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Red Lion Hotels Announces Hotel Sale to Wig Properties

SPOKANE, Wash.—Red Lion Hotels Corporation (RLHC) announced the company has entered into an agreement to sell its hotel in Bellevue, Wash. for $35.4 million...

Helmsley Spear Hires Director of Hospitality Capital Markets

Kent M. Swig, president of Helmsley Spear LLC is pleased to announce that John T. Murray has been named director of hospitality capital markets...

Gramercy Park Hotel on Market

The 186-room Gramercy Park Hotel in New York is on the market. According to Crain's New York Business, real estate investors Aby Rosen and...

Laurus Corporation Acquires Marriott Warner Center Hotel

WOODLAND HILLS, Calif.—Laurus Corporation, a U.S.-based private real estate investment and development firm, has acquired the Marriott Warner Center hotel in Woodland Hills, Calif. Woodland...

FelCor Completes Exchange of 10 Joint Ventures Hotels

IRVING, Texas—FelCor Lodging Trust Incorporated announced that it unwound joint ventures that owned 10 non-strategic hotels. Through an exchange of interests, FelCor now owns...
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