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The World’s Tallest Holiday Inn Hotel Opens

The World’s Tallest Holiday Inn Hotel Opens

ATLANTA—InterContinental Hotels Group and Crescent Hotels & Resorts today announced the opening of the new 492-room Holiday Inn Manhattan-Financial District hotel located in New York City’s downtown business center. Standing more than 453 feet tall, the hotel’s guestrooms have views ...

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Carey Watermark Acquires Sanderling Resort for $38 Million

Carey Watermark Acquires Sanderling Resort for $38 Million

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Sanderling Resort, a 106-room full-service resort, located in Duck, N.C., on the Outer Banks. The purchase price was $38 million. The Sanderling Resort is situated on 13 acres ...

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Lexington by Vantage Developing New Hotel in Illinois

Lexington by Vantage Developing New Hotel in Illinois

CLEVELAND– Lexington by Vantage, a collection of inns, hotels and suites, has announced new hotel development plans for a Lexington Inn & Suites in Effingham, Ill. The Lexington Inn & Suites in Effingham, Ill. is under construction with an expected ...

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All-Inclusive Industry is an Attractive Investment Option

All-Inclusive Industry is an Attractive Investment Option

The all-inclusive industry continues to grow, making it an attractive investment option for U.S.-based owners. As more travelers seek convenience and added value, all-inclusive resorts have been attracting approximately 12 to 12.5 million Americans per year, says Alex Zozaya, CEO ...

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