Hotel News

Alexander Philips joined the rush to buy foreclosed U.S. homes four years ago, spending $40 million on houses in California and Nevada to operate as rentals.

Melia Hotels International continues its international growth in Colombia, one of the most dynamic markets in Latin America, with the announcement of the opening of the new Melia Cartagena in Cartagena de Indias, scheduled for first quarter 2017.

Four Seasons Resort Dubai at Jumeirah Beach is scheduled to open on November 1, 2014, and is now confirming arrivals from December 1. Guests who book before September 30 can take advantage of special rates with the Introductory Offer or the Introductory Bed and Breakfast Rate for stays between December 1 and February 28, 2015.

July 22, 2014 - Sonnenblick-Eichner Company announced today that it has arranged $265,000,000 of first mortgage financing for the 610-room JW Marriott Chicago, located in downtown Chicago, Illinois.

Sands has posted incredible growth over the past five years, and this recent dip creates a good entry for Foolish investors.

Peter Crage has resigned as chief financial officer of Extended Stay America Inc. effective July 31, the Charlotte-based hotel chain said Tuesday.

Today, Westin Hotels & Resorts unveiled the next stage of its year-long Westin Well-Being Movement with the announcement of two new nutrition-focused partnerships with SuperChefs and The Juicery and the newest member of the brand's Well-Being Council, dietician Ashley Koff RD.

Prince George's County officials on Monday approved a building plan for a $925 million MGM Resorts International casino and hotel near the nation's capital on an 8-1 vote, paving the way for MGM to get the permits needed to begin construction.

Under the supervision of the Water Supply Coordinator, the Water Borehole Monitor is in charge of monitoring and overseeing the water filling process starting from the borehole.

In a legal victory for entrepreneur Omar Amanat, Adrian Zecha, 81, renowned hotelier and founder of Amanresorts, has been reinstated by order of the High Court in London as CEO of Amanresorts.

Yorkshire offers great opportunitie... )--Starwood Preferred Guest , the award-winning loyalty program from Starwood Hotels & Resorts Worldwide, Inc. , is giving members courtside seat... )--Research and Markets has announced the addition of the "In Vitro Diagnostics Global mar... )--Kroll Bond Rating Agency downgraded the Financial Strength Rating ... (more)

Ownership of the 289-room Clarion Hotel in Ronkonkoma switched hands this summer, though what changes that may bode for the hotel remains unclear.

In 2009 and 2010, when loans extended to companies like MGM Mirage and RHI Entertainment Inc. sank, banks started exiting the business of film financing.

The National Association of Black Hotel Owners, Operators, and Developers recently announced plans to boost spending among black consumers.

In the race for eastern Massachusetts' sole casino license, Mohegan Sun and Wynn Resorts attempted negotiating Surrounding Community Agreements with the City of Boston.

Hilton Worldwide last week announced the signing of a new hotel in Halifax, Nova Scotia: The Hollis Halifax - A DoubleTree Suites by Hilton.

Eric-Michel OMGBA H05 has been promoted to Director of Operations for 23 Accor Hotels.

Four Seasons hotels tops J.D. Power's list of top hotel choices. Four Seasons takes the lead in the luxury field.

InterContinental Hotels Group has added three Holiday Inn Express hotels in the UK: Holiday Inn Express London Vauxhall Nine Elms, Holiday Inn Express Leigh Sports Village and Holiday Inn Express Wigan in Greater Manchester.

The idea of a full-scale smoking ban in Nevada casinos seems out of place. The "No Smoking" concept doesn't fit the Strip's "do anything" reputation.