Donald Trump To Buy Landmark Hotel Delmonico

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-Goldman’s international marketing effort secured 12 binding proposals from highly qualified buyers, according to Mark Gordon, head of the firm’s International Lodging and Leisure Group. … Read more

Four Seasons Hotels Inc. Reports Third Quarter 2000 Results, Management Earnings Increase By 30%

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

RLJ Development Acquires Hotels In Chicago And Providence

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

FelCor Lodging Trust Acquires the SouthPark Suite Hotel in Charlotte, N.C.

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