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A Booming Business

While new development is tentatively rising overall in the hotel industry, it is booming in certain U.S. states. This demand is being fueled by...

Hampton Hotels Opened 18 Properties in Third Quarter of 2012

MCLEAN, Va.—Hampton Hotels announced the opening of 18 new properties in the third quarter of 2012. The new openings add 1,740 guestrooms to the...

Marriott to Open Hotel at Metro Center Atrium Complex in the Bronx

BRONX, NY—Simone Development Companies announced that Marriott has signed an agreement to operate a luxury hotel as the centerpiece of Simone Development’s new Metro...

Kent State University Foundation Developing 95-Room Hotel

KENT, Ohio—A unique public/private partnership, that includes $9 million in New Markets Tax Credits (NMTC) from Finance Fund, and $6.5 million from Development Fund...

The Wurzak Hotel Group to Open the Sheraton Valley Forge This Fall

King of Prussia, Pa.—The Wurzak Hotel Group has announced its latest project, the Sheraton Valley Forge. Opening this fall, the $30+ million property will...
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