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What We're Reading

  • Nov-12, 2013

    NAR could redevelop Chicago HQ as hotel, condominiums, offices

    Chicago Tribune

    A key parcel on the south end of Chicago's Magnificent Mile appears headed for redevelopment in an ambitious project that would include a high-end hotel, condominiums, offices and stores between North Michigan Avenue and Wabash Avenue.

  • Nov-14, 2013

    Tampa to seek proposals for new Ybor City hotel

    Tampa Tribune

    City officials plan to put out a call in the coming weeks for proposals to build a hotel at the western entrance to Ybor City, Tampa’s economic development chief said Thursday.

  • Nov-10, 2013

    New Yorker Hotel to get makeover

    Crains New York Business

    The New Yorker Hotel, a property once so glamorous that movie star Joan Crawford and then-Sen. John F. Kennedy stayed there, is trying to recapture some of its former stature. Its owners are sinking tens of millions into a major renovation that will double the number of rooms it operates, to 1,800--and make it the third-largest hotel in the Big Apple.

  • Nov-12, 2013

    Hilo’s Naniloa hotel sold to eRealty founder, marine artist Wyland

    Pacific Business News

    A partnership between eRealty Fund founder Ed Bushor and the marine artist Wyland is buying the Naniloa Volcanoes Resort from its bankrupt owner for $5.2 million and plans to turn the Hilo hotel into an evironmentally-friendly, artistic boutique hotel.

  • Nov-08, 2013

    Crowne Plaza Tulsa hotel faces foreclosure auction

    Tulsa World

    The Crowne Plaza Southern Hills has entered foreclosure and will be put up for auction. The 11-story, 286-room hotel at 7900 S. Lewis Ave., which remains in operation, has a tentative auction date of Dec. 10.

  • Nov-07, 2013

    Marriott Agrees to Buy Protea’s Hotel Brands

    Bloomberg News

    Marriott International Inc. agreed to buy the three brands and management business of Cape Town-based Protea Hospitality Holdings, a deal that would almost double the company’s rooms in Africa.

  • Nov-06, 2013

    Maryland buyer inks $26 million deal to purchase Renaissance Grand Hotel

    St. Louis Business Journal

    An affiliate of Haberhill LLC is in the process of acquiring the 917-room Renaissance St. Louis Grand Hotel from bondholders.

  • Nov-07, 2013

    Sale imminent for St. Louis Renaissance Suites Hotel

    St. Louis Business Journal

    Maritz Wolff & Co. is looking at buying the Renaissance St. Louis Suites Hotel and converting it to a Marriott Courtyard property.

  • Nov-01, 2013

    Hawaii’s BlackSand Capital, partners, purchase Ohana Waikiki West hotel

    Pacific Business News

    A partnership that includes Honolulu-based BlackSand Capital has acquired the Ohana Waikiki West for an undisclosed price in a leasehold purchase from the Queen Emma Land Co., and plans to upgrade the 659-room hotel into an upscale property.

  • Nov-04, 2013

    BlueMountain Makes Offer for Chatham Lodging Trust

    The Wall Street Journal

    BlueMountain Capital Management LLC offered to acquire Chatham Lodging Trust in a deal that values the company at roughly $565 million and also pushed it to seek higher offers.

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