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Aloft New Orleans Downtown Slated to Open in 2015

Aloft New Orleans Downtown Slated to Open in 2015

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide has announced that its Aloft brand will debut in New Orleans in 2015, following the completion of an adaptive reuse project. The historic building will be transformed into a new Aloft Hotel in the ...

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Hilton Considering Sale of New York Waldorf Astoria

Hilton Considering Sale of New York Waldorf Astoria

Hilton Worldwide is looking to sell all or part of the historic Waldorf Astoria in Manhattan. In a phone interview with Bloomberg Businessweek on Thursday, Hilton CEO Christopher Nassetta said, “We may look to reposition the hotel,” but the company ...

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America’s Best Franchising Names New CEO

America’s Best Franchising Names New CEO

America’s Best Franchising has named Sterling F. Stoudenmire as the company’s new president and CEO, effective immediately, succeeding Doug Collins who has chosen to pursue new opportunities. Stoudenmire is highly-respected as an innovative transformation executive who has been assigned the ...

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Strategic Hotels’ Shares Rise Above 2008 Levels

Strategic Hotels’ Shares Rise Above 2008 Levels

While most hotel companies saw very positive gains in 2013, buoyed by strong fourth-quarter results, Strategic Hotels has had a better-than-expected trajectory. According to this report from Crain’s Chicago Business the Chicago-based real estate investment trust reported funds from operations ...

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