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La Quinta Confidentially Files for IPO

Following the huge Hilton IPO, Blackstone is continuing its momentum by filing an initial public offering for La Quinta. According to this post from Bloomberg, the prospectus was prepared under the Jumpstart Our Business Startups, or JOBS Act, which allows ...

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2013 in Review: Dynamic Hotel Renovations

2013 in Review: Dynamic Hotel Renovations

With funding for capital improvements loosening up, hotels across the country took on large-scale renovation projects to bring their properties up to modern-day standards. Here were some of the biggest hotel renovations to be completed in 2013: New York Palace– ...

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2013 in Review: Biggest Hotel Openings

2013 in Review: Biggest Hotel Openings

Each December we find ourselves in a difficult predicament—trying to narrow down what we consider to be the most exciting hotel openings of the year. With the industry bouncing back and hotel construction and development at a steady pace, we ...

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NewcrestImage Opens First Dual Branded Hotel In Dallas

NewcrestImage Opens First Dual Branded Hotel In Dallas

DALLAS, Texas—NewcrestImage has opened the Dallas area’s first dual branded hotel, featuring a 181-room Courtyard by Marriott and a 120-suite TownePlace Suites by Marriott. The property, which is managed by NewcrestImage, is located on 10 acres of a 52-acre site ...

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Andaz Peninsula Papagayo Opens in Costa Rica

Andaz Peninsula Papagayo Opens in Costa Rica

CHICAGO—Hyatt Hotels Corporation announced the opening of Andaz Peninsula Papagayo, Costa Rica’s anticipated new property and the second Andaz resort to open this year following Andaz Maui at Wailea in early September. Located on the northwest Pacific coast of the ...

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