The Westin Tempe

The Westin Tempe Opens Hotel and Restaurant Outlets

TEMPE, Arizona—As the largest new hotel to debut in Tempe in nearly four decades, The Westin Tempe is now open in the city’s downtown...
The LaSalle Hotel

The LaSalle Hotel to Open in February 2022

CHICAGO—The Prime Group, Inc. and Aimbridge Hospitality will open The LaSalle Hotel in early February 2022, offering travelers a luxury destination in Chicago’s Loop....
Cascade

Cascade Affiliate to Acquire Controlling Interest in Four Seasons Hotels and Resorts

TORONTO—Four Seasons Hotels and Resorts (Four Seasons), a luxury hospitality company, announced that its longstanding shareholder, an affiliate of Cascade Investment, L.L.C. (Cascade), has...
Horton Hotel

Horton Hotel Transfers to New Ownership Team

Horton Hotel—Boone, North Carolina’s only downtown boutique hotel that also has a rooftop bar—is changing its ownership team with a nod to its current...
PMZ Realty Capital

PMZ Realty Capital Arranges Financing for Two Rio Partners Hotels

NEW YORK — PMZ Realty Capital LLC, a national real estate investment banking firm focused on creating capital structures for its clients, has arranged...
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utility costs

Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...

Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...

The Bentley Hotel Southampton to Join JdV by Hyatt Brand

CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
technology

Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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