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LODGING Staff

LODGING Staff
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Ritz-Carlton Hotel Opens in Chengdu

CHENGDU, China—Chengdu’s newest hotel, The Ritz-Carlton, Chendu, opened its doors today, marking the official arrival of the luxury hospitality brand in South Western China. Towering above Tianfu Square, the 353 room property will be...

Value Place to Invest $131 Million in Florida

MIAMI—Value Place announced today it plans to invest $131 million to purchase land and develop 15 new corporate extended-stay properties in the greater Miami region over the next two years. Construction of the first...

Hotel Commonwealth Plans for Expansion

BOSTON—Hotel Commonwealth, an independent boutique hotel located in Boston's Back Bay, announced plans to add 94 hotel rooms and more than 14,000 square feet of indoor/outdoor event space to complement the property's existing 149...

Michael Mina Opening Restaurant at the Fontainebleau

MIAMI BEACH—Award-winning chef and restaurateur Michael Mina and Fontainebleau Miami Beach announced that Michael Mina 74 is opening this November in the main lobby of the Fontainebleau. Michael Mina 74 will be the first...

Extended Stay America Expects IPO to Reach $500 Million

When Extended Stay America, owned by Blackstone Group, Centerbridge Partners LP and Paulson and Co., filed plans for an initial public offering back in July, the company filed with a placeholder amount of $100...