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Jun-14, 2013
Copley Square Hotel hits the block as Boston's hospitality market surges
Boston Business Journal
The owners of the Copley Square Hotel are putting the 112-year-old property up for sale amid signs that the Boston hospitality market is poised for strong growth in the months ahead.
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Jun-13, 2013
Santa Monica hotel that shunned the ocean to be replaced
Los Angeles Times
With ocean views selling at a premium throughout Southern California, it can be dumbfounding to encounter a prominent downtown Santa Monica hotel that deliberately averts its gaze from the water.
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Jun-13, 2013
Strategic Hotels hires Eastdil for possible sale
Reuters
Luxury hotel owner Strategic Hotels and Resorts Inc has hired investment bank Eastdil Secured to explore a possible sale of the real estate investment trust, two sources familiar with the matter said this week.
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Jun-11, 2013
Ritz-Carlton Palm Beach to be renamed in owner takeover
The Palm Beach Post
The Ritz-Carlton Palm Beach, one of the island’s three luxury-brand five-diamond hotels, will get a new name and management company July 1, in a takeover by the property owners that punctuates a two-year court battle.
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Jun-12, 2013
Formidable foes rise to fight convention hotel
Portland Business Journal
A coalition of Portland hotel operators is forming to oppose the use of public funds to build a 600-room Hyatt-flagged hotel at the Oregon Convention Center.
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Jun-10, 2013
Chesapeake Hyatt Hotel Dips into Cash Reserves
Fox45 Baltimore
A government-backed hotel built in Maryland now finds itself unable to generate enough money to meet bond payments. Just last week the state-backed Chesapeake Hyatt Hotel was forced to dip into cash reserves to make payments on $160 million in bonds issued by the Maryland Economic Development Co.
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Jun-06, 2013
Boyd Gaming Sues Florida Hotel, Claims It Infringes ‘B’ Marks
Bloomberg News
Boyd Gaming Corp., operator of casinos in Nevada and seven other states, sued a Florida hotel chain for trademark infringement.
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Jun-06, 2013
Will Philadelphia Marriott be sold as convention business lags?
Philadelphia Inquirer
The possibility that the owner of the 1,408-room Philadelphia Marriott Downtown wants to sell it is raising eyebrows.
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Jun-05, 2013
Serrano Hotel on the market for $65 million
San Francisco Business Times
Kimpton’s 236-room Serrano Hotel has hit the market at a $65 million — or $275,000 per room — suggested price.
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May-30, 2013
Tribe in talks for hotel in next Mall of America expansion
Minnesota Public Radio
The Shakopee Mdewakanton Sioux Community may play a key role in the next proposed expansion of the Mall of America.