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SBE Recapitalizes at a $350 Million Valuation

SBE Recapitalizes at a $350 Million Valuation

SBE and Cain Hoy Enterprises announced a strategic investment partnership following a recapitalization of SBE, which set an enterprise valuation of $350 million for the hospitality, entertainment, and real estate development company. In addition to the investment, SBE and Cain ...

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Concord to Develop Renaissance Hotel at Westar Place

Concord to Develop Renaissance Hotel at Westar Place

WESTERVILLE, Ohio—The City of Westerville today announced an agreement with Concord Hospitality to build a full-service Marriott Renaissance hotel and conference center at Westar Place, the site formerly known as ALTAIR Business Park. Continental Realty/Continental Real Estate was also announced ...

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Mit Shah Named Chairman of La Quinta Holdings Board

Mit Shah Named Chairman of La Quinta Holdings Board

IRVING, Texas—La Quinta Holdings Inc. announced that Mit Shah has been appointed as chairman of the Board. “Mr. Shah has been an extremely valuable member of the Board, and we look forward to his leadership as Chairman,” commented Wayne B. ...

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B Hotels & Resorts Returns to Fort Lauderdale

B Hotels & Resorts Returns to Fort Lauderdale

A former Sheraton on Seabreeze Drive in Fort Lauderdale, Fla., has been reflagged as the B Ocean Resort. B Hotels & Resorts’ had opened a B Ocean property on North Fort Lauderdale Beach Boulevard in 2011, but Hospitality Properties Trust ...

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Madeline Hotel Names GM, Director of Residence Services

Madeline Hotel Names GM, Director of Residence Services

TELLURIDE, Colo.—Madeline Hotel and Residences has announced two recent appointments to the hotel’s staff. The property, now managed by Northview Hotel Group, has announced the appointment of Duncan Hogarth as general manager and Amanda Hess as director of residence services. ...

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