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DiamondRock Hospitality Acquires Key West Sheraton Suites

DiamondRock Hospitality Acquires Key West Sheraton Suites

BETHESDA, Md.—DiamondRock Hospitality Company has announced that it recently acquired the fee simple interest in the 184-suite Sheraton Suites Key West in Key West, Fla., for $94 million (or $511,000 per guest room). The purchase price represents a 12.8 multiple ...

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Sheraton Unveils Website Redesign

Sheraton Unveils Website Redesign

STAMFORD, Conn.—Sheraton Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, Inc., has revealed a first look at the brand’s all new visual identity with the re-launch of Sheraton.com. The revamped website features enhanced user access, as well as ...

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Wyndham Team Rappels 21 Stories for Addiction Awareness

Wyndham Team Rappels 21 Stories for Addiction Awareness

PARSIPPANY, N.J.—As part of the largest team to ever participate in the ‘Shatterproof Challenge’ to raise funds and awareness for the prevention, treatment, and recovery of addiction, Wyndham Hotel Group President and CEO Geoff Ballotti and a team of 26 ...

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R.D. Olson Opens Burbank SpringHill Suites

R.D. Olson Opens Burbank SpringHill Suites

BURBANK and IRVINE, Calif.—R.D. Olson Development has opened the 170-room SpringHill Suites by Marriott hotel in Burbank, California, adding to the growing list of completed projects for the Irvine, California-based developer. Executives from R.D. Olson Development and Marriott International were ...

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