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Dubai Hoteliers Surge as Part of Global Hospitality Explosion
May 09, 2008
Growth of global markets is providing an array of opportunities for hotel companies to expand worldwide. And certain pockets are exhibiting particular potential.
Service Counts
May 09, 2008
Choice Hotels International Inc. prides itself on its relationship-building efforts. According to francishees, the extra effort is paying off.
Boxer, Real Estate Hotshot Sells Stake in Promotions Business
May 09, 2008
Oscar De La Hoya, owner of real estate development company Golden Boy Partners, has entered into an agreement to sell shares in his Los Angeles-based boxing promotions firm Golden Boy Promotions to sports and entertainment venue developer and presenter AEG.
Teams Vie for Convention Center Expansion Project
May 09, 2008
Having recently received three proposals for the expansion of the 1.6 million-square-foot Anaheim Convention Center, the Anaheim City Council is now preparing to announce the winning bid at a meeting on June 10, according to an Orange County Register article.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
$375M in Funding to Kick Off Michigan Casino Project
May 07, 2008
The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority's closing on $375 million in financing.
Orlando Hotel Sold
May 07, 2008
The 507-room Holiday Inn SunSpree Resort has just been snapped up by Vista Hospitality Co.  according to the Orlando Business Journal.
W Hotels Debuts in Europe with W Istanbul
May 06, 2008
W Hotels Worldwide will mark its entry into Europe today with the grand opening of W Istanbul.
Loss of License Protects Tropicana Atlantic City from Corporate Parent’s Chapter 11
May 06, 2008
The Tropicana Atlantic City casino today said that it is not part of the Chapter 11 filing by corporate parent, Tropicana Entertainment L.L.C., and is continuing normal operations.
Greektown to Get New Co-Owner in $100M Deal
May 06, 2008
The Sault Ste. Marie Tribe of Chippewa Indians has agreed to sell a sizeable stake in its Greektown Casino in Detroit to Entertainment Interests Group L.L.C. for $100 million.
Uncertain Future for Historic Miami Hotel
May 05, 2008 - Source: Miami Herald
The Royal Palm hotel in South Beach has a great location, but has been a nightmare for investors, according to the Miami Herald.
CPNHospitality Q&A: Hampton Inns Cordell Speaks of Rebranding, Expansion Plans
May 05, 2008
Phil Cordell, senior vice president of Hampton brand management, Hilton Hotels Corp. spoke recently with CPNHospitality about the brands repositioning and expansion plans.
ING Real Estate, Grupo Carrousel, Operadore Punta Maroma to Develop $150M Resort in Mexico
May 05, 2008
ING Real Estate will partner with Grupo Carrousel and Operadora Punta Maroma to develop a new $150 million ocean front resort on Bahia Maroma along Mexico's Riviera Maya. The cost doesn't include the price of land.
Wynn Plans Two New Hotels for Vegas
May 05, 2008
Steve Wynn is yet again expanding his brand's presence in Las Vegas. The chairman and CEO of Wynn Resorts intends to build two new hotels and meeting space on 170 acres.
Upscale 259-Room Tampa Sheraton Comes Under New Ownership
May 05, 2008
A joint venture consisting of Square Mile Capital Management L.L.C. and Davidson Hotel Co. has acquired the 259-room Sheraton Suites Tampa Airport/Westshore. Host Realty Partnership L.P. sold the Tampa, Fla.-property just two years after having acquired it as part of a $4 billion, 35-hotel portfolio acquisition from Starwood Hotels and Resorts in April 2005.
Ghali Hill, Egyptian Developer Forge JV 
May 05, 2008
Construction management company Hill International and the Talaat Moustafa Group Holding Co. (TMG), one of Egypt’s leading residential and hotel developers, have agreed to form a joint venture “that will provide project and construction management services exclusively on TMG projects throughout Egypt and elsewhere in the world,” according to a prepared statement. 
Master Planner Picked for Denver-Area Retail Project
May 05, 2008
Plans for the Dacono Gateway Centre between Denver and Boulder, Colo., have come closer to fruition with the selection of a firm to design the project's master plan. Denver-based Norris Design got the nod recently from the developer, Orlando-based Jupiter USA. The project will encompass more than 500,000 square feet of retail, hotel, restaurant and office space on 132 acres, according to Jupiter USA.
Colony Capital, Eurazeo Seek to Hold 30 Percent of  Accor
May 05, 2008
Europe hotel giant Accor SA may soon have Colony Capital L.L.C. and Parisian private equity firm Eurazeo holding 30 percent of shares, according to Bloomberg News.
Residence Inn Dallas Firm Breaks Ground on Two Suburban Hotels
May 02, 2008
In an area sorely lacking a select service hotel with meeting space, Dallas-based Jackson-Shaw broke ground on two Marriott hotels and announced the completion of the first phase of The Cascades at The Colony, a 100-acre master-planned community located along the State Highway 121 corridor in the Dallas suburb of The Colony.
Construction Manager Tapped for $270M Washington Casino Expansion
May 01, 2008
The Kalispel Tribal Economic Authority has chosen Marlton, N.J.-based Hill International to serve as construction manager on the $180 million first phase of the $270 million Northern Quest Resort & Casino expansion project in Spokane, Wash.
Melco Developing Ski Resorts, Homes In China
May 01, 2008
Capitalizing on China's growing ski culture, Melco China Resorts, an associate of Melco International Development Ltd., has announced the launch of China's first ski and leisure resort, the redevelopment of other ski areas and the groundbreaking of a luxury mountain home project.
Philly Airport Area Considered for Casinos
May 01, 2008
State Senators Vincent Fumo and Reps. Mike O'Brien and Bill Keller, Democrats, have presented a measure to consider Harrisburg, Penn., near the airport, for Sugarhouse and Foxwoods casinos.
Waikiki Beachside Hotel to be Sold
April 29, 2008
Hawaii-based Colliers Monroe Friedlander and San Francisco-based PKF Capital have been selected by the owner of the Waikiki Beachside Hotel to market and sell the 12-story, 80-room, beachfront boutique hotel.
Colwood City Centre Rezoning Approval Pushes Forward $1.8B Canada Mixed-Use Project
April 29, 2008
The process of rezoning a nearly 14-acre parcel that is currently home to two retail centers in Colwood, Victoria, Canada progresses to the final stage, thereby paving the way for the development of a high density mixed-use project.
Westin Book Cadillac Detroit to Reopen in November
April 29, 2008
Detroit's Book-Cadillac Hotel is set to reopen in the fall as Westin Book Cadillac Detroit after closing its doors to the public almost 25 years ago, Detroit Free Press reported.
 

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