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Dec-01, 2011
Seven Developers Pitch Plans for Brooklyn Bridge Park Hotel
The Brooklyn Bridge Park Development Corporation has received seven proposals for development of a hotel and residential complex at Brooklyn Bridge Park.
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Nov-29, 2011
Kerzner Turns Over Paradise Island Resort in Debt Restructuring
Kerzner International will turn over its flagship Bahamas resort to as part of a debt restructuring deal.
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Nov-28, 2011
Digicel Group Planning Full-Service Port-au-Prince Hotel
Digicel Group has announced plans to develop a full-service Marriott hotel in Port-au-Prince.
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Nov-22, 2011
Mass. Gov. Signs Law Allowing Three New Casinos
Massachusetts Gov. Deval Patrick has singed legislation allowing for up to three resort casinos an one slots parlor in various locations throughout the state.
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Nov-03, 2011
Hospitality Properties Trust to Acquire Sonesta International
The parent company of Hospitality Properties Trust (HPT), has agreed to acquire Sonesta International Hotels Corp.
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Nov-01, 2011
Noble Merges Management Business with Interstate Hotels
Atlanta-based Noble Investment Group has merged its hotel operating business with Interstate Hotels & Resorts.
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Oct-28, 2011
Sonesta International in Merger Talks
Sonesta International Hotels Corp. is in talks with unnamed parties about a possible merger transaction.
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Oct-27, 2011
Cerberus-Chatham Complete Innkeepers Acquisition
Chatham Lodging Trust and Cerberus Capital Management LP have completed the acquisition of 64 hotels from Innkeepers USA Trust.
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Oct-25, 2011
Marriott to Spin Off Timeshare Business
The board of directors of Marriott International Inc. has approved the the spin-off of the company's timeshare subsidiary, Marriott Vacations Worldwide Corporation.
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Oct-19, 2011
Innkeepers USA and Cerberus-Chatham Reach Settlement in Acquisition Agreement
Innkeepers USA Trust has reached a settlement with Cerberus Capital and Chatham Lodging Trust regarding an agreement by a Cerberus-Chatham joint venture to acquire 64 Innkeepers hotels.