Monday, December 24, 2012

Hotel overnights up 2%

Hotel overnights up 2%

Hotel overnights up 2%

Hotel overnights totaled 20.6 million in January-November 2012, 2% more than in the corresponding period of 2011.

Hotel overnights up 2% - Globes

Hotel overnights up 2%GlobesThe Central Bureau of Statistics reports that there were 11.5 million hotel overnights by Israelis in January-November and 9.1 million hotel overnights by foreign tourists. Room occupancy rate was unchanged from last year, at 67%. In November, Dead Sea ...

Roberts Benchmark Hotel on Union Sells for $3.2 Million

164 Union Ave. Memphis, TN 38103 Sale Amount: $3.2 million Sale Date: Dec. 5, 2012 Buyer: MNR Hospitality LLC Seller: RHG Memphis Hotel Inc. Details: ...

FireKeepers Casino Hotel buys lodging property

Emmett Township, Mich. — Owners of the FireKeepers Casino Hotel say they are buying a nationally branded hotel right next to the casino to diversify its business.

Maybourne Hotel Group Completes Its Planned Refinancing and Maintains Focus on Its Iconic Assets and Their Leading ...

London based Maybourne Hotel Group is pleased to announce that today it successfully completed its planned refinancing by signing £547 million in five year debt facilities lead arranged by Blackstone Real Estate Debt Strategies .

Laurus Corporation Acquires Hilton Hotel in San Antonio, Texas

SAN ANTONIO, Dec. 21, 2012 /PRNewswire/ --  Laurus Corporation , a U.S.-based private real estate investment and development firm, announced that it has completed the acquisition of the Hilton San Antonio ...

Expedia to buy stake in German hotel site

Expedia, the world's largest online travel agency, said Friday it's taking a majority stake in German hotel search site Trivago for about $632 million in cash and stock.With the acquisition of 61.6 percent ...

City's £1.7million hotel bill for homeless families - Glasgow Evening Times

Glasgow Evening TimesCity's £1.7million hotel bill for homeless familiesGlasgow Evening TimesGLASGOW spent £1.7million putting the homeless up in hotels last year as it failed to find suitable emergency accommodation for hundreds of people. Council bosses resorted to big budget chains to shelter more than 800 households, including families ...

DiamondRock Closes $74 Million Secured Financing On The Westin Washington D.C. City Center Hotel

BETHESDA, Md., Dec. 20, 2012 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it closed on a $74 million loan secured by a mortgage on its Westin ...

Site 'deserves better' than hotel design

Dunedin deserves better than the design of a 28-storey, $100 million hotel being suggested for the city's waterfront, a heritage building owner says. read more

Tribe to spend millions on hotel, travel plaza - The Lawton Constitution

Tribe to spend millions on hotel, travel plazaThe Lawton ConstitutionThe $12 million development proposal includes construction of a new hotel on tribe-owned land within walking distance of the Comanche Nation Casino off Interstate 44 exit 5 in Devol. Plans include construction of a 90-room hotel that would also have ...

Arandis to boost hotel next year

ARANDIS – Construction for a N$30-million hotel in Arandis in the Erongo Region has started.

Hospital Staff Scheme Buys Sh290 Million Hotel - AllAfrica.com

Hospital Staff Scheme Buys Sh290 Million HotelAllAfrica.comThe Moi Teaching and Referral Hospital Staff Pension Scheme has invested Sh290 million in a new eight storey building to be opened in Eldoret town. Speaking at the scheme's AGM at the weekend, prinicipal officer Agunda Ochanda assured members that ...

Contractor welcomes hotel

Dunedin building contractor Russell Lund says ''height is good'' and plans for a 28-storey waterfront hotel should be welcomed. read more

Guyana opposition blocks multi-million dollar Marriott hotel - Caribbean360.com

Guyana opposition blocks multi-million dollar Marriott hotelCaribbean360.comFinance Minister Dr. Ashni Singh expressing disappointment at the opposition vote, said they were not seeking more scrutiny or openness about the project but rather, they were intent on stopping the construction of the US$52 million hotel. He said the ...and more »

Downtown's $324 million hotel - Houston Chronicle (blog)

Downtown's $324 million hotelHouston Chronicle (blog)These renderings show the proposed 30-story convention center hotel proposed for a site just north of Discovery Green. The new project, for which the city approved $138 million worth of incentives last week, will be developed by Houston-based Rida ...and more »

Hotels fixing flaw that made room locks vulnerable to hackers - USA TODAY

Hotels fixing flaw that made room locks vulnerable to hackersUSA TODAYHotels fixing flaw that made room locks vulnerable to hackers: The locks on more than 1 million guestroom doors are in various stages of being repaired, following the revelation this summer that they may be vulnerable to hackers. (Photo: Brian Harkin ...and more »

City Council OKs convention center hotel deal - Houston Chronicle

City Council OKs convention center hotel dealHouston ChronicleHouston First will build a $31 million parking garage, with parking revenues covering its operations and debt service, and will be paid an annual fee for the hotel's use of the garage totaling $62 million over 50 years. That money will be split equally ...and more »

$31 million hotel to open in Craigieburn - Hume Leader

Hume Leader$31 million hotel to open in CraigieburnHume LeaderLocated on the corner of Aitken and Grand boulevards, the $31 million entertainment complex will boast a 390-seat restaurant and dining area, sports bar and gaming rooms, function rooms, and a lounge. Designed to be a family-friendly entertainment ...

Ramada Ajman completes AED10 million hotel renovation - Al-Bawaba

Ramada Ajman completes AED10 million hotel renovationAl-BawabaRamada Hotel & Suites Ajman, a premier destination for business and leisure travellers, has completed its AED10million hotel makeover and is now ready to offer a more luxurious accommodation to discerning guests. Additional 60 rooms have been ...and more »

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