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Thomas Riley Joins Marcus Hotels & Resorts and MCS Capital

Thomas Riley Joins Marcus Hotels & Resorts and MCS Capital

MILWAUKEE—The Marcus Corporation has named Thomas P. Riley senior vice president of development for Marcus Hotels & Resorts and MCS Capital LLC. Riley has 22 years of experience in the lodging industry, including executive-level positions in acquisitions, development, and finance. ...

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Sheraton Dubai Creek Re-Opens Following $50M Renovation

Sheraton Dubai Creek Re-Opens Following $50M Renovation

DUBAI, United Arab Emirates—Starwood Hotels & Resorts Worldwide has announced the re-opening of the Sheraton Dubai Creek Hotel & Towers following an extensive $50 million renovation. Opened in 1978, the landmark hotel was the first Starwood hotel to open in ...

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Interval Leisure Group to Acquire Hyatt Residential Group

Interval Leisure Group to Acquire Hyatt Residential Group

MIAMI & CHICAGO—Interval Leisure Group and Hyatt Hotels Corporation have announced their affiliates have signed a definitive agreement for ILG to purchase Hyatt Residential Group for approximately $190 million. In addition, ILG will acquire Hyatt’s interest in a joint venture ...

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Ace Hotel Potentially Coming to Downtown Brooklyn

Ace Hotel Potentially Coming to Downtown Brooklyn

GFI Capital Resources is nearing a deal with the Ace Hotel chain to open a property in downtown Brooklyn, according to this report from the Commercial Observer. Allen Gross, president and CEO of GFI Capital Resources, acquired a site a few ...

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La Quinta Inns & Suites Launches Ready For You

La Quinta Inns & Suites Launches Ready For You

Whether on the road for business travel or leisure, many travelers find it frustrating to arrive at the hotel only to discover their room is not ready. To help make guests feel assured and to provide a travel convenience, La ...

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Paco Roncero to Launch Sublimotion at Hard Rock Ibiza

Paco Roncero to Launch Sublimotion at Hard Rock Ibiza

IBIZA—Paco Roncero, a renowned chef from Madrid with two Michelin stars, will launch his latest concept, Sublimotion, this summer inside the Hard Rock Hotel Ibiza. Roncero will also open the Estado Puro Restaurant at the resort this season. Sublimotion is ...

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