Denver, CO (August 25, 2010) Stonebridge Companies, a progressive hospitality management company based in Englewood, Colorado, has been selected by Stoneridge Capital Partners, a private real estate investment company based in Newport Beach, California to manage their newly acquired Holiday Inn Hotel & Suites Denver Airport and the Holiday Inn…
[
Read More]
(0)
Comments • Posted on Aug 26, 2010 - 05:19 AM
PHILADELPHIA and GREENWICH, Conn., June 4 - Starwood Capital Group and Hersha Hospitality Management (“HHM”) announced today that they have entered into an agreement that will provide Hersha the resources to expand its highly successful platform across the United States. The transaction brings together two of the best known names…
[
Read More]
(0)
Comments • Posted on Jun 04, 2010 - 05:08 PM
Columbus, April 8, 2010 – CBRE Hotels represented Rossford Lodge, Inc. in the $4.8 million sale of The Country Inn & Suites located in Rossford, Ohio. Eric Belfrage led the sale of the 80-room hotel; the buyer was Mohammed Merchant of Orlando, Florida. “This hotel is a new mid-price asset…
[
Read More]
(0)
Comments • Posted on Apr 14, 2010 - 06:48 PM
SOUTHLAKE, Texas, April 6 2010 - Sabre Travel Network, the world’s leading provider of high performance solutions for the travel industry, and British Airways, the UK’s leading international airline, have signed a new three-year global distribution agreement, providing agencies and corporations around the world with continued access to the airline’s…
[
Read More]
(0)
Comments • Posted on Apr 08, 2010 - 09:17 PM
White Plains, NY, April 8, 2010 – In a significant vote of confidence for India’s burgeoning travel market, Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) – which already boasts the largest upper-upscale and luxury Indian footprint of any U.S.-based hotel company – is launching a major expansion of its…
[
Read More]
(0)
Comments • Posted on Apr 08, 2010 - 08:28 PM
6 April 2010 - In a sign the business climate for hotel transactions may be improving, an affiliate of InterContinental Hotels Group (“IHG”), has sold a 300-room Holiday Inn hotel in Lexington, KY. IHG’s affiliate, Holiday Pacific Partners Limited Partnership, sold its leasehold interest in the property on which the…
[
Read More]
(0)
Comments • Posted on Apr 07, 2010 - 05:56 PM
EMERYVILLE, Calif., Apr 05, 2010 - Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) announced today that it has extended the expiration date of its exchange offer to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) for a combination of cash and stock valued at $26.00 per share. The exchange offer, which commenced…
[
Read More]
(0)
Comments • Posted on Apr 05, 2010 - 09:25 PM
WASHINGTON, March 9 - AARP and Restaurant.com today announced a new relationship that will make an exclusive discount available to AARP members on the 25,000 daily gift certificate options offered on Restaurant.com. The new AARP Restaurant Discount Center powered by Restaurant.com is available by visiting (http://www.aarp.org/restaurant). The site allows AARP…
[
Read More]
(0)
Comments • Posted on Mar 09, 2010 - 05:12 PM
CHICAGO, March 9 - WineMcGee.com today announced its integration with Wine.com and creation of a vivid wine database including flavor profiles, food pairings, professional ratings, and consumer reviews on over 45,000 wines. The wine database extends the wine tasting, personal wine management, and social networking technology at WineMcGee.com. The integration…
[
Read More]
(0)
Comments • Posted on Mar 09, 2010 - 05:09 PM
ROANOKE, Va., March 8 - Western Sizzlin Corporation (“Western”) (NASDAQ:WEST) announced today that it has commenced the mailing of a definitive proxy statement/prospectus (the “Proxy Statement/Prospectus”) in connection with the proposed acquisition of Western by The Steak n Shake Company (“Steak n Shake”) (NYSE:SNS). The Proxy Statement/Prospectus is being mailed,…
[
Read More]
(0)
Comments • Posted on Mar 09, 2010 - 12:30 AM