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Andrew (Randy) Kwasniewski, President of the Hard Rock Hotel & Casino, Dies; Cause of Death Not Immediately Known
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Business Wire
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Morgans Hotel Group Co. (NASDAQ: MHGC) today said that Andrew (Randy) Kwasniewski was found dead in his Las Vegas home this morning.
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Ramada receives reduction: Public Square hotel's mediation cuts assessment by $1.9 million. County, owners agree on $2.25 million value.
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The Times Leader (Wilkes-Barre, Pa.)
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Mar. 9--The Ramada Wilkes-Barre hotel on Public Square has received a $1.9 million assessment reduction at mediation -- one of the most sizeable cuts at this court-level step to date.
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Marriott Plans to Double Presence in Europe by 2015
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PRNewswire
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BERLIN and BETHESDA, Md., March 9 /PRNewswire-FirstCall/ -- As part of a global reorganization aimed at accelerating worldwide growth, Marriott International, Inc. (NYSE: MAR) plans to double its portfolio in Europe by 2015.
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Marriott Plans to Double Presence in Europe by 2015
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PRNewswire-FirstCall
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BERLIN and BETHESDA, Md., March 9 /PRNewswire-FirstCall/ -- As part of a global reorganization aimed at accelerating worldwide growth, Marriott International, Inc. plans to double its portfolio in Europe by 2015.
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Palm Beach County set to pick developer for scandal-plagued convention center hotel project
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South Florida Sun-Sentinel
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Mar. 9--Already burned by a convention center development deal gone bust, Palm Beach County commissioners on Tuesday are expected to get back into the hotel business.
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Supertel Hospitality Announces Non-Cash Asset Impairment Charge of Approximately $24.1 Million
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MARKETWIRE
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Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT) which owns 114 hotels in 23 states, today announced that its 2009 results will be impacted by substantial non-cash impairment charges of approximately $24.1 million.
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InvestForLess Enters into Asset Custody Agreement with Scottrade Advisor Services
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Business Wire
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InvestForLess, a registered investment advisory firm established earlier this year, announces today a new custodial arrangement with Scottrade Advisor Services.
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Riverside council approves $20.6 million loan for Hyatt hotel downtown
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The Press-Enterprise
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Mar. 3--Riverside City Council members Tuesday chose to forge ahead with ambitious plans for downtown, starting with a $20.6 million loan to a developer who will build a 125-room Hyatt Place hotel.
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Owners vow to renew Hilton
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Pittsburgh Post-Gazette
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Mar. 4--A restructured ownership, backed by a new manager, is ready to take charge of the Hilton Pittsburgh, Downtown, vowing to settle millions in unpaid debts and return the struggling hotel to prominence.
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Pittsburgh Hilton expansion project to resume within a month
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The Pittsburgh Tribune-Review
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Mar. 4--Work on the Pittsburgh Hilton Hotel's long-delayed expansion project will restart within a month, about the same time needed to finalize the Downtown building's new ownership team, people involved with the deal said Wednesday.
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Pittsburgh Hilton expansion project to resume within a month
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The Pittsburgh Tribune-Review
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Mar. 3--Work on the Pittsburgh Hilton Hotel's long-delayed expansion project will restart within a month, about the same time needed to finalize the Downtown building's new ownership team, people involved with the deal said Wednesday.
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LaSalle Hotel Properties Announces the Exercise of the Underwriters' Overallotment Option
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Business Wire
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LaSalle Hotel Properties (NYSE:LHO) today announced that the underwriters of its recent follow-on public offering of common shares have exercised their overallotment option to acquire an additional 802,500 common shares, bringing the total number of shares to be issued pursuant to this offering to 6,152,500 common shares.
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LaSalle Hotel Properties Announces Pricing