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Business + People
Perkins Eastman Announces 2015 Promotions
The global architecture and design firm promoted 10 employees to senior-level principal positions.
September 9, 2015
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Business + People
Blackstone Acquires Strategic Hotels & Resorts for $6 Billion
Blackstone agreed to buy Strategic Hotels & Resorts for $6 billion, including all outstanding debt and outstanding shares of stock for $14.25 per share in cash.
September 8, 2015
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Business + People
Study Reveals Moderate Growth in the Brazil Sector
Despite continued growth, findings based on data collected from more than 460 hotels, resorts, and condo hotels suggest that last year’s RevPAR increase was less than in previous years.
August 21, 2015
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Business + People
Geolo Capital and Wanxiang America Partner to Invest in U.S. Hotel Properties
The newly formed partnership has already committed to a combined investment of more than $400 million in hotel properties and plans to investigate additional real estate opportunities.
August 17, 2015
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Business + People
HVS Reports a Decline in the UK Hotels Market
While average regional RevPAR in the UK sector increased by 21 percent during the third quarter of 2014, growth declined to 5 percent by the second quarter of 2015.
August 14, 2015
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Business + People
Trump Organization Names Eric Danziger CEO of the Trump Hotel Collection
Danziger will lead the 14-hotel portfolio’s global operations, brand strategy, and growth.
August 12, 2015
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Business + People
Trump Organization Names Eric Danziger CEO of the Trump Hotel Collection
Danziger will lead the 14-hotel portfolio’s global operations, brand strategy, and growth.
August 12, 2015
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Business + People
Xenia Hotels & Resorts Acquires Boston’s Hotel Commonwealth
Following a renovation to wrap up this November, the transaction will close early next year.
August 12, 2015
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Business + People
Wyndham Hotel Group Reports Record Growth in Latin America and Caribbean
With more than 146 properties currently in the region, the new growth is based on the hotel group’s addition of 11 properties between this April and June.