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U.S. Hotel Pipeline Shows Modest Recovery

U.S. Hotel Pipeline Shows Modest Recovery

First quarter results show that the total U.S. pipeline has begun a modest recovery off the cyclical bottom established just a year ago in the first quarter of 2012. The improvement is a result of increases in both new project ...

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Carey Watermark Acquires Sonoma Mission Inn

Carey Watermark Acquires Sonoma Mission Inn

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired a joint venture interest in the Fairmont Sonoma Mission Inn and Spa from Fairmont Hotels and Resorts. Fairmont, the prior owner, will continue to manage the luxury resort under ...

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Starwood Capital Buys InTown Suites

Starwood Capital Buys InTown Suites

An affiliate of Starwood Capital Group, a global real estate investment firm, has agreed to buy the InTown Suites company and related real estate assets from Kimco Realty Corp., an owner and operator of neighborhood and community shopping centers. The ...

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The Lodge and Spa at Breckenridge Under New Ownership

The Lodge and Spa at Breckenridge Under New Ownership

FAIRFAX, Va.— Guest Services, a hospitality management company located in Fairfax, Va., has acquired The Lodge and Spa at Breckenridge, and is planning extensive renovations and enhancements in the coming months. The Lodge and Spa will remain open with uninterrupted ...

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Orange Lake Resorts Expands to Williamsburg, Va.

Orange Lake Resorts Expands to Williamsburg, Va.

ORLANDO, Fla.—Vacation resort developer Orange Lake Resorts, which operates ten properties, announced that it officially closed on a transaction with English Garden LV to expand its portfolio to now include Colonial Crossings Resort in Williamsburg, Va. The intent for this ...

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