Prism Hotels has deal to buy Sheraton in downtown Fort Worth - Fort Worth Star Telegram

Prism Hotels has deal to buy Sheraton in downtown Fort Worth - Fort Worth Star Telegram

Prism Hotels has deal to buy Sheraton in downtown Fort WorthFort Worth Star TelegramDallas-based Prism Hotels & Resorts has a contract to buy the Sheraton Hotel and Spa in downtown Fort Worth for $55 million, but the deal must be approved by a bankruptcy judge. The contract was filed Tuesday in the case involving 1701 Commerce Loc., ...

Greenwich REIT buys 15 hotels for over $200M - Ct Post

Greenwich REIT buys 15 hotels for over $200MCt PostThe Inland American deal, a $116 million transaction, involves hotels in the Southeast, Texas, Illinois and Arizona. Ten of the 12 hotels are branded under license agreements with affiliates of Hilton and Marriott, with the remaining two hotels ...and more »

Dalata expects earnings to rise by 40% as Dublin hotel performances improve

THE CHIEF executive of the State's largest hotel group expects earnings at the company to increase by 40 per cent on the €2 million recorded last year.

Newport looks at plans for 'old' City Hall site tonight - OCRegister

Newport looks at plans for 'old' City Hall site tonightOCRegisterNEWPORT BEACH – With the city getting ready for a big move into its new $131 million home in January, the council will talk Tuesday night about the future of the current City Hall site. Talks about the future development of the 4-acre site on the ...and more »

Dalata expects earnings to rise by 40% as Dublin hotel performances improve - Irish Times

Irish TimesDalata expects earnings to rise by 40% as Dublin hotel performances improveIrish TimesTHE CHIEF executive of the State's largest hotel group expects earnings at the company to increase by 40 per cent on the €2 million recorded last year. The Dalata Hotel Group, which is led by Pat McCann, operates 4,700 hotel rooms. It recorded earnings ...

Clapton's Watch, $25 Million Diamond, Biggest Krug Sale

The Archduke Joseph Diamond is the star lot of a Christie's International sale at the Four Seasons Hotel des Bergues, Geneva, on Nov. 13. The guitarist's 1987 perpetual calendar chronograph with moon phases is up for sale the day before valued at 4 million Swiss francs ($4.27 million).

Online agencies lose hotel tax case to Washington, D.C. - Travel Weekly

DCist.comOnline agencies lose hotel tax case to Washington, D.C.Travel WeeklyWashington, D.C., won a court ruling against online travel agencies (OTAs) over who's responsible for millions of dollars in annual hotel taxes when rooms are booked through intermediaries. The decision marks what may be the highest-profile legal ...DC Can Collect Sales Tax On Online Hotel Bookings, Says DC Superior CourtHuffington PostDC wins hotel tax suit against online travel booker Orbitz, othersWashington Postall 31 news articles »

Dominican Republic Hotel Complex Listed for Sale at $95.4 Million - Caribbean Journal

Dominican Republic Hotel Complex Listed for Sale at $95.4 MillionCaribbean JournalA group of RIU hotel properties in the Dominican Republic area of Puerto Plata is being put on the market for $95.4 million. Miami-based real estate brokerage Fortune International's FGD Group has the listing on the property, which includes 1,590 rooms ...

Chicago's Hotel 71 to be Sold and Eventually Managed By Wyndham - HotelChatter (blog)

Chicago's Hotel 71 to be Sold and Eventually Managed By WyndhamHotelChatter (blog)Since opening, it's had an unfortunate round of luck that started with an owner (Robert Falor) and his dream-turned-nightmare of a condo hotel plan. Defaulting on over $125 million in debt, the hotel was then sold to Canyon Capital Reality Advisors ...

Golden Gate hotel in downtown Vegas gets upgrade

A downtown Las Vegas hotel that opened in 1906 with rooms for $1 and became well-known for its 50-cent shrimp cocktail appetizers is marking the completion of a $15 million renovation and expansion project.

Another pub up for grabs as Dee Why Hotel goes on block - Sydney Morning Herald

Sydney Morning HeraldAnother pub up for grabs as Dee Why Hotel goes on blockSydney Morning HeraldOther sales were Norton's on Norton in Leichhardt, bought for an undisclosed sum by Peter Gallagher, the owner of the P.J. Gallagher's Irish Pub in the city, and the Hotel Coniston at Wollongong, bought by publican Jaz Mooney for $5.9 million. Both ...Bayfields to sell Dee Why HotelThe Shoutall 4 news articles »

Dearborn Hyatt to become a Radisson hotel

The Dearborn Hyatt Regency, whose golden center tower dominates the skyline near the Southfield Freeway, will become a Radisson Hotel and Conference Center Nov. 1.

Rockwood Arranges $13 Million Acquisition Financing for West Coast Hotel - Commercial Observer

Rockwood Arranges $13 Million Acquisition Financing for West Coast HotelCommercial ObserverNew York-based Rockwood Real Estate Advisors, which announced the launch of its West Coast platform earlier in September, has arranged $13 million in financing for Wheelock Street Capital's acquisition of a California hotel. Wheelock, headquartered in ...Rockwood Real Estate Advisors Arranges $13 Million in Financing for ...MarketWatch (press release)all 2 news articles »

Sheraton seeks $150m Sydney hotel expansion

Sydney's hotel scene is on the cusp of a major development spree with the Four Points by Sheraton Sydney, Darling Harbour, seeking approval for a $150 million plan to add an additional 231 rooms.

Hotel to be built in phases - Gloucester Daily Times

Hotel to be built in phasesGloucester Daily TimesBeauport has a 101-room, 61-foot tall, $25 million hotel planned for the site of the Birdseye building on Commercial Street. The company brought its design team in front of the Planning Board and city councilors last week, and presented its design ...

Hotel to be built in phases

While Beauport Gloucester LLC laid out how it will work construction on its proposed hotel around Commercial Street businesses, and promised no construction on Pavilion Beach, city officials say they have unanswered questions and a lot of homework t

$45 Million Guest Room Renovation Underway Redefines Atlanta's Iconic Westin Peachtree Plaza Hotel

The Westin Peachtree Plaza's prominent silhouette has stood out on the skyline as a symbol of Atlanta's southern hospitality for 36 years. The iconic John Portman-designed hotel is steeped in history, from numerous celebrity guests to the many memories made at the revolving Sun Dial restaurant, 72 stories above Atlanta.

Rockwood Real Estate Advisors Arranges $13 Million in Financing for Acquisition of 242-Room Marriott Pleasanton Hotel

Rockwood Real Estate Advisors, a full service real estate investment banking firm, announced today that they have arranged $13 million in financing on behalf of Wheelock Street Capital for the acquisition of the Marriott Pleasanton Hotel in Pleasanton, California.

Hotel Europejski renovation to launch in 2013

The historic Hotel Europejski building in Warsaw will undergo thorough renovation that will launch in the first quarter of next year and cost approximately EUR65 million. The prestigious facility is expected to re-open for business in the first half of 2015.

White Orchid Hotel to undergo S$20m upgrade

by Cheryl Tay