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Oct-08, 2014
Four companies vying for New Orleans riverfront project
New Orleans Times-Picayune
A New Orleans-based team of developers, two national companies and a Miami group are competing to transform 47 acres of unused land on the Mississippi River owned by the Ernest N. Morial Convention Center into a hotel, shopping, residential and entertainment district.
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Oct-02, 2014
BlackHouse to buy Hudson Yards Site for Condo-Hotel Development
The Real Deal
Sean Ludwick, developer and managing partner at BlackHouse Development, is in contract to acquire a two-story gentlemen’s club in the Hudson Yards neighborhood in an effort to construct a 46-story condo-hotel tower on the site, The Real Deal has learned.
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Sep-16, 2014
Trump SoHo Hotel Lender Plans to Put Property Up for Sale
The Wall Street Journal
A lender to Trump SoHo, the upscale Manhattan hotel and condominium that Donald Trump unveiled on his television show "The Apprentice," is foreclosing on the property and putting it up for sale, said people familiar with the matter.
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Sep-09, 2014
Vornado Chief Plans ‘Seven-Star Hotel’ By Central Park
The Wall Street Journal
When landlords Vornado Realty Trust and the LeFrak Organization gave notice nine months ago that they would be demolishing the home of a cherished Manhattan bookstore, speculation was rampant about what the two property titans would build on the site. Now it appears there is an answer.
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Aug-22, 2014
Blackstone buying Westin Harbour Island land
The Tampa Tribune
The owner of the Jackson’s Bistro and Westin Harbour Island hotel property has made a deal to sell the sites to the New York-based private equity company Blackstone. Price: $49.5 million.
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Aug-11, 2014
Inland American to Spin Off Hotels Into Public REIT
Bloomberg News
The new REIT, to be called Xenia Hotels & Resorts Inc., will own 46 hotels in 19 states and the District of Columbia and a majority stake in two properties under development, Oak Brook, Illinois-based Inland American said in a statement today. The hotels include brands such as Hyatt, Hilton and Marriott.
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Aug-13, 2014
JW Marriott Ihilani to close next year and likely become Four Seasons
The Honolulu Star-Advertiser
The JW Marriott Ihilani hotel at Ko Olina Resort & Marina will close next year and be converted into another luxury hotel likely under the Four Seasons name.
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Aug-04, 2014
Las Vegas Strip parcel has new owner, but future hazy
Las Vegas Review Journal
Australian billionaire James Packer said he acquired controlling interest in the nearly 35-acre site and will form a yet-to-be-named company to build a hotel-casino on the land in partnership with former Wynn Las Vegas President Andrew Pascal and investment firm Oaktree Capital Management.
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Jul-14, 2014
Four Seasons Hotels & Resorts may be eyeing Ko Olina Resort on Oahu
Pacific Business News
Four Seasons Hotels & Resorts, which currently manages four luxury hotels and resorts in Hawaii on three Neighbor Islands, may be expanding to the Ko Olina Resort in West Oahu.
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Jul-10, 2014
Langham hopes to build second hotel in Chicago
Chicago Tribune
The Hong Kong-based parent company of the luxury Langham hotel in Chicago is looking to build a second hotel here after losing a bid to buy Oprah's studios in the West Loop and construct one there, Langham Hospitality Group CEO Bob Warman said in an interview this week.