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La Quinta Releases Amended IPO Details

La Quinta Releases Amended IPO Details

It looks like La Quinta is heading back to the New York Stock Exchange, according to this tidbit from Nasdaq.com. The budget hotel operator, owned by Blackstone, announced that it has increased its proposed offering to $650 million in an amendment ...

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DoubleTree by Hilton Opens All-Suite Property at Savannah Airport

DoubleTree by Hilton Opens All-Suite Property at Savannah Airport

SAVANNAH, Ga.—Hilton Worldwide and DoubleTree by Hilton announced the opening of DoubleTree by Hilton Savannah Airport, an all-suite property located at the Savannah-Hilton Head International Airport. The four-story hotel, formerly the Cambria Suites Savannah Airport, debuts 97 renovated one- and ...

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White Lodging Eyes Chicago for Hyatt Hotels

White Lodging Eyes Chicago for Hyatt Hotels

It looks like Chicago-based Hyatt will soon have two more branded properties opening up in its hometown. According to this report from Crain’s Chicago Business, White Lodging and Albert Friedman have plans to develop a Hyatt Place and Hyatt House ...

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The Line L.A. Hotel to Utilize EB-5 Financing

The Line L.A. Hotel to Utilize EB-5 Financing

BEVERLY HILLS, Calif.—NMS Capital Group, a Beverly Hills based financial services firm, announced that its wholly-owned subsidiary, NMS Capital Securities has been engaged as the financial advisor in connection with an $85 million mixed-use hotel development project located in Los ...

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Waldorf Astoria New York Shows Students Opportunities

Waldorf Astoria New York Shows Students Opportunities

NEW YORK—Students from several New York high schools, all part of the Academy of Hospitality and Tourism (AOHT), were treated to a behind-the-scenes tour of the Waldorf Astoria New York. The event was part of National Groundhog Day, a national ...

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