Saturday, September 4, 2010
Business Room at the new Radisson Blu, steps from the Prado in Madrid. BASICS The boutique Radisson Blu hotel, Radissons first property in Spain, opened in December with 54 rooms in an elegant neo-Classical building in front of the Prado in Madrid.
estate investor and fund manager, will own the property in a joint venture with Trinity Investments, LLC, a hotel investor and operator with extensive experience on Hawaii, and Stanford Carr Development, LLC, a Honolulu-based residential development
Katrina devastated the Gulf Coast, the tourism industry there has struggled to come back. But several Washington area hotel companies are beginning to see a return to profit at their lodgings in the region, after contending with property damage, revenue
Norwegian Property has agreed to sell Nordic hotel property firm Norgani Hotels to Sweden-based real estate firm Pandox and its Norwegian owners for around $1.33 billion, the real estate group said. ?A sale now of Norgani is
buying hotels in Europe than the U.S. this year as slower development helps to preserve property values. Hotel acquisitions in Europe will total about $5.5 billion in 2010, compared with $4.5 billion in the Americas, according to Jones Lang LaSalle
Thursday, August 12, 2010
The iconic heritage wing of 107-year-old Taj Mahal Palace hotel in Mumbai will reopen on the Independence Day, almost 22 months after a group of terrorists stormed into it and laid siege to it for three days. “This flagship property
Thursday, August 12, 2010
The iconic heritage wing of 107-year-old Taj Mahal Palace hotel in Mumbai will reopen on the Independence Day, almost 22 months after a group of terrorists stormed into it and laid siege to it for three days. “This flagship property
in realty as well as hospitality. Close on the heels of launching its second Raintree luxury business class hotel at Nandanam on Anna Salai in Chennai, the group plans to build another property close to Airport. Group MD, C Subba Reddy told media persons
of her eponymous company, did not immediately return e-mails seeking comment. Elisabetta Gucci plans to open an 87-suite hotel in Dubai by the end of the year, Ziller said last month. Branded as EG Hotels and Resorts by Elisabetta Gucci, the property
reduction in the average size of functions. This has been exacerbated by an excess capacity of 10,000 hotel rooms, built during the property boom. Ms Hanafin said the market would dictate the fate of some of the new hotels, which were likely to close,