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Chinese Insurer to Buy Baccarat Hotel for $230 Million

Chinese Insurer to Buy Baccarat Hotel for $230 Million

A Chinese insurer has agreed to purchase the Baccarat Hotel in Midtown Manhattan from Starwood Capital Group for $230 million, the Wall Street Journal reports. Sunshine Insurance Group is paying more than $2 million per room for the luxury property, ...

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Capella Hotels and Resorts Unveils First U.S. Hotel

Capella Hotels and Resorts Unveils First U.S. Hotel

WASHINGTON, D.C.—Capella Hotels and Resorts celebrated the unveiling of the Capella Washington D.C., Georgetown, the latest elegant addition to the capital city. Guests who attended the opening were part of a special ribbon-cutting ceremony at the hotel, which included welcome ...

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More to Discover

When John Hendricks, founder and chairman of Discovery Communications, thinks about the most beautiful place on earth, the American West, specifically the red rock country of Colorado, tops his well-traveled list. Hendricks fell in love with Colorado shortly after graduating ...

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