Topic: Accommodation Facilities and Services
Hoteliers likely to see flat 2010
Reuters US Online Report Business News
NEW YORK (Reuters) - Hotel companies may not be earning any points with Wall Street this year, but many analysts expect 2011 will hold rich rewards. In quarterly reports this month, the largest lodging companies are likely to signal that revenue per available room could fall slightly in 2010. Still, companies ...
Private equity firm to buy Lodgian for $54M
AP News
Private equity firm Lone Star to acquire hotel chain Lodgian for $54 million cash, assume debtHotel operator Lodgian Inc. said Friday private equity firm Lone Star Funds will acquire the company for about $54.2 million in cash. The price tag is about $270 million including debt. Lone star will ...
Starwood plans 2 new luxury hotels in China
AP News
Starwood Hotels to open 2 new upscale hotels in China under Luxury Collection brandStarwood Hotels & Resorts Worldwide Inc. said it plans to open two luxury hotels in China in the next two years. The hotel chain, based in White Plains, N.Y., said plans to reopen its renovated The ...
Spanish Hotelier To Open Gay Hotel In New York
On Top Magazine
The Spanish hotelier Axel Hotels will bring its gay hotel chain to New York City in 2011 The Spanish hotelier Axel Hotels will bring its gay hotel chain to New York City in 2011, 'On Top Magazine' has learned. Axel currently operates “hetero-friendly” hotels in Barcelona, Berlin and Buenos Aires ...
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