Window Shuts On Hotel Mega Deals - For Now
LOS ANGELES - U.S. hotel operators face 18 months to two years of "fairly difficult times" due to weakening consumer demand and economic uncertainty...
Lodging Loses Altitude
After a four-year run of steady revenue growth and profitability, hotel owners and operators can expect some air to come out of the balloon of the high-flying...
Midtown Atlanta Lures Luxury Hotelier
When native Atlantans think of the Loews brand, they're typically referring to the former Loews Grand Theater in which Gone With the Wind premiered in...
Will Hotel Investment Frenzy Fizzle?
The prosperity of the U.S. hotel industry has always tracked the fortunes of the general economy. The lodging sector sank into its last major downturn...
Demand For Hotel Mega-Deals Poised To Soften
Hotel investors will spend upwards of $45.3 billion this year, projects Jones Lang LaSalle Hotels, which would make 2007 the fourth straight year...
LAX Hotel Changes Hands
A Radisson Hotel located at Los Angeles international airport has sold for $93 million. San Diego-based Pacifica Cos. sold the 580-room hotel ...
Betting on Detroit
What happens in Las Vegas may stay in Vegas, but what's happening in Detroit is no secret. The Motor City has unveiled the $800 million MGM Grand Detroit...
Covering All Bases
Left-handed batter or right-handed batter? Interstate Hotels & Resorts is ambidextrous. Arguably one of the largest third-party hospitality operators...
Beijing Hotel Boom
As developers in Beijing rush to complete more than 10,000 new hotel rooms before the Olympics next summer, there is concern that the building surge could...
Will the Hotel Industry Overbuild?
In January, Ashford Hospitality Trust, a Dallas-based REIT, announced the $2.4 billion acquisition of 51 hotels that had been part of CNL Hotels and Resorts....
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