riviera Cancun to Open in 2017
Hard Rock International will be rocking it in Cancun, with the opening of a new, all-inclusive oceanfront hotel.
INTERNATIONAL: Vida Hotels and Resorts Unveils Manzil Downtown Dubai
Vida Hotels and Resorts has opened a 197-key lifestyle boutique hotel for business in the heart of Dubai.
Starwood, KFK Team on Adaptive-Reuse Project in Downtown Dallas
To feed the hunger of the growing Downtown Dallas market, Starwood Hotels & Resorts Worldwide and KFK Group have teamed up to redevelop an older building into a Westin-managed hotel.
INTERNATIONAL: W.P. Carey Picks Up Resort Hotel in Club Med Network
W.P. Carey has bought La Plantation d’Albion Club Med, situated on 53 acres of natural tropical woodland in Albion, a village on the northwestern coast of the island of Mauritius.