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The London West Hollywood For Sale 19 Apr 2013 | 06:55 pm
Blackstone Group LP (BX) plans to sell its London West Hollywood hotel to take advantage of a Los Angeles lodging recovery, said Jonathan Gray, global head of real estate at the private-equity firm. ...
Upscale Hotels– The New Reality ? 16 Apr 2013 | 07:39 pm
Upscale Hotels– The New Reality Upper upscale hotels provide the utmost in luxury. Obviously, that service comes with a cost for hotel owners and their guests. Indeed, U.S. developers are feeling the...
NYC Hotel Investment & Developments Spring 2013 Report 4 Apr 2013 | 05:53 pm
Hospitality Investments and Developments – Spring Report NYC Hotels in 2013 – Development Springs Ahead Current New York City hotel development is helping to drive the city’s travel and tourism sect...
Desarrollos Hoteleros en la Ciudad de Nueva York 17 Feb 2013 | 07:41 pm
Desarrollos Hoteleros en la Ciudad de Nueva York (NYC) en 2013. ¿Tiene una Marca de Hotel que Busca Expandirse en la Ciudad de Nueva York? Hospitality Investments & Developments – Su MEJOR Equipo en ...
The Alex Hotel in Midtown East sells for $115M 1 Feb 2013 | 11:24 pm
The 203-room Alex Hotel, located at 205 East 45th Street, has sold to an affiliate of the Wyndham Hotel Group for $115 million, The Real Deal has learned. The sale comes on the heels of the $180 milli...
The Flatotel Hotel Sold to Joe Chetrit and David Bistricer 1 Feb 2013 | 11:19 pm
Joseph Chetrit and David Bistricer have closed on the 46-story, 289-room Flatotel property at 135 West 52nd Street for $180 million, Crain’s reported. A conversion into high-end residential condominiu...
NYC Hotels – Income per square foot Soaring Above The Rest 22 Nov 2012 | 01:26 pm
According to Jones Lang LaSalle Hotels, Manhattan hotels showed an average of $681 PSF (per square foot) during the last decade – compared to office and multifamily properties in the city. This statis...
New York City Hotels – Giving Thanks 19 Nov 2012 | 10:30 am
At any time of year, NYC hotels have plenty of reasons to be thankful for their position in the US hospitality industry. The Big Apple’s hotel sector, a consistent and strong market, attracts an ever-...
Alfa Development Announces Grand Purchase 16 Nov 2012 | 11:47 am
On November 14, Alfa Development announced that it had closed on its first hotel purchase –- the Midtown Manhattan 95-room Grand Union for a grand sum of $28.6 million ($320,000 per room). The unident...
Innovative Manhattan Hotel – Westin New York Grand Central 14 Nov 2012 | 11:28 am
On October 12, Starwood Hotels & Resorts Worldwide, Inc. and Host Hotels & Resorts, Inc. announced the grand opening of Weston’s flagship Manhattan hotel – Westin New York Grand Central. The owners’ p...
