Abu Dhabi hotels get 1.37 m guests as tourism flourishes - Arab News

AME InfoAbu Dhabi hotels get 1.37 m guests as tourism flourishesArab NewsAbu Dhabi has welcomed 1.37 million hotel guests between January and July showing an increase of 11 percent over the corresponding seven month period last year and remains well-placed to meet its annual target of 2.3 million. "While traditionally lower ...Abu Dhabi 'on track' to welcome 2.3 million visitors in 2012AME InfoAbu Dhabi on track to meet 2012 hotel guest targetWAM - Emirates News AgencyAbu Dhabi hotel guests up 11pcTrade Arabiaall 27 news articles »

IGB REIT IPO oversubscribed

KUALA LUMPUR: The institutional tranche of IGB Real Estate Investment Trust's (REIT) US$266mil listing is already oversubscribed, said two sources with direct knowledge of the matter, signalling strong demand for the deal.

Fire causes $5.6 million in damages at vacant Portland hotel - Statesman Journal

OregonLive.comFire causes $5.6 million in damages at vacant Portland hotelStatesman JournalPORTLAND — Fire officials say a dramatic fire at a vacant hotel in North Portland has caused an estimated $5.6 million in damages. Portland Fire & Rescue spokesman Michael Silva said arson has not been ruled out as a cause of the five-alarm fire that ...$5 million damage at former Hayden Island hotelThe ColumbianArson not ruled out in $5.6 million fire at vacant Portland hotelKING5.comHayden Island hotel blaze caused $5 million in damageKPTV.comOregonLive.comall 62 news articles »

Malaysia's IGB REIT's US$266m IPO oversubscribed, say sources

KUALA LUMPUR, Sept 3 — The institutional tranche of Malaysia's IGB Real Estate Investment Trust's US$266 million (RM828 million) listing is already oversubscribed, said two sources with direct knowledge of the matter, signalling strong demand for the deal. The deal is set to be Malaysia's fourth largest IPO this year and the REIT may become the ...

Moscow's Hotel Metropol up for auction - Washington Examiner

Moscow's Hotel Metropol up for auctionWashington ExaminerOver the past century, the Hotel Metropol has seen the extremes of Russian life, from austere revolutionary fervor to flashy pop indulgence. Now, at a starting price of 8.7 billion rubles ($272 million), the hotel is up for sale Thursday, auctioned off ...and more »

Airport Hotel chairman seeks more capital - The Nation

Airport Hotel chairman seeks more capitalThe NationSuvarnabhumi Airport Hotel's chairman is pushing for recapitalisation of Bt250 million to Bt400 million, hoping that patched-up internal conflicts will persuade shareholders to approve the proposal. "It's understandable why shareholders were reluctant ...

FelCor Sells Embassy Suites Hotel in Anaheim for $25.5 Million - Hotel News Resource

FelCor Sells Embassy Suites Hotel in Anaheim for $25.5 MillionHotel News ResourceFelCor Lodging Trust Incorporated (NYSE: FCH) announced that it has sold the 222-room Embassy Suites – Anaheim-North for $25.5 million to Urban Commons, LLC. FelCor will use the net proceeds to repay a portion of the $88 million balance on the CMBS ...

Licence extension for multi-million pound luxury hotel - East Lothian Courier

Licence extension for multi-million pound luxury hotelEast Lothian CourierLicence extension for multi-million pound luxury hotel. Sam Berkeley • Published 3 Sep 2012 09:30 Mobiles · Print Comments 0 Comments. Jump to first paragraph. Share this Facebook · Twitter · Google Buzz · Delicious · DIGG · Reddit · Stumbleupon ...

Hayden Island hotel blaze caused $5 million in damage - KPTV.com

Hayden Island hotel blaze caused $5 million in damageKPTV.comA day after a massive, five-alarm fire destroyed an abandoned hotel on Hayden Island, fire crews were still putting out spot fires on the property as investigators prepared to start looking for the cause of the fire. The fire started just before 3 a.m ...

Forecasts continued record levels of US hotel demand. - 4Hoteliers

Forecasts continued record levels of US hotel demand.4HoteliersAccording to the recently released September 2012 edition of Hotel Horizons®, PKF Hospitality Research, LLC (PKF-HR), is forecasting that on any given night in 2012, nearly 3.0 million of the nation's 4.8 million hotel rooms will be occupied. This is 5 ...and more »

Binghamton needs to pay off $2.8 million for hotel - Wall Street Journal

Binghamton needs to pay off $2.8 million for hotelWall Street JournalThe Press and Sun-Bulletin of Binghamton reports (http://press.sn/TNJsp3 ) that past difficulties with the hotel led to the city assuming responsibility for a $7.5 million debt owed to the federal Department of Housing and Urban Development. The city ...and more »

Moscow sells historic Metropol hotel for $277 million - Hindustan Times

NDTVMoscow sells historic Metropol hotel for $277 millionHindustan TimesMoscow on Thursday sold off for $277 million its landmark Hotel Metropol near the Kremlin, an iconic Art Nouveau building where Lenin once gave speeches and stars like Michael Jackson have stayed. Starting at 8.7 billion rubles ($270 million), the ...Moscow's Hotel Metropol Sold At Auction (PHOTOS)Huffington PostHistoric Moscow hotel sells for $276 millionVancouver SunMoscow's Metropol Hotel, luxurious witness to Russia's troubles and triumphs ...Washington PostABC Newsall 386 news articles »

Austin Davis CRE Program

Monday, September 3, 2012