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Mar-23, 2012
New Balance Proposes Hotel as Part of New Boston HQ
Athletic shoemaker New Balance has proposed a 175-room hotel as part of a Boston-area mixed-use development that will include a new company headquarters.
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Mar-14, 2012
Great Wolf Resorts Agrees to be Acquired by Apollo Global Management
Great Wolf Resorts has agreed to be acquired by Apollo Global Management for $5.00 per share, or approximately $703 million including the assumption of debt.
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Mar-09, 2012
LaSalle Acquires Hotel Palomar, Washington, DC
LaSalle Hotel Properties has acquired the 335-room Hotel Palomar near Dupont Circle from a fund managed by Kimpton Hotel and Restaurant Group.
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Mar-06, 2012
Golden Nugget Owner to Acquire Isle Casino Hotel Biloxi
Houston-based Landry's Inc. has agreed to purchase the Isle Casino Hotel Biloxi for approximately $45 million from Isle of Capri Casinos Inc.
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Mar-02, 2012
Hersha Hospitality Trust Buys Rittenhouse Hotel in Philadelphia
Hersha Hospitality Trust has purchased the Rittenhouse Hotel and certain other portions of the Rittenhouse mixed-use building for $42 million.
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Mar-01, 2012
White Lodging Developing a Hyatt Place Hotel in Music City
White Lodging Services will begin construction this spring for a 255-room Hyatt Place hotel near Nashville's new Music City Center.
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Feb-29, 2012
Trump Buying Miami’s Doral Hotel & Country Club for $150 Million
The Trump Organization has agreed to buy Miami’s Doral Hotel & Country Club, including its famed Blue Monster golf course, from Paulson & Co.-controlled MSR Resort Golf Course LLC for $150 million.
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Feb-28, 2012
Former Starbucks Chief Named CEO of Extended Stay Hotels
Jim Donald, formerly President and Chief Executive Officer of Starbucks Corporation, has been named CEO for Extended Stay Hotels.
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Feb-20, 2012
Hedge Funds Put Up $95 Million for Travelodge Debt Restructuring
UK-based Travelodge Hotels Ltd. will get financing from two New York hedge funds to forestall bankruptcy.
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Feb-17, 2012
Swire Properties to Start Miami Brickell CitiCentre in Q2 2012
Hong Kong’s Swire Properties plans to start construction in the second quarter on a mixed-use center with a 243-room hotel.
