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What We're Reading

  • 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.

  • 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.

  • Jun-25, 2014

    Hyatt plans to sell 32 hotels

    Crain's Chicago Business

    Hyatt Hotels Corp. plans to sell a portfolio of 32 hotels that could be worth about $500 million.

  • Jun-25, 2014

    SEC says Harvey, advisor committed fraud in hotel deal

    Chicago Tribune

    Federal authorities have accused a troubled south suburb and a controversial municipal advisor of defrauding investors to prop up the ailing town’s finances while lining the pocket of the advisor and saddling taxpayers with millions in debt.

  • Jun-25, 2014

    Loews Hotels to pay $120 million for InterContinental O'Hare

    Crain's Chicago Business

    As it builds one hotel in downtown Chicago, Loews Hotels & Resorts is buying another one to go with it near O'Hare International Airport.

  • Jun-18, 2014

    Blackstone Said Near Deal to Buy Hotels for $800 Million

    Bloomberg News

    Blackstone Group LP is close to an agreement to buy a group of select-service hotels from Clarion Partners LLC for about $800 million, according to a person with knowledge of the deal.

  • Jun-13, 2014

    Starwood Capital looks to smash record with Baccarat sale

    The Real Deal

    Starwood Capital made headlines last year by asking $60 million for the penthouse at the Baccarat Hotel & Residences in New York. Now, it’s looking to sell the hotel portion of the development at a cost that works out to a record-breaking $2 million per room.

  • May-29, 2014

    Massachusetts Approves House Boston Convention Center Expansion

    Boston Herald

    The House overwhelmingly endorsed a $1.1 billion plan to expand the Boston Convention & Exhibition Center yesterday, in a bid to make the Hub a top five U.S. convention market.

  • May-12, 2014

    The Nines may have found savior in Maryland hotel trust

    The Oregonian

    The mystery company that bailed out The Nines hotel in downtown Portland with a buyout offer appears to be a Maryland hotel investment trust with a growing portfolio in the city.

  • May-10, 2014

    As clock ticks on stadium, L.A. considers hotel for Convention Center

    Los Angeles Times

    Acknowledging that their dreams of attracting a local NFL team may soon be dashed again, Los Angeles officials have begun laying the groundwork for the construction of a 1,000-room hotel on city-owned property that would directly connect to the Convention Center.

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