HONG KONG, July 30 /PRNewswire/ — Celebrated in their home markets, five of Asia's most respected hotel operators — Dusit Hotels & Resorts in Thailand, Landis Hotels & Resorts in Taiwan, the Marco Polo Hotel Group in Hong Kong, Meritus Hotels & Resorts in Singapore and New Otani Hotels in Japan — have joined together … Read more
NEW YORK Donald J. Trump signed a binding contract to acquire the Hotel Delmonico in Midtown Manhattan, according to Sonnenblick-Goldman Company, which served as exclusive advisor to the seller. Sonnenblick-Goldmans international marketing effort secured 12 binding proposals from highly qualified buyers, according to Mark Gordon, head of the firms International Lodging and Leisure Group. … Read more
TORONTO–(BUSINESS WIRE)–Nov. 8, 2000–Four Seasons Hotels Inc. (NYSE:FS) (TSE:FSH.) today reported its results for the third quarter ended September 30, 2000. Net earnings increased 13.5 % to $23.1 million ($0.67 basic earnings per share) for the three months ended September 30, 2000, as compared to net earnings of $20.3 million ($0.60 basic earnings per share) … Read more
PARSIPPANY, N.J. (Jan. 6, 2002) Ramada Franchise Systems Inc., a unit of Cendant Corporation (NYSE:CD) that currently operates the Ramada franchise system in the United States, has completed its acquisition of rights to franchise Ramada hotels in Canada.
Frankfurt / Main, August 18, 2003. Since May of this year, SRS-WORLDHOTELS has expanded its portfolio by eight, signing new member hotels in Europe and the U.S. These include two independent properties in Germany, five across southern Europe and one in New York City.
Third-Largest Craft Brewer Releases Anniversary Wheaten Ales; Strengthens Presence in Northern California
Plans to Open First in-Arena Restaurants Are Underway
BETHESDA, MD October 16, 2002 Privately held RLJ Development, LLC (RLJ) is pleased to announce the addition of two more hotels to its portfolio. RLJ acquired the 357-room Hilton Garden Inn Chicago Downtown and the 216-room Courtyard Downtown Providence from FFC Hospitality for approximately $79.4 million. Wells Fargo Bank, N.A. provided senior debt … Read more
Developed in mid 1990s, the 54 room hotel opened in June 1996. The 26 room mid-1980s motel across the street was purchased as an addition to the property. An additional motel was developed in late 1999. The hotel has 54 Rooms, with either one king or two queen beds, air conditioned, private baths, direct dial … Read more
IRVING, Texas, July 15 /PRNewswire-FirstCall/ — FelCor Lodging Trust Incorporated (NYSE:FCH), one of the nation's largest hotel real estate investment trusts (REITs), today announced the acquisition of the 208-suite SouthPark Suite Hotel in Charlotte, North Carolina. The hotel was purchased for $14.5 million, or a cost per key of $70,000. FelCor will convert the all- … Read more