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Baha Mar Delays Opening

Baha Mar Delays Opening

Baha Mar, the $3.5 billion, 2,200-room megaresort in Nassau, Bahamas, will not begin its phased launch on March 27 as planned, according to Travel Pulse. The opening has been pushed back to early May. Officials blamed the latest delay on ...

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Centerbridge to Acquire Great Wolf Resorts

Centerbridge to Acquire Great Wolf Resorts

MADISON, Wis.—Great Wolf Resorts has entered into a definitive agreement and plan of merger with an affiliate of Centerbridge Partners whereby Centerbridge, a private investment firm, will acquire Great Wolf, a family of indoor waterpark resorts. Great Wolf is currently ...

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Virgin Hotels CEO Raul Leal on the Lifestyle Market

Virgin Hotels CEO Raul Leal on the Lifestyle Market

In January, the long-awaited Virgin Hotel Chicago opened its doors in the historic Old Dearborn Bank Building. Plans for the hotel were announced in the fall of 2011, more than a year after the four-star lifestyle brand launched. Now that ...

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Cornell Study Finds Hotel Guests Support Sustainability Efforts

Cornell Study Finds Hotel Guests Support Sustainability Efforts

ITHACA, N.Y.—Certain sustainability practices are nearly universal in the lodging industry, says a Cornell University study published by the Center for Hospitality Research (CHR). Water-conserving fixtures and linen-reuse programs, for instance, are widespread, based on the study of 100 U.S. ...

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La Quinta Announces Secondary Offering

La Quinta Announces Secondary Offering

La Quinta Holdings announced that certain selling stockholders affiliated with The Blackstone Group have commenced a secondary offering of 17,500,000 shares of La Quinta common stock. According to a news release, the underwriters will have a 30-day option to purchase ...

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