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Construction Begins on DoubleTree Lafayette East

Construction Begins on DoubleTree Lafayette East

MCLEAN, Va.—Hilton Worldwide and Dora Hotel Company have announced that construction has started on the new DoubleTree by Hilton Lafayette East hotel in Lafayette, Ind. The newly renovated, six-story, 128-room hotel and conference center will be located on the site ...

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HRI Properties Buys DoubleTree Minneapolis

HRI Properties Buys  DoubleTree Minneapolis

MINNEAPOLIS—HRI Properties, LLC (HRI) has announced it has acquired DoubleTree Suites by Hilton Hotel Minneapolis. The hotel is located at 1101 LaSalle Avenue, six blocks from HRI’s owned and managed Embassy Suites by Hilton Minneapolis Downtown opening September 2016. HRI ...

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Courtyard by Marriott Opens in Spring, Texas

Courtyard by Marriott Opens in Spring, Texas

SPRING, Texas—Woodbine Development Corporation and InterMountain Management are pleased to announce the opening of a new 125-room Courtyard by Marriott in Spring, Texas. The hotel is located in the new community of Springwoods Village, a 2,000-acre planned community situated just ...

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My Place Hotels to Open in Colorado

My Place Hotels to Open in Colorado

LOVELAND, Colo.—My Place Hotels of America has announced Loveland will be home to Colorado’s first My Place Hotel. Construction is nearing completion on the 64-room Economy Extended Stay Hotel, located at 3975 Peralta Drive. The beautiful location just off I-25 ...

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A ‘BIT’ About Protecting Foreign Investments

A ‘BIT’ About Protecting Foreign Investments

Investing abroad may present lucrative opportunities in the form of new markets and customers. Hospitality companies, however, often face unique challenges when doing business abroad. For example, in 2009, Venezuelan President Hugo Chavez ordered the expropriation of a Hilton-run hotel ...

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MGM Purchases Borgata Hotel Casino & Spa

MGM Purchases Borgata Hotel Casino & Spa

LAS VEGAS—MGM Growth Properties and MGM Resorts International completed the transactions for the acquisition of Borgata Hotel Casino & Spa following MGM Resorts’ purchase of Boyd Gaming’s stake in Borgata. MGP acquired Borgata’s real property from MGM Resorts and leased ...

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