Hotel Investment News
Orient-Express Hotels to Acquire Two Award Winning Hotels in Sicily
Orient-Express Hotels Ltd. (NYSE: OEH, http://www.orient-express.com), owners or part-owners and managers of 50 luxury hotel, restaurant, tourist train and river cruise properties operating in 25 countries, today announced expansion plans in Italy. The Company has signed a binding agreement to purchase two distinctive properties in Taormina, Sicily from The Framon Group subject to completion conditions.
Rosewood Hotels and Resorts Announces Rosewood Hotel Georgia
Rosewood Hotels & Resorts is pleased to announce that it has been chosen by Delta Group to manage the legendary Hotel Georgia in Vancouver, Canada. Now known as Rosewood Hotel Georgia, the property is currently undergoing a full restoration and is scheduled to reopen in early 2011.
Omni Hotels Announces Convention Center Hotel Appointments
New Omni Dallas Hotel Appoints Seasoned, Proven Professionals to Key Leadership Positions with Netzhammer, Queisser and Others
Nemacolin Woodlands Intends to Apply for PA Casino License; Isle of Capri Casinos to Manage Facility
Nemacolin Woodlands Resort located in Farmington, Fayette County, Pennsylvania today announced it intends to file an application with the Pennsylvania Gaming Control Board for a resort gaming license. Additionally, Nemacolin Woodlands announced that it has reached a casino management and marketing agreement with Isle of Capri Casinos, Inc. (NASDAQ:ISLE) , one of the country’s most respected gaming operators, to manage the casino.
Oakwood Opens New Sukhumvit Property
Oakwood has added to their collection of apartments in Bangkok, with the opening of Oakwood Apartments Trilliant Sukhumvit 18 Bangkok, a new development located in the heart of Sukhumvit.
Mountain Exposure Wins A Star
Zermatt specialist Mountain Exposure is adding star quality to its luxury chalet dining with the introduction of a Michelin-starred chef. Super-chef Gerry Kirwan has joined the team in its flagship property The Lodge, and will be producing gourmet dinners and breakfasts for groups of up to ten clients until the end of this season in late April.
Starwood Hotels Completes Sale of Bliss Spas to Steiner Leisure for $100 Million
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced today that it has completed the sale of the Bliss spa and product company to Steiner Leisure Limited (Nasdaq:STNR) for $100 million. As part of the transaction, Bliss and Remède spas and amenities will remain exclusive to Starwood in the hotel category at W Hotels and St. Regis Hotels, respectively. Additionally, Starwood’s Aloft brand will continue to offer Bliss Tried+Blue amenities.
ROTANA Announces Further Expansion Plans
Rotana, the leading hotel management company in the Middle East and North Africa, has announced the expansion of its portfolio to 68 properties to open by 2012. This came as a result of new management agreements signed by Rotana for new properties across the region, including Cairo, Jordan, Oman, Iraq, Qatar, United Arab Emirates, and Saudi Arabia.
Atlanta Marriott Alpharetta Hotel Completes Upgrade
Setting the standard for in-room relaxation, the Atlanta Marriott Alpharetta is proud to announce completion of a $500,000 media upgrade which has made 37-inch HDTVs a standard feature in each of it more than 300 guest rooms. Hotel suites in Alpharetta, GA have also met a new standard of in-room technology as all rooms on concierge floors at the Atlanta Marriott Alpharetta have been upgraded to include 42-inch HDTVs.
The Renaissance Las Vegas Hotel Commemorates Five-Year Anniversary With Renovation and Celebration
As we welcome a new decade in January 2010, the Renaissance Las Vegas Hotel will celebrate its five-year anniversary with newly remodeled facilities, new menu items and exciting hotel promotions.
New ski facilities in Slovenia for the 2009/10 season
Several of Slovenia’s ski resorts have undergone developments for the 2009/2010 season, offering skiers and snowboarders new facilities and greater access to the country’s slopes.
Genares Worldwide Reservation Services is undergoing expansion to service its growing clientele
Fastest growing reservation services provider expands offices into Williams Square, Las Calinas