GREENWICH, Conn.—Starwood Capital Group, a global private real estate investor, announced plans to renovate the Minnewaska Lodge, the boutique hotel located at the base of the Shawangunk Mountains and nearby the “Gunks” hiking and wildlife nature preserves in Gardiner, N.Y. The Lodge, which has 26 uniquely designed guestrooms with such features as cathedral ceilings, private balconies and spectacular mountain and forest views, will remain open during the renovation and be finished in time for the
MERRILLVILLE, Ind.—The Louisville Marriott Downtown, a White Lodging Services and RLJ Lodging Trust property, has completed a full renovation to the hotel’s 616 guestrooms, suites, concierge lounge, pool, spa, and fitness center. The $6 million-dollar project was completed in February. The new interior was designed by Chicago-based Zimmerman Weintraub Associates. The rooms and 25 suites were completely redesigned and refurnished with new bathroom lighting, millwork and valances, 42-inch HD TVs installed in each room, and
Graves Hospitality Announces the Management and Redevelopment of Two St. Paul Hotels
Category: Acquisitions, Finance & Development, Real Estate
MINNEAPOLIS—Graves Hospitality Corporation officially announced that it is taking over the management and redevelopment of two hotels in the downtown St. Paul market—the Crowne Plaza St. Paul Riverfront Hotel and the DoubleTree St. Paul Downtown Hotel. The acquisition of these two hotels comprises nearly half of the hotel rooms in downtown St. Paul. The hotels were purchased as part of an investment diversification mission by the Mille Lacs Band of Ojibwe, returning the hotel’s ownership
SYDNEY, Australia—IHG (InterContinental Hotels Group) announced its first property in Australia with the signing of the Holiday Inn Express hotel in Perth. Developer Sunfire Asset has engaged IHG to manage the new-build, 224-room hotel which is expected to open in 2015. The development addresses the growing demand for additional hotel rooms in Perth, which boasts Australia’s highest CBD hotel occupancy rates, sitting at 85.1 percent in December 2012 and forecasted to rise to 88.2 percent
Ten years ago, Choice Hotels opened the doors of a property in Norfolk, Va., that placed the Sleep Inn and Quality Inn & Suites brands under one roof. It featured a separate lobby and mostly autonomous public spaces for each brand, but a shared pool and back-of-the-house operations. The dual-branded nature of the hotel helped it attract leisure guests at different price points, but it was the operational efficiencies of the model that turned heads
