The San Diego Convention Center, which late last year was nearly doubled in size, is itching to get a 1,200-room hotel built next to it. Four teams have lined up for that right. A winner should be selected by May.
March 6, 2002 Commercial Real Estate Direct Staff ReportBETHESDA, Md. – Host Marriott Corp.'s (NYSE:HMT) revenue per available room for the fourth quarter 2001 declined 28.3 percent while operating profit margins declined by 5 percentage points.The RevPAR decline was driven ...
March 5, 2002 LAS VEGAS – Aztar Corp. (NYSE:AZR) has completed its $166.5 million purchase of the Tropicana Resort and Casino.The Phoenix-based company paid $117.5 million and assumed $49 million of existing debt for the half interest it did not ...
March 5, 2002 KYOTO, Japan – Starwood Hotels and Resorts Worldwide Inc. (NYSE:HOT) and Kintetsu Hotel Systems have agreed to rebrand the Miyako Hotel as The Westin Miyako, effective April 1.The historic 110-year old Kyoto hotel is a city landmark. ...
A $30Mln deal with PDS Financial Corp. for the 19-story hotel at 202 Fremont St. fell thru last year.
includes two meeting rooms, an outdoor pool, an exercise room, and a restaurant and lounge
March 1, 2002 NEW YORK – Jackson Hsieh is joining UBS Warburg in April as a managing director and head of the firm's U.S. real estate, lodging and leisure investment banking group.Hsieh will be based in New York and report ...
March 1, 2002 BETHESDA, Md. – LaSalle Hotel Properties (NYSE:LHO) is offering $87 million of series A cumulative redeemable preferred shares, its first effort to raise capital via a preferred-stock sale. The shares carry a 10.25 percent coupon and can ...
February 28, 2002 NEW YORK – Within the next few months, Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) will likely sell up to $300 million of assets from its CIGA portfolio of luxury European hotels.That's according to Dow Jones Newswires, ...
February 26, 2002 CLEVELAND, Ohio – Boykin Lodging Co. (NYSE:BOY) has named Shereen P. Jones executive vice president and chief financial and investment officer, effective immediately.Jones will be responsible for capital raising as well as finance and investor relations and ...
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