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Value Place Secures $100 Million Private Equity Investment

Value Place Secures $100 Million Private Equity Investment

WICHITA, Kan.—Value Place announced today that it has secured a $100 million capital investment from Lindsay Goldberg LLC, a private equity firm with $10 billion of total capital under management. The transaction, along with planned successive investments, equips Value Place ...

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Viceroy Hotel Group Introduces First Manhattan Property

Viceroy Hotel Group Introduces First Manhattan Property

LOS ANGELES—Viceroy Hotel group announced its first property in Manhattan with the Viceroy New York, located on West 57th Street between 6th and 7th Avenues. Currently in development by Ark Partners, the hotel is scheduled to open in September 2013. ...

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Starwood Expects Strong North American Growth in 2013

Starwood Expects Strong North American Growth in 2013

STAMFORD, Conn.—From the 2013 American Lodging Investment Summit in Los Angeles, Starwood Hotels & Resorts Worldwide Inc. announced that it opened 23 hotels in North America in 2012 and signed more new deals than in the previous two years, including ...

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Hotel Spa Revenue Continues to Recover

Hotel Spa Revenue Continues to Recover

BOSTON—After lagging behind other hotel revenue sources, hotel spas began to see their sales recover in 2011, and this trend is expected to continue for the foreseeable future. According to PKF Consulting USA LLC’s (PKFC) recently released Trends in the ...

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