Owner: Hotel Real Estate URL:http://hotelrealestate.blogspot.com/ Join Date: Wed, 02 May 2007 17:40:02 -0500 Rating:0 Site Description: Hotel real estate news feed Site statistics:Click here
Sale of Sheraton Hotel Oklahoma City 2007-05-02 21:27:00 Molinaro Koger, announced today that the firm marketed and structured the sale of the SheratonHotelOklahoma
City to American Property Management Corporation (APMC) on behalf of an affiliate of Blackstone Real Estate Acquisitions V LLC. Following the sale, the 395-room upscale hotel will retain the Sheraton brand and undergo a $3.8 million renovation to public spaces. Read More..
Trump and Irongate Announce Spa Tower, Phase II of Trump Ocean Resort Baja, Mexico 2007-05-04 23:23:00 Following the success of the Lobby Tower
at TrumpOceanResort
, Trump Organization CEO Donald J. Trump and Irongate principals Jason Grosfeld and Adam Fisher have announced their next real estate release: Spa Tower at Trump Ocean Resort. North Baja’s first luxury hotel-condominium resort will bring an unprecedented level of design excellence and service to the North Baja peninsula. Read More..
Read more:Mexico
Mumbai's Hyatt: The new Times Square 2007-05-04 00:47:00 Mumbai's skyline could soon rival Manhattan's. Coming up, in Marine Lines, is south Mumbai's first large five-star hotel in the past 30 years. The Hyatt
hotel is being designed by international hotshot architectsRead More...
Read more:Mumbai
, Times
, Square
, Times Square
Boston's Ames Building to Become Boutique Hotel 2007-05-09 00:05:00 Normandy Real Estate Partners has announced that it is redeveloping the historic Ames Building
at One Court Street, Boston
, as a four-star 125-room boutique hotel. For this project, Normandy has partnered with Richard Kilstock of The Kilstock Organization, a British real estate development corporation that has renovated many historic propertiesMOre..
Read more:Hotel
, Become
, Boutique
Abu Dhabi expansion for KM Holding 2007-05-07 23:29:00 KM Holding, one of the fastest growing conglomerates in the Gulf, is looking to strengthen its presence in Abu Dhabi with the opening of a sales office in the emirate, as well as eyeing potential sites for real estate development.More...
Real estate developer buys Bolton 2007-05-06 23:41:00 Bolton Valley Resort President Bob Fries is stepping down and his partners have acquired his remaining shares in the company, the resort has announced.Larry Williams and Doug Nedde, owners of Burlington development company Redstone Commercial Group, bought out the one-third share.More..
Read more:Bolton
UAE’s fastest growing hotel chain launches its sixth property in Dubai 2007-05-05 23:57:00 Flora Group Hotels, a division of Pearl Investments that operates in the fields of hospitality, real estate, engineering and technical services and general trading, has unveiled its sixth property
in Dubai
and an ambitious three-year expansion plan at Arabian Travel Market. The hotel group caters for discerning travelers with a unique no-alcohol, family-oriented ‘home-away-from-home’ concept in the heart of Dubai.More..
Sea of galilee 40 acre resort land for sale 2007-05-13 11:10:00 In kfar nachum ( christian holy village ) 40 acre for sale in the sea of galilee north side, Great for Christians organizations, approval for 200 suites with the best view to the sea, price: 3 million $ , for more information: itimar@gmail.com
Investcorp Acquires US Hotel Portfolio for $450 million 2007-05-12 23:50:00 Investcorp has announced its acquisition of a group of hotels located in the United States in a series of transactions valued at $450 million
. This US HotelPortfolio
comprises nine hotels from the Marriott, InterContinental, Hilton and Starwood hotel groups,More...
Exclusive Resorts Announces $1 Billion in Luxury Real Estate 2007-05-11 00:00:00 Six months ago, Helium Report predicted ExclusiveResorts
would soon announce a $1 billion real estate portfolio (click here for our Nov 2006 analysis). Today, Exclusive Resorts officially confirmed the estimate in a press release declaring the luxury vacation club "owns more real estate than all other destination clubs combined."More...
