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Chesapeake Lodging Trust Acquires The Royal Palm

Chesapeake Lodging Trust Acquires The Royal Palm

ANNAPOLIS, Md.—Chesapeake Lodging Trust has closed on the previously announced acquisition of The Royal Palm located in Miami Beach, Fla., for a purchase price of $278 million or approximately $707,000 per key. The Trust entered into a new management agreement ...

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Starwood and NRG Team Up for Sustainability Project

Starwood and NRG Team Up for Sustainability Project

SCOTTSDALE, Ariz.—Starwood Hotels & Resorts Worldwide, Inc. in partnership with NRG Energy, Inc., through its wholly-owned subsidiary NRG Renew, today unveiled its first project to integrate clean sustainable energy at The Phoenician, a Luxury Collection resort. Featuring approximately 2,000 photovoltaic ...

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La Posada de Santa Fe Joins Luxury Collection

La Posada de Santa Fe Joins Luxury Collection

SANTA FE, N.M.—La Posada de Santa Fe has become New Mexico’s first Luxury Collection hotel, joining the brand’s ensemble of 86 luxury hotels and resorts. “Each Luxury Collection hotel is a singular reflection of its place in the world and ...

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