Secondary Offering by LaSalle Hotel - Analyst Blog

Secondary Offering by LaSalle Hotel - Analyst Blog

In a concerted move to increase its liquidity, LaSalle Hotel Properties ( LHO ), a real estate investment trust (REIT), has recently announced a secondary offering of 8.0 million shares at $23.70 each.

Secondary Offering by LaSalle Hotel

In a concerted move to increase its liquidity, LaSalle has recently announced a secondary offering of 8.0 million shares at $23.70 each.

Starwood Books Upgrade as Hotel Demand Slows: Corporate Finance

The company's bonds yield 151 basis points, or 1.51 percentage points, more than similar-maturity Treasuries, closer to the 126 basis-point spread on debt rated A than the 209 basis points on its own BBB category.

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

Hotels fixing flaw that made room locks vulnerable to hackersUSA TODAYThe 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. The New York Marriott Marquis, the biggest hotel in Manhattan, for instance, just ...and more »

London is Europe's hotel construction capital

London, Moscow, Berlin and Hamburg are Europe's hotel investment hot spots. According to TOPHOTELPROJECTS (www.tophotelprojects.com), the worldwide leading provider of global b2b hotel data, the British capital currently counts 41 new top hotels with 8,100 rooms in the project pipeline. Moscow, with a population of 11,6 million by far Europe's largest city, comes in second place: 29 new hotels ...

Hotel Operator Pleads Guilty in $500 Million Ponzi Scheme

A hotel operator who prosecutors said defrauded more than 7,000 investors in a $500 million Ponzi scheme was sentenced in Chicago to five years in prison after pleading guilty to securities fraud.

300 Million People View TripAdvisor Content on Sites Other than TripAdvisor Each Month

NEWTON, Mass., Dec. 13, 2012 /PRNewswire/ --  TripAdvisor ®, the world's largest travel site*, today announced that the number of people who view TripAdvisor content on sites other than TripAdvisor has ...

$35 million mixed-use, hotel development for downtown Royal Oak moving forward

Royal Oak's Planning Commission gave "conceptual approval" to a $35 million mixed-use development in a former car dealership in Royal Oak.

$35 million mixed-use, hotel development for downtown Royal Oak moving ... - MLive.com

MLive.com$35 million mixed-use, hotel development for downtown Royal Oak moving ...MLive.comROYAL OAK, MI - Royal Oak's Planning Commission gave "conceptual approval" to a $35 million mixed-use development in a former car dealership in Royal Oak, the Royal Oak Daily Tribune reports. The development would include an eight-floor hotel, ...Hotel plan clears first hurdle in Royal OakRoyal Oak Daily Tribuneall 4 news articles »

City Council OKs convention center hotel deal

City Council OKs convention center hotel deal Houston Chronicle Copyright 2012 Houston Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 12:16 pm, Wednesday, December 12, 2012 Without a word of discussion, Houston City Council on Wednesday approved a $138 million economic development package to spur construction of a $324 million ...

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 »

Korean conglomerates enter business hotel fray

Seoul (The Korea Herald/ANN) - As the number of foreign tourists visiting Korea this year surpassed 10 million, the hotel business has become a rising star in the slumping economy.

Anaheim Council's $158-Million Hotel Subsidy Overturned - VoiceofOC

Anaheim Council's $158-Million Hotel Subsidy OverturnedVoiceofOCAn Orange County Superior Court judge Monday voided the $158-million room tax subsidy agreement to develop two four-star hotels in Anaheim's resort district, ruling that the City Council's approval of the deal violated California's open meetings law.

Moore plans $8 million hotel in hometown - Charleston Post Courier (subscription)

Moore plans $8 million hotel in hometownCharleston Post Courier (subscription)Shortly after donating $1 million to the music program at Claflin University in Orangeburg, South Carolina-born Wall Street financier Darla Moore turned her sights on improving her Pee Dee hometown. Moore and local officials in Lake City last week ...

Hotel's fate rests on point of law

The fate of Dunedin's proposed $100 million waterfront hotel could turn on a legal argument about its height. read more

$31 million hotel to open in Craigieburn - Business - News - Hume Leader - Hume Leader

Hume Leader$31 million hotel to open in Craigieburn - Business - News - Hume LeaderHume 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 ...

Simple flaw in hotel door locks leaves MILLIONS of guests vulnerable to ... - Daily Mail

Daily MailSimple flaw in hotel door locks leaves MILLIONS of guests vulnerable to ...Daily MailEarlier this year, it was revealed that more than four million hotel rooms were in jeopardy after a 24-year-old developer for Mozilla demonstrated how easily hotel door locks made by Onity could be disabled using a device he created for less than $50.Security Flaw In Common Keycard Locks Exploited In String Of Hotel Room ...ForbesLocal hotel thefts may involve security flawHouston ChronicleZero-day hotel keycard hack goes unfixed, now being used by Texas thievesExtremeTechGizmodo -SlashGear -Newserall 47 news articles »

Jungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ... - New York Real Estate Journal Online

New York Real Estate Journal OnlineJungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ...New York Real Estate Journal OnlineBrooklyn, NY Rosewood Realty Group (www.rosewoodrealtygroup.com) has closed on the $81 million sale of the landmarked Bossert Hotel, once known as the Waldorf Astoria of Brooklyn at 98 Montague St. in Brooklyn Heights. David Bistricer and Joseph ...

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 »

Security Breach Affecting 4 Million Hotel Room Locks: NEW ATTACKS ... - Hospitality Net (press release)

Security Breach Affecting 4 Million Hotel Room Locks: NEW ATTACKS ...Hospitality Net (press release)Chicago -- Aftermath from the recent security breach impacting more than four million electronic door locks installed worldwide continues to wreak havoc on the hotel industry. First disclosed by Forbes.com and presented at the BlackHat security ...