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Tag: hotel
W Hotel in Downtown Atlanta Sold
2015-07-06 19:45:33| Jewelry - Topix.net
A partnership led by Square Mile Capital Management LLC has completed the turnaround of the W Hotel Atlanta Downtown by selling it to Ashford Hospitality Trust. The 237-room hotel, which was acquired via deed in lieu of foreclosure in 2010, was sold for approximately $240,000 per room.
Tags: hotel
sold
atlanta
downtown
Newest hotel perk: Portable Wi-Fi
2015-07-06 19:41:25| Wireless - Topix.net
Here's an amenity you won't find at many hotels: Wi-Fi to go. All 19 Room Mate Hotels in Europe and the Americas, which have two properties in the USA, will be offering complimentary portable Wi-Fi.
Tags: hotel
newest
portable
wifi
Cantor Fitzgerald: 4 Buy Rated Hotel REITs To Consider
2015-07-04 17:23:51| Jewelry - Topix.net
On July 1, Cantor Fitzgerald analyst Gaurav Mehta published a research note updating earnings estimates, and raising the target price on three of its Buy rated lodging REITs. The based upon the new Cantor Fitzgerald price targets, these four hotel stocks offer investors potential total return opportunities from approximately 16 percent to 47 percent during the next 12 months.
Tags: buy
hotel
rated
consider
Mexico's biggest hotel operator to debut in Miami
2015-07-04 10:29:42| Food - Topix.net
Grupo Posadas, a major player in the Mexican hospitality industry, is joining forces with Las Vegas-based private equity firm Bighorn Capital to bring the GP's high-end boutique hotel brand, Live Aqua, to Miami. Per its agreement with Grupo Posadas, Bighorn Capital will invest $450 million to develop Live Aqua properties in Miami and four other United States markets - Los Angeles, Chicago, Houston and Washington, D.C. Grupo Posadas said these five markets were initially targeted for the new hotels because they have substantial Hispanic populations and attract numerous Latin American travelers that will help fill the hotels with guests.
Tags: hotel
miami
biggest
operator
Northwest San Antonio hotel is changing hands
2015-07-02 14:48:30| Real Estate - Topix.net
The Embassy Suites-Northwest I-10 hotel has a new owner. FelCor Lodging Trust Inc. has sold the 216-room property near Interstate 10 and Loop 410 to Hotel Capital LLC, an Indiana-based real estate investment firm.
Tags: hotel
san
hands
changing
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