KUD International Developed Waldorf=Astoria to Open

Wednesday, November 11th 2009
KUD International Developed Waldorf=Astoria to Open

The Bonnet Creek Resort adjacent to Walt Disney World, featuring a 500-room Waldorf=Astoria, a 1,000-room Hilton Hotel and a Rees Jones signature golf course, celebrates its grand opening November 12. The 428-acre project, developed by KUD International LLC, headquartered in Long Beach, Calif., also features a 249,000-square-foot conference center and a 25,000-square-foot Guerlain spa. Key elements of the Manhattan Waldorf=Astoria were recreated... 

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

Saturday, January 31st 2009
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

Friday, November 21st 2008

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

Friday, October 10th 2008

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... 

John Q. Hammons’ Embassy Suites(R) Murfreesboro – Hotel & Conference Center Opens Ahead of Schedule

Saturday, September 13th 2008

The new Embassy Suites® Murfreesboro – Hotel & Conference Center in Tennessee at 1200 Conference Center Boulevard is open to the public. One of the largest facilities of its kind in the area, the 10-story, 283-suite hotel and conference center offers 80,000 gross square feet of flexible meeting and event space. Featuring a contemporary décor, the hotel is owned by hotel legend Mr. John Q. Hammons and is managed by Springfield-Mo.-based John... 

New Andaluz Hotel in Albuquerque to Use Novan Solar System for Hot Water

Wednesday, September 10th 2008

The new Andaluz, formerly the La Posada de Albuquerque Hotel, will reopen late this year in downtown Albuquerque, New Mexico with a 73-panel solar thermal system from Novan Solar Inc. of Golden, Colorado, that will provide domestic hot water for the hotel. The Novan system is part of the hotel’s redevelopment by Albuquerque developer Gary Goodman, representing one of the first historic remodels in the U.S. to conform to the energy efficiency... 

Sunstone Hotel Investors, Inc. Announces the Acquisition of Land Underlying its Renaissance Orlando Resort at SeaWorld

Saturday, September 6th 2008

Sunstone Hotel Investors, Inc. announced today that it has acquired 32.6 acres of land underlying its Renaissance Orlando Resort at SeaWorld, for a gross purchase price of $30.4 million. Prior to the acquisition by Sunstone, the land had been leased from a third-party. Ground rent under the lease is projected to be approximately $2.8 million in 2008. Sunstone acquired the land with available cash. Robert A. Alter, Chairman and Chief Executive Officer... 

Hilton Garden Inn Celebrates Milestone 400th Hotel Opening at Ottawa Airport Location in Canada

Wednesday, September 3rd 2008

Hilton Garden Inn®, one of the fastest growing brands that is part of the Hilton Family of Hotels, announced today the milestone opening of its 400th location, the Hilton Garden Inn Ottawa Airport in Ottawa, Ontario, Canada. The hotel represents the newest addition to the brand’s growing portfolio of hotels throughout North America and Europe. The Hilton Garden Inn Ottawa Airport is operated by Bona Building and Management, Ltd., under a license...