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Oxford Capital Group Unveils Plans for LondonHouse

Oxford Capital Group Unveils Plans for LondonHouse

CHICAGO—Oxford Capital Group, LLC announced plans to open “LondonHouse” at the corner of North Michigan Avenue and Wacker Drive in the spring of 2016. This latest lifestyle hotel development from Oxford Capital Group, LLC will feature a 452-rooms within the ...

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Carey Watermark Investors Acquires Westin Minneapolis

Carey Watermark Investors Acquires Westin Minneapolis

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Westin Minneapolis hotel. The full-service hotel includes 214 guestrooms and is located in downtown Minneapolis. The acquisition price was $66.4 million and was financed with $43.5 million of ...

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JW Marriott Austin Opens

JW Marriott Austin Opens

AUSTIN—JW Marriott Hotels & Resorts opened its first property in Austin today, approximately two and a half years after the hotel first broke ground. The 34-story JW Marriott Austin is not only the largest hotel in Austin, but also the ...

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Felcor Lodging Trust Debuts Knickerbocker Hotel

Felcor Lodging Trust Debuts Knickerbocker Hotel

IRVING, Texas—FelCor Lodging Trust has announced the opening of The Knickerbocker Hotel, located on the corner of 42nd Street and Broadway in New York City, in the heart of Times Square. The newly redeveloped hotel has 330 guest rooms, including ...

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Cheap Oil’s Impact on Energy Market Hotels

Cheap Oil’s Impact on Energy Market Hotels

After dropping precipitously last year, oil prices have settled into a new normal the past few months with crude staying cheap due to a global supply glut. Federal Reserve Bank of Dallas President Richard Fisher said in a television interview ...

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