Development/Construction
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Where Las Vegas has won, Atlantic City has failed   29 Sep, 2014

Las Vegas and Atlantic City are thousands of miles apart, and that’s just where the dissimilarities begin. While the former has come up aces, the other is crapping out. The question remains: Why?More>>

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Transcorp to develop luxury Nigeria hotels with IPO proceeds   23 Sep, 2014

Transcorp Hotels will invest the proceeds of a $49-million initial public offering into two new luxury Nigerian hotels as the operator seeks to benefit from a rise in international travel, Bloomberg reports. The company already owns two hotels, including a Hilton in Nigeria’s capital, Abuja. It...More>>

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U.S. company joins surge to develop hotels in Japan   22 Sep, 2014

There's more evidence that Japan is the place to be when it comes to hotel investments. Reuters reports that U.S.-based Fortress Investment Group is making hotel development in Japan a priority.More>>

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Is the Ace brand headed for New Orleans?   19 Sep, 2014

Is the Ace Hotel brand coming to The Big Easy? This from Curbed: It's been one year since the Domain Cos. bought 600 Carondelet St. for $5.5 million and promulgated news of a hotel/retail transformation at the old Max Barnett Furniture Store building. More>>

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Vietnamese construction company ignores cease-and-desist on hotel project   17 Sep, 2014

A private construction company began work on three hotel projects in central and southern Vietnam without the necessary licenses. More>>

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Kimpton breaking ground on Milwaukee property   11 Sep, 2014

Kimpton Hotels & Restaurants will break ground on a project in Milwaukee's Historic Third Ward by the end of the year, with a planned opening in 2016, reports The Milwaukee Journal Sentinel. Plans for the nine-story, 158-room hotel were first announced in February 2013.More>>

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Des Moines approves $49M hotel-apartment project   9 Sep, 2014

The Des Moines City Council gave the greenlight Monday for a $49-million project that will replace an entire city block with a new hotel, apartments and a parking garage in the East Village section, reports The Des Moines Register. It includes a a 137-room hotel. More>>

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As travelers spend, hotel industry builds   9 Sep, 2014

When travelers are traveling, spending money at and on hotels, it gives hotel developers the impetus to build more hotels, in the hope that the good times never end. Here's what Marriott says it's planning for the coming years. More>>

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AJ Capital introducing new "college" brand to Charlottesville, Va.   8 Sep, 2014

Chicago-based investment company AJ Capital Partners is moving to convert a Red Roof Inn in Charlottesville, Va., into one of the first in its new hotel collection, Graduate Hotels. Local media outlet The Cavalier Daily reports that the company obtained the property for about $20.4 million dollars...More>>

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Vision plans boutique property for Chattanooga   29 Aug, 2014

​Vision Hospitality Group is planning a five-story, 90-room upscale boutique hotel for its hometown, Chattanooga, Tenn. This is the second time the company has proposed a hotel for the Walnut Street site near the city's arts district. More>>




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