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Starwood to Debut Aloft Hotels in Kiev

Starwood to Debut Aloft Hotels in Kiev

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced the signing of Aloft Kiev, which will mark the entrance of Aloft Hotels into Ukraine when it opens in 2015. “We are excited to grow Starwood’s presence in Eastern Europe as we bring ...

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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 ...

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RLJ Lodging Trust Acquires Residence Inn in Atlanta

RLJ Lodging Trust Acquires Residence Inn in Atlanta

BETHESDA, Md.—RLJ Lodging Trust announced that it has acquired the 78-room Residence Inn Atlanta Midtown Historic located in Atlanta, Ga. In November 2009, the company purchased a mortgage loan collateralized by the hotel for approximately $5.0 million, or approximately $64,000 ...

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