Read more:Estate
, Luxury
El Tropicano Riverwalk Hotel Renovated 2007-05-16 03:24:00 New owners of the first hotel built along the Paseo del Rio are bringing back a familiar name and face - El Tropicano Riverwalk Hotel
. More...
Capital Estate boosts hotel stake 2007-05-15 03:09:00 Capital Estate
(0193), which is involved in property development and investment and also operates the Century 21 Hong Kong real estate franchise, has announced that it will acquire an additional 22.5 percent stake in three-star Hotel Fortuna in Macau for HK$160 million.More...
Hooters Hotel-Casino Sale Set for October 2007-05-13 23:40:00 LAS VEGAS-155 East Tropicana LLC, the owners of the 696-room HootersHotel
and Casino
here have signed a definitive agreement for the sale of the property and for the temporary leaseback of its casino operations.More...
Read more:October
York hotel is sold for £13m 2007-05-20 03:47:00 A TOP York hotel has been sold for a record sum of almost £13 million. The 99-bedroom Monkbar Hotel has been bought from Leisurepoint Ltd by Shiva Hotels, a privately-owned and expanding hotel group. More..
Mandarin Oriental Hotel to manage deluxe hotel in Beijing 2007-05-23 19:54:00 Mandarin Oriental
Hotel Group is to manage a deluxe hotel in Beijing
, marking the latest in a string of foreign hotel operators to enter the capital's competitive hospitality market.The hotel, part of the capital's upcoming landmark China Central Television (CCTV) development in its Chaoyang district, is due to open in the middle of next year.
Read more:Mandarin
Hot real estate: beach contels 2007-05-27 16:55:00 The motel-sized rooms are new, clean, furnished and each one is for sale to prospective buyers. They're not exactly hotel rooms and they're not exactly condominiums. They're contels, and they're the newest real estate trend to arrive at Hampton and Seabrook beaches.
Marriott plans for new Renaissance hotel in Paris 2007-05-25 21:28:00 When the 118-room RenaissanceParis
Arc de Triomphe opens its doors, it will be Bethesda-based Marriott
's eighth hotel in the Paris metropolitan area. On the new hotel's site is a historic banquet and ballroom. The property will also contain retail space.
Read more:plans
InterContinental to open new hotel in Dubai 2007-05-29 16:36:00 Dubai: InterContinental Hotels Group (IHG), the world's most global hotel company, has reinforced its commitment to Oman as a thriving business and tourist destination by announcing the development of a third Crowne Plaza hotel, in the thriving industrial community of Sohar.
Read more:Dubai
Marriott to co-brand with Nickelodeon in 20-hotel deal 2007-06-02 18:41:00 Marriott International Inc. and Viacom Inc.'s Nickelodeon cable network said Thursday at a New York press conference that they plan to build a chain of at least 20 family themed resorts by 2020.
Read more:Marriott
Hilton Sells Famed Washington Hotel 2007-05-31 16:34:00 Hilton Hotel
s Corp. has sold its Hilton Washington
hotel for $290 million to a group of investors led by Canyon Johnson Urban Fund, the investment vehicle of former basketball player Earvin “Magic” Johnson.
Read more:Hilton
Papermill for sale - again 2007-06-06 18:08:00 A historic riverside site is up for sale just eight months after it was taken over by property developers.
New York: Tudor Hotel Sold Out for $19.31 2007-06-04 16:44:00 Word got around lightening fast regarding The TudorHotel
’s special $19.31 summer weekend rate. So much so that they’re sold out. Save yourself a phone call and look into other New York
summer bargains.
Hotel values continuing to reach farther 2007-06-07 18:16:00 According to Stephen Rushmore, President and Founder of HVS, expect hotel valuations to start to ebb here in the U.S. starting in 2010 where prices will decline about one percent. In 2011 prices will decrease another five percent, Rushmore predicts, with smaller losses in 2012 and 2013.
Read more:Hotel
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