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 remarks from Horst Schulze, chairman and CEO of Capella Hotels and Resorts and Bruce F. Bradley of Castleton Hotel Partners I, the hotel owners. “Washington D.C. is a remarkable destination with incredible experiences – rich
The lodging industry is attracting a lot of new money. “The amount of interest from private equity groups, REITs, and new developers entering the hospitality space is huge right now,” says Doug Dreher, president and chief executive officer of The Hotel Group, a Washington state-based management company. “A lot of capital groups thought this would be like the last recession with a ton of buying opportunities.” But, he says, this recession has turned out a
STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide announced it has introduced its Westin brand to Sacramento, Calif. Owned by Urban Commons/Brighton Management, the property formerly known as Le Rivage Hotel completed a $3.2 million renovation prior to re-opening under the Westin flag. “We are thrilled to debut the Westin brand in the scenic city of Sacramento, where we offer travelers a restful retreat within close proximity of the city’s leading attractions,” said Brian Povinelli, global brand
ROCKVILLE, Md.—Choice Hotels International is completing its move to its new global headquarters at Rockville Town Square. The company’s more than 400 headquarter employees will begin at the new location on April 8. This move is just 13 miles from the Choice Hotels current headquarters in Silver Spring, Maryland. However, it represents a sea of change for the company, with a layout designed to encourage collaboration and creativity. Features include open work areas, high technology
Miami, Fla.—The opening of Pestana South Beach Art Deco Hotel will represent the first investment by the Group Pestana in the U.S. market. Pestana, Portugal’s largest tourism group, is well known for its heritage Pousadas de Portugal hotel brand across the Atlantic. The new Pestana hotel is a rebirth of the historic Hotel Milejan in South Beach. This boutique hotel with 97 rooms and suites is divided into four Art Deco Buildings, classified by the
