Monday, October 22, 2012

Thor Equities Refinances Chicago's Palmer House Hotel for $365M - Commercial Property Executive

Thor Equities Refinances Chicago's Palmer House Hotel for $365M - Commercial Property Executive

Thor Equities Refinances Chicago's Palmer House Hotel for $365M - Commercial Property Executive

Commercial Property ExecutiveThor Equities Refinances Chicago's Palmer House Hotel for $365MCommercial Property ExecutiveChicago's iconic, historic (dates to 1925) Palmer House Hilton luxury hotel has been refinanced by owner Thor Equities to the tune of $365 million, it was announced last week by Jones Lang LaSalle, which arranged the floating-rate financing package.

Ginger Hotels to treble presence in 4 years - Moneycontrol.com

Moneycontrol.comGinger Hotels to treble presence in 4 yearsMoneycontrol.comThe number of foreign tourist arrivals in India is expected to double to 12 million by 2021 from six million and the number of domestic travellers is also growing at a fast clip from 740 million. Pani expects more than 50 percent of future hotel supply ...and more »

Box office report: 'Paranormal Activity 4' possesses top spot with $30.2 million - CNN

TheHDRoomBox office report: 'Paranormal Activity 4' possesses top spot with $30.2 millionCNNThird place went to Hotel Transylvania, which is demonstrating impressive staying power as Halloween approaches. Sony's $85 million kiddie flick dropped 22 percent this weekend to $13.5 million, giving the film a terrific $119 million total. In just a ...Paranormal Activity 4 Tops Box Office with $30.2 MillionTheHDRoom'Paranormal Activity 4' tops weekend movie box office with $30 million debutPlain Dealer'Paranormal 4,' tops weekend box officeUPI.comBloomberg -PerezHilton.com -Examiner.comall 733 news articles »

Cincinnati bridge may land $100M hotel, retail development - Bizjournals.com (blog)

Cincinnati bridge may land $100M hotel, retail developmentBizjournals.com (blog)A $650,000 study will determine the feasibility of building a $100 million hotel and entertainment development on the closed Purple People Bridge, the Cincinnati Business Courier reports. The grant presented by state and local officials will pay for ...and more »

Bitbuzz Ireland surpasses one million registered users - Irish Examiner

Businessandleadership.comBitbuzz Ireland surpasses one million registered usersIrish Examiner"Earlier this year we announced a number of new partnerships in coffee shops, hotels and restaurants in the UK and Ireland that have had a big impact on the amount of logins and registered users we recorded." Some of the new contracts and partnerships ...Bitbuzz reaches1 million user milestoneBusinessandleadership.comall 5 news articles »

Hotel Room Locks Picked in Seconds

Holiday Inn Chain 'Expedites' Fix After ABC News Report

Downtown Jackson hotel proposals still just that - Hattiesburg American

Downtown Jackson hotel proposals still just thatHattiesburg AmericanThe Jackson Convention and Visitors Bureau estimates the city lost $15 million in economic impact over 12 months because the convention center doesn't have a hotel. That lack costs the center many events, especially multi-day meetings, said its general ...Let's make a (hotel) dealJackson Clarion LedgerJackson hotel proposals still just thatWJTVall 21 news articles »

Walsh plans high-rise hotel

The founder of Hobart's Museum of Old and New Art is planning to build a hotel at the Berriedale site as as tall as Wrest Point Casino.

$80 a night hotel for MONA - TheMercury.com.au

TheMercury.com.au$80 a night hotel for MONATheMercury.com.auA $25 million hotel at MONA could be operating in less than two years, with beds available for as little as $80 a night. Owner David Walsh is now presiding over two proposals for the Berriedale site one is a 90-room "aesthetically challenging" high ...Walsh plans high-rise hotelABC Online'MONA is now safe': art museum survives ATO stoushSydney Morning Heraldall 11 news articles »

Hotel upgrades, requested by guests, driving higher sales - Los Angeles Times

Hotel upgrades, requested by guests, driving higher salesLos Angeles TimesThat was the sentiment behind a $120-million redesign effort launched last year by Red Roof Inn at nearly 121 hotels across the country. The hotel improvements were made based on comments the Columbus, Ohio-based hotel chain received from ...and more »

The top films at the North American box office

LOS ANGELES (Reuters) - Following are the top 10 movies at North American box offices for the weekend starting October 19, led by "Paranormal Activity 4" at No. 1, according to studio estimates compiled by Reuters. 1 (*) Paranormal Activity 4.................$ 30.2 million 2 (2) Argo..................................$ 16.6 million 3 (4) Hotel Transylvania....................$ 13.5 million 4 (1 ...

McAreavey relatives to sue hotel

Relatives of murdered Irish honeymooner Michaela McAreavey are to sue the Mauritius hotel where she was strangled for damages that could top £1 million.

Buyer sought for W Fort Lauderdale Hotel & Residences

The W Fort Lauderdale Hotel & Residences is for sale, three years after the $430 million condominium-hotel was built.

Ensemble Hotel Partners Breaks Ground on First Hotel at The Navy Yard

Surrounded by City officials and hundreds of guests, Ensemble Hotel Partners, LLC, held a groundbreaking ceremony today for its new, $34 million hotel at The Navy Yard. The spectac

Dow Hotel Company Completes $16 Million Renovation of Hilton Long Island Huntington

The Dow Hotel Company , a hotel owner/investor and management company, today announced the completion of a $16 million renovation of the 304-room Hilton Long Island/Huntington in Melville, N.Y.

City centre Premier Inn hotel to go ahead

Politicians have given the go-ahead to plans to build a £7.5 million hotel in the city centre.

Multi-million dollar hotel project coming to Ajax

AJAX -- A multi-million dollar hotel project is coming to town. Ajax council recently approved an application for an 8,035-square-metre, six-storey hotel with 104 long-term-stay suites. Plans for the development...

Lexington council approves $1 million loan for 21c Museum Hotel

Lexington's Urban County Council has approved a $1 million loan for 21c Museum Hotel to hire low- to moderate-income workers as part of the financing package presented to the council by 21c president Craig Greenberg.

Summit completes $87 million hotel deal - Sioux Falls Argus Leader

Summit completes $87 million hotel dealSioux Falls Argus LeaderSioux Falls-based Summit Hotel Properties Inc. has finalized an $87 million acquisition of eight hotels affiliated with Hyatt Hotels Corp. The purchase adds more than 1,000 guestrooms to Summit's portfolio. The hotels are in five states, including the ...

$100 million hotel, mixed-use complex coming to Rockville - Gazette.Net: Maryland Community News Online

$100 million hotel, mixed-use complex coming to RockvilleGazette.Net: Maryland Community News OnlineConstruction is set to begin this year on a new mixed-use development project in Rockville Town Center on East Middle Lane, the site of a former indoor shopping mall. The $100 million development will include about 40,000 square feet of retail space ...

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