Indianapolis StarValue Place, a builder of extended-stay hotels, is building a 121-room hotel in Indianapolis. The four-story property at 9515 Pendleton Pike is due to open by late next summer. The company also plans to build an identical property west ...
The Kansas City StarThe Procaccianti Group, a Rhode Island hotel firm, has agreed to purchase the Sheraton Suites Hotel in the Country Club Plaza in Kansas City. The acquisition is part of an agreement to purchase a portfolio of hotels ...
The Florida Times-UnionHotelier Kanti Patel has paid $14.5 million for the Casa del Mar hotel in the Jacksonville, Fla., suburb of Vilano Beach, Fla. The 94-room hotel was sold by Ancient City Hospitality Group Inc. The hotel will be re-flagged ...
New York PostSaudi Prince Alwaleed bin Talal is said to be mulling an acquisition of InterContinental Hotels Group. However, according to the Post, a spokesman for the prince's Kingdom Hotel Co. wasn't looking to buy the company. Nonetheless, shares of ...
The Kansas City StarThe Procaccianti Group, a Rhode Island hotel firm, has agreed to purchase the Sheraton Suites Hotel in the Country Club Plaza in Kansas City. The acquisition is part of an agreement to purchase a portfolio of hotels ...
New York PostSaudi Prince Alwaleed bin Talal is said to be mulling an acquisition of InterContinental Hotels Group. However, according to the Post, a spokesman for the prince's Kingdom Hotel Co. wasn't looking to buy the company. Nonetheless, shares of ...
The Florida Times-UnionHotelier Kanti Patel has paid $14.5 million for the Casa del Mar hotel in the Jacksonville, Fla., suburb of Vilano Beach, Fla. The 94-room hotel was sold by Ancient City Hospitality Group Inc. The hotel will be re-flagged ...
Las Vegas Review-Journal El Ad Properties, an Israeli real estate investment group, has paid $1.2 billion for the New Frontier casino and 36 vacant acres along the Strip in Las Vegas. Phil Ruffin, a Wichita, Kans., businessman who acquired the ...
Investcorp has acquired a 96 percent interest in a portfolio of nine full-service hotels with 2,828 rooms from Procaccianti Group, in a deal valuing the properties at $450 million.Investcorp, whose parent is based in Bahrain and is capitalized largely by ...
Las Vegas Review-Journal El Ad Properties, an Israeli real estate investment group, has paid $1.2 billion for the New Frontier casino and 36 vacant acres along the Strip in Las Vegas. Phil Ruffin, a Wichita, Kans., businessman who acquired the ...
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