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Strategic Hotels & Resorts Not to Proceed With Purchase of Hotel Development Space in Chicago

CHICAGO, Oct. 3 2008 - Strategic Hotels & Resorts, Inc. BEE, announced today the Company will not proceed with its previously announced contracted purchase of hotel development space at the Aqua Building, which is currently under construction and adjacent to the company’s Fairmont Chicago Hotel. Laurence Geller, President & Chief… [Read More]
(0) Comments • Posted on Oct 03, 2008 - 11:59 PM

Hodges Ward Elliott Completes $55 Million Financing for Denver Ritz-Carlton

DENVER, Oct. 3 2008 - Hodges Ward Elliott (HWE), the nation’s premier hotel brokerage and investment banking firm, today announced completion of a $55 million mortgage loan for the Ritz-Carlton Denver, a 202- room luxury hotel. HWE represented the owner, CJS Hotel, LLC, in the transaction. “Despite the recent turmoil… [Read More]
(0) Comments • Posted on Oct 03, 2008 - 12:28 AM

Rezidor announces the Radisson Resort & Spa, Tangier / Morocco

The Rezidor Hotel Group announces the Radisson Resort & Spa, Tangier in Morocco – the property with 155 rooms is scheduled to open in Q4 2010. It is Rezidor’s second resort in the country: in June this year the company signed the Radisson Resort & Spa, Saïdia (384 rooms and… [Read More]
(0) Comments • Posted on Oct 03, 2008 - 12:15 AM

New Holiday Inn Express Hotel & Suites Opens in Downtown Boston

ATLANTA (Oct. 2, 2008) – IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world’s largest hotel group by number of rooms announced today that a 72-room Holiday Inn Express Hotel and Suites will open in downtown Boston within a month, after a $3.5 million investment by the owner,… [Read More]
(0) Comments • Posted on Oct 03, 2008 - 12:08 AM

Choice Hotels Announces the First Cambria Suites Hotel for Rhode Island

SILVER SPRING, Md., Sept. 30 2008 - Development of the new upscale lifestyle hotel brand Cambria Suites continues to grow with the execution of another franchise agreement for a property in Middletown, Rhode Island—the first Cambria Suites hotel planned for the state. The hotel will be owned by Newport-based developer… [Read More]
(0) Comments • Posted on Sep 30, 2008 - 11:50 PM

Italy Provides Backdrop for Newly Renovated Luxury Hotel

BASILICATA, Italy 17 July 2008 - Nestled between the sparkling blue waters of the Tyrrhenian and the chiseled peaks of the San Biagio mountains is the medieval town of Maratea, where the newly renovated luxury hotel La Locanda Delle Donne Monache has opened its doors to global travelers. Originally built… [Read More]
(0) Comments • Posted on Jul 17, 2008 - 08:32 AM

The Hongkong and Shanghai Hotels, Limited Signs Heads of Agreement for a Proposed Hotel Development

HONG KONG, July 15 - The Hongkong and Shanghai Hotels, Limited (HSH) today announced that it has entered into a heads of agreement (HOA) with Qatari Diar Real Estate Investment Company (QD) for a proposed hotel development in Paris, France. The building is located on Avenue Kleber, one of the… [Read More]
(0) Comments • Posted on Jul 15, 2008 - 04:58 PM

Rezidor announces a new Park Inn in Germany

13 June 2008 - The Rezidor Hotel Group announces the Park Inn Papenburg – with this signing the company’s pipeline of hotels in operation and under construction in Germany reaches 45 properties. Park Inn Papenburg is a common project with Rezidor’s franchise partner Proventhotels; the 101 room-hotel is currently under… [Read More]
(0) Comments • Posted on Jun 13, 2008 - 10:08 AM

Carlson Hotels Worldwide Signs More Than 50 New Properties in the First Quarter of 2008

7 May 2008 - MINNEAPOLIS—Carlson Hotels Worldwide yesterday announced that it has signed franchise or management agreements for more than 50 new properties in the first quarter of 2008. The new hotels and resorts span 19 countries, including one Regent hotel; 14 Radisson properties; two Rezidor managed Radisson hotels; 18… [Read More]
(0) Comments • Posted on May 07, 2008 - 03:56 PM
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