Hotel
MARKET SNAPSHOT: Jobs Improvement Benefits Las Vegas’ Residential, Hospitality Sectors
Steadily improving employment is driving both residential and hospitality market improvement after a number of difficult years for Sin City.
$80M Hilton Dallas/Plano Granite Park Hotel Opens in Texas
The $80 million Hilton Hotels & Resorts property brings 299 guest rooms to the 90-acre mixed-use locale in Plano.
Thor Refinances (Again) the Palmer House Hilton in Chicago
Thor Equities has completed a $420 million refinance deal for the historic Palmer House Hilton hotel in downtown Chicago.
Hotel Occupancy on Track to Hit 20-Year High: PwC
The hospitality industry is on track to hit its highest occupancy levels in 20 years in 2015, according to a report from PricewaterhouseCoopers L.L.P.
INTERNATIONAL: Asian Investors Unveil Mixed-Use Development Projects in Brisbane
Heeton Holdings Limited, Lian Beng Group Ltd. and KSH Holdings Ltd. have announced plans for the construction of an approximately $139 million development.
Kimpton Hotels Buys Historic Chicago Office, Plans $86M Conversion
Kimpton Hotels & Restaurants looked at an office building in Chicago and saw a boutique lodging destination.
INTERNATIONAL: Marriott Opens First Marquis Brand Hotel Outside the U.S. in Qatar
Three properties in Doha, Qatar, have been combined to form the first Marriott Marquis hotel outside of the U.S.
INTERNATIONAL: Singapore Hotel Operator Buys Site in the Center of London
Singapore-based hospitality company UOL Group has selected Heron Plaza as its inaugural project in the city of London.
INTERNATIONAL: Constellation Hotels Offers to Buy InterContinental Paris – Le Grand Hotel
InterContinental Hotels Group PLC announced it has received an offer from Constellation Hotels Holding Ltd. to buy its historic InterContinental Paris – Le Grand Hotel.
Concord Hospitality Plans Hyatt House Hotel for Jersey City
Concord Hospitality Enterprises is developing a 258-room Hyatt House hotel in the Exchange Place district of Jersey City, N.J.