Sunday, November 11, 2012

Host Hotels & Resorts: A Dividend Paying Champion - Seeking Alpha

Host Hotels & Resorts: A Dividend Paying Champion - Seeking Alpha

Host Hotels & Resorts: A Dividend Paying Champion - Seeking Alpha

Host Hotels & Resorts: A Dividend Paying ChampionSeeking AlphaIn Q4-2012, the company expects to sell 3 hotels for $300-$400 million. Risks related to investing in the company remain, currency risk due to its exposure to Europe, and Asia via joint ventures, and a significant slowdown in the economy, which could ...and more »

Sioux City casino bid numbers don't tell the whole story - Sioux City Journal

Sioux City casino bid numbers don't tell the whole storySioux City JournalThe commission on April 18 will select one of the four projects -- the $118.4 million Hard Rock Hotel & Casino, the $122 million Warrior Casino & Hotel, the $160 million Hollywood Casino Sioux City or the $167 million Hollywood Casino Siouxland. The ...and more »

Drexel looks to branch out over rail yards

Drexel University's entrepreneurial president has set his sights on the possibility of building over and developing part of the Schuylkill Rail Yards, long ogled by visionaries for its expansive prospects yet largely untouched because of the potential infrastructure problems it poses.

Omni Dallas Hotel says year-one revenue is 24% above projections - Dallas Morning News

Dallas Morning NewsOmni Dallas Hotel says year-one revenue is 24% above projectionsDallas Morning News1 and Oct. 31, revenue from food, drink and rooms at the blue-sheathed hotel was about $56.72 million, or about 24 percent ahead of budget, Netzhammer said. Total operating revenue, including money from the hotel spa and gift shop, was $61.4 million.Omni's First Year Exceeds Revenue ExpectationsNBC 5 Dallas-Fort Worthall 2 news articles »

2007 proposal for Escondido Marriott hotel comes back to life - North County Times

2007 proposal for Escondido Marriott hotel comes back to lifeNorth County TimesThe developer, Hitesh Patel, said this week that he's nearly secured all the financing for the $14 million project, and that he hopes to break ground next April and open the hotel a year later. City officials and Escondido residents have long ...and more »

Airbnb guests spent $56 million in San Francisco - San Francisco Business Times (blog)

Airbnb guests spent $56 million in San FranciscoSan Francisco Business Times (blog)Airbnb, the online peer-to-peer property rental market, says its guests spent $56 million in San Francisco over a recent 12 month period, with the money supplementing income of people in need and benefitting neighborhoods that get relatively little out ...Airbnb Report Shows That Users Make Large Contribution To San Francisco ...Huffington Postall 2 news articles »

Hotel magnate files federal lawsuit trying to void $22 million Harrisburg ... - PennLive.com

PennLive.comHotel magnate files federal lawsuit trying to void $22 million Harrisburg ...PennLive.comHasu Shah, founder of the Hersha Hospitality Trust empire, claims in his suit that the Colorado-based firm which bought the Hilton in June got a rock-bottom price because of an insider deal that blocked other potential bidders from having a shot at ...

Airbnb Had $56 Million Impact On San Francisco: Study - Forbes

Airbnb Had $56 Million Impact On San Francisco: StudyForbesAs shown in he map, 72% of Airbnb properties are outside of the 6 zip codes with the most hotels in San Francisco. When travelers stay in these local neighborhoods, they spent in areas they normally wouldn't–a total of $15 million outside of those six ...Airbnb: Our Guests Stay Longer And Spend More Than Hotel Guests ...TechCrunchall 6 news articles »

Ascent Sotheby's tops $100 million in sales

VAIL, Colorado - Ascent Sotheby's International Realty has celebrated its third anniversary by surpassing $100 million in year-to-date sales through Sept. 30, in what is expected to be its most successful year since opening in O Copyright 2012 Vail Daily. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Vail Daily Ascent Sotheby's tops $100 ...

Updated SL Green Statement on Storm Damage

SL Green Realty Corp. has issued the following statement:

Glimcher Realty Trust Announces One Nineteen to Become Town Center Crossing

To further join Town Center Plaza and One Nineteen, Glimcher Realty Trust has announced it will rename One Nineteen: Town Center Crossing. Glimcher, one of the premier retail REITs

MacArthur & Company Sotheby's International Realty Announces Agent Rebecca Keliihoomalu's Appearance on HGTV's ...

HGTV returns to the Hawaii Island luxury villa, Shangri-La, with MacArthur & Company Sotheby's International Realty Agent, Rebecca Keliihoomalu.Kamuela, Hawaii (PRWEB) November 05, 2012 MacArthur & Company Sotheby's International Realty is pleased to announce that Top Producer, Rebecca Keliihoomalu, R(B), will appear on HGTV's "Million Dollar Rooms" featuring one of the world's most unique ...

Four Seasons New York Said to Get $900 Million Unsolicited Offer - Bloomberg

Four Seasons New York Said to Get $900 Million Unsolicited OfferBloombergThe sale of the hotel, which Warner bought in 1999 for $275 million, would be one of the priciest in Manhattan. The most recent transaction in the area was Strategic Hotels & Resorts Inc.'s (BEE) September purchase of the luxury Jumeirah Essex House, ...Offer Made for Four Seasons in New YorkWall Street Journalall 8 news articles »

Developers to seek OK for luxury hotel near Staples Center - Los Angeles Times

Los Angeles TimesDevelopers to seek OK for luxury hotel near Staples CenterLos Angeles TimesThe developers of a proposed $31-million hotel near Staples Center in downtown Los Angeles are ready to seek city approval to construct an indoor-outdoor complex in the brick shell of a condemned apartment building. Plans call for gutting the empty ...and more »

Assisted Living Concepts, Inc. Announces Third Quarter Results

Assisted Living Concepts, Inc. reported a net loss of $4.0 million in the third quarter of 2012 as compared to net income of $5.8 million in the third quarter of 2011.

S.Korea 'Tried to Invest $500 Million in N.Korean Hotel' - The Chosun Ilbo

The Chosun IlboS.Korea 'Tried to Invest $500 Million in N.Korean Hotel'The Chosun IlboReto Wittwer, the CEO of Kempinski Hotels & Resorts, during a seminar on Thursday said Ri Chol, North Korea's former ambassador to Switzerland, came to him and asked him to invest $500 million to help complete construction of the epically delayed ...Kempinski to Operate World's Tallest Hotel in North KoreaBloombergall 322 news articles »

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Finally, the BSE Sensex closed at 18,505, up 74 points over the previous close. It had earlier touched a day's high of 18,521 and a day's low of 18,398. It opened at 18,436.

Bids opened in Fairfield for Gerald Hotel refurbishment, but no deal yet

FAIRFIELD -- Contractor bids on the redevelopment of the historic Gerald Hotel were opened on Wednesday but a deal has not yet been struck with a bidder.

Universal Health Realty Income Trust Reports Financial Results For Three And Nine Months Ended September 30, 2012

KING OF PRUSSIA, Pa., Oct. 25, 2012 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE: UHT) announced today that for the three-month period ended September 30, 2012, reported net income was $3.0 ...

Acadia Realty Trust Reports Third Quarter 2012 Operating Results

Acadia Realty Trust today reported operating results for the quarter ended September 30, 2012. All per share amounts are on a fully diluted basis.

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