Hilton Hotel Owners Spend More Than $131 Million Upgrading 11 Hotels in Central U.S.

Hilton Hotels & Resorts, Hilton Hotels Corporation’s global brand of upscale, full-service hotels, today announced that eleven of its Hilton brand hotels in the central United States are in the process of completing renovations, which combined are valued at more than $131 million. These projects are part of an ongoing initiative by the Hilton brand to upgrade its facilities and guest accommodations in order to exceed guest expectations for... 

InnVest Real Estate Investment Trust announces adjusted monthly distribution

InnVest Real Estate Investment Trust (“InnVest” or the “Trust”)(TSX:INN.UN) announced today that it has declared a distribution of $0.0625 per unit payable on December 15, 2008 to Unitholders of record as at the close of business December 1, 2008. The November distribution represents a one third reduction from monthly distributions of $0.09375 per unit that have been paid since the Trust’s inception in 2002. “InnVest... 

MHI Hospitality Corporation Announces Completion of Crowne Plaza Conversion for Hampton Hotel

MHI Hospitality Corporation (Nasdaq: MDH – News) announced today that the Company has completed the conversion of its Hampton, Virginia hotel to the Crowne Plaza® brand, pursuant to a 10-year franchise agreement through its franchising entity, Holiday Hospitality Franchising, Inc. with InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)]. The Crowne Plaza® Hampton Harborside is the Company’s fourth Crowne Plaza® asset and...