AC Hotel Miami Beach Opens

Marriott International has opened the AC Hotel Miami Beach, furthering the AC brand’s U.S. expansion in the lifestyle sector. Designed by Miami-based Kobi Karp Architecture, the hotel’s interiors were imagined with a minimalist aesthetic, while clean and simple lines...

Northwood Investors to Sell New York Palace Hotel

New York-based Northwood Investors, a real estate investment and management firm, has entered into a contract to sell the New York Palace Hotel to Korea-based LOTTE Hotels & Resorts.

 With more than 79 affiliates and annual revenue of $74 billion in 2013, the...