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Expedia Invests $26 Million in ALICE

Expedia Invests $26 Million in ALICE

New York–Hotel operations platform ALICE has secured $26 million in Series B funding from online travel giant, Expedia, Inc. The completed investment makes Expedia a majority shareholder in ALICE and deepens the commercial cooperation between the two companies that was ...

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Lennox Capital Partners Acquires The Westin St. Louis

Lennox Capital Partners Acquires The Westin St. Louis

ST. LOUIS–Lennox Capital Partners has acquired The Westin St. Louis from Norwalk, Connecticut-based HEI Hotels & Resorts. As part of the transaction, Lennox Capital Partners separately executed on a ground sale and lease back. The firm also announced that the ...

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Texas Storm Victims Won’t Pay Hotel Tax

Hurricane Harvey has wreaked havoc in Texas along the Gulf Coast, forcing thousands to evacuate their homes. With many displaced people staying in hotels and motels, Texas Governor Greg Abbot has announced that Harvey victims, as well as relief workers, ...

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Wilkinson Development Breaks Ground on Elliot Park Hotel

Wilkinson Development Breaks Ground on Elliot Park Hotel

YAKIMA, Wash.—Washington-based developer, Wilkinson Development, LLC (WD) broke ground on Elliot Park Hotel, a new Marriott Autograph Collection luxury full-service hotel in downtown Minneapolis, on Tuesday, August 1. Wilkinson Development is a wholly-owned subsidiary of Wilkinson Corporation. The total hotel ...

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