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What We're Reading

  • Oct-31, 2013

    Downtown Nashville's Wells Fargo Plaza office building under contract

    Nashville Business Journal

    Another downtown office building may be on its way to being converted into high-end condos or a hotel. Although no future plans have been revealed, multiple sources say high-end condos or a hotel are under consideration. The buyers are involved with hotels in other parts of the world.

  • Oct-25, 2013

    D.C. Chartered Health headquarters sold to hotel developer

    Washington Business Journal

    A D.C.-based hospitality company is checking in at embattled D.C. businessman Jeffrey Thompson's former healthcare company headquarters.

  • Oct-17, 2013

    W South Beach hit with foreclosure over massive loan

    South Florida Business Journal

    The W South Beach, one of the signature condo-hotel projects developed during the recession, could have its unsold units seized in foreclosure.

  • Oct-11, 2013

    Westin hotel could go up near Nashville's Music City Center

    The Tennessean

    An out-of-town development group is pursuing plans to build a Westin hotel on roughly an acre across from the new Music City Center.

  • Oct-08, 2013

    Extended Stay Hotel Chain Seeks Up to $500 Million in IPO

    Bloomberg News

    Extended Stay America Inc., the mid-price lodging chain owned by Blackstone Group LP, Centerbridge Partners LP and Paulson & Co., increased the amount it plans to raise in an initial public offering to as much as $500 million.

  • Oct-03, 2013

    Bill filed to greenlight $1B Boston Convention Center expansion

    Boston Herald

    Lawmakers may soon decide whether to launch a 
$1 billion expansion of the Boston Convention & Exhibition Center — a project that would add 1.3 million square feet of space, including additional exhibit and meeting areas and another, larger ballroom.

  • Sep-24, 2013

    Kirk Rose, Marcus Hotels & Resorts president, resigns

    Milwaukee Journal Sentinel

    Kirk A. Rose, president of Marcus Hotels & Resorts, "is leaving to pursue an opportunity to return to his roots in finance as the chief financial officer of a family office based in Chicago," according to a company statement issued Tuesday. Rose joined Marcus in January.

  • Sep-23, 2013

    Denver's Brown Palace Hotel for sale

    The Denver Post

    The owners of the Brown Palace Hotel and Spa said Monday they are selling the iconic property, which has changed hands only three times in its 121-year history.

  • Sep-26, 2013

    Bill Gates’s Cascade to Buy Four Seasons Hotel in Houston

    Bloomberg News

    Cascade Investment LLC, a company owned by Bill Gates, agreed to buy the Four Seasons Hotel Houston from Maritz, Wolff & Co. to capitalize on rising lodging demand tied to the region’s energy business.

  • Sep-26, 2013

    Westin Fort Lauderdale Hotel hit with foreclosure

    South Florida Business Journal

    The Westin Fort Lauderdale Hotel has been hit with a foreclosure lawsuit as it strugglers to compete with newer hotels closer to the beach.

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