Home / Finance + Development / Development (page 172)

Category Archives: Development

Feed Subscription

Caribbean Hotels Trending Upward

Caribbean Hotels Trending Upward

ATLANTA—PKF Consulting USA (PKFC) announced that the average Caribbean hotel enjoyed a 10.9 percent increase in net operating income (NOI) in 2012, according to its newly released 2013 edition of Caribbean Trends in the Hotel Industry. This is the second ...

Read More »

Marriott to Sell Three Edition Hotels

Marriott to Sell Three Edition Hotels

BETHESDA, Md.—Marriott International has recently entered into a non-binding letter of intent for the sale of three Edition hotels subject to long-term management agreements. The three hotels (located in London, Miami Beach, and Manhattan) are currently owned by Marriott and ...

Read More »

The Pearl Opens in Rosemary Beach, Fla.

The Pearl Opens in Rosemary Beach, Fla.

ROSEMARY BEACH, Fla.—The Pearl opened its doors this week in Rosemary Beach, Fla., bringing a new luxury property to Florida’s Emerald Coast. The Pearl, a 55-room boutique property, offers guestrooms stocked with complimentary Nordaq FRESH water and fresh juices, in-room ...

Read More »

Best Western Opens First Hotel in Makkah, Saudi Arabia

Best Western Opens First Hotel in Makkah, Saudi Arabia

PHOENIX—Best Western International has announced the opening of its first property in the Saudi Arabian Holy City of Makkah (also known as Mecca). “Tourism in Saudi Arabia is booming. Religious and pilgrimage travel is one of the fastest-growing sectors of ...

Read More »

Margaritaville Resort Heading to Hollywood, Fla.

Margaritaville Resort Heading to Hollywood, Fla.

MIAMI—A joint venture between Coastal Construction and Tishman Construction, an AECOM company, has been selected to manage the construction of the Margaritaville Hollywood Beach Resort, a new hotel and entertainment complex in Hollywood, Fla. “We have been working with Tishman ...

Read More »
Scroll To Top