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The Langham, Chicago Opens

The Langham, Chicago Opens

CHICAGO—Langham Hospitality Group’s fourth U.S. property—The Langham, Chicago—has officially opened its doors. Located in the last office building designed by Ludwig Mies van der Rohe, known for developing the modern skyscraper, the 316-room hotel resides within the 52-story landmarked riverfront ...

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Caribbean Hotel Development is Coming Back

Caribbean Hotel Development is Coming Back

Although the Caribbean is still not experiencing pre-recession levels of growth in the hotel industry, the region has seen a recent uptick in partially built properties revving up construction again as new developers with new sources of financing come to ...

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Value Place to Develop 12 Boston-Area Hotels

Value Place to Develop 12 Boston-Area Hotels

BOSTON—Value Place and Dinosaur Capital Partners, the Boston-based development and investment firm, plan to develop 12 new corporate hotels in the Boston area over the next two years. Boston is Value Place’s latest focus in its continuing expansion across the ...

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U.S. Hotel Pipeline is Stuck in Low Gear

U.S. Hotel Pipeline is Stuck in Low Gear

New hotel openings in the United States continue to be in a slow but steady uptrend since 2011’s cyclical bottom of 346 projects (37,193 rooms). Lodging Econometrics’ forecast for new openings in 2015, at 739 projects (82,587 rooms), represents a ...

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Urban Commons Purchases Two Hotels in San Mateo, Calif.

Urban Commons Purchases Two Hotels in San Mateo, Calif.

LOS ANGELES—Urban Commons announced the purchase of the 110-room Comfort Inn and the 110-room Holiday Inn in San Mateo, Calif. The hotels are located in the high-tech enclave of Silicon Valley which surrounds the San Francisco Bay Area. Urban Commons ...

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