by Alissa Ponchione | Jun 17, 2011 | News
San Francisco’s hotel deal volume is expected to range from $400 million to $500 million in 2011, according to a new report from Jones Lang LaSalle Hotels (JLLH). To date, transactions worth $220 million have already occurred. The firm’s projection...
by Alissa Ponchione | Jun 17, 2011 | News
The InterContinental Sao Paulo has finished the first stage of a multi-phase renovation of the property. Brazilian architect Patricia Anastassiadis spearheaded the project, which touched upon the lobby; restaurant; and half of the hotel’s 194 guestrooms, now...
by Alissa Ponchione | Jun 17, 2011 | News
Anchoring Fremont Street in downtown Las Vegas, the Plaza Hotel and Casino will reopen in September following a $35 million renovation. The overhaul touched upon the property’s 1,037 guestrooms, gaming floor, and restaurants. Accommodations were stripped from...
by Alissa Ponchione | Jun 16, 2011 | News
Benchmark Hospitality International has formed the Personal Luxury Collection following its merger with MTM Luxury Lodging. Benchmark CEO Burt Cabañas says the collection addresses “the new opulence,” focusing on service and amenities personally...
by Alissa Ponchione | Jun 16, 2011 | News
Choice Hotels opened 35 franchised properties in May, spanning 22 states and four additional countries. The openings add more than 2,700 rooms to the company’s existing 490,000-plus rooms. Key hotels include the Lane Hotel, an Ascend Collection hotel in Keene,...