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Ritz-Carlton Heading Back to Bali in 2014

Ritz-Carlton Heading Back to Bali in 2014

HONG KONG—The Ritz-Carlton Hotel Company is set to make a return to the island of Bali in 2014. The Ritz-Carlton, Bali is owned by PT Oriental Indah Bali Hotel Company and designed by architects and designers, Burega Farnell. It will ...

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Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

PHOENIX—Kimpton Hotels and Restaurants announced that it has purchased Amara Resort and Spa in Sedona, Ariz. The property was acquired through the company’s proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Oak Creek, ...

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Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

PHOENIX—Kimpton Hotels and Restaurants announced that it has purchased Amara Resort and Spa in Sedona, Ariz. The property was acquired through the company’s proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Oak Creek, ...

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Ashford Hospitality Trust Launches Spin-Off REIT

Ashford Hospitality Trust Launches Spin-Off REIT

DALLAS—Ashford Hospitality Trust announced that the company’s Board of Directors approved a plan to spin-off an 80 percent ownership interest in an eight-hotel portfolio, totaling 3,146 rooms. Ashford Prime is expected to qualify as a real estate investment trust (REIT) ...

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Ashford Hospitality Trust Launches Spin-Off REIT

DALLAS—Ashford Hospitality Trust announced that the company’s Board of Directors approved a plan to spin-off an 80 percent ownership interest in an eight-hotel portfolio, totaling 3,146 rooms. Ashford Prime is expected to qualify as a real estate investment trust (REIT) ...

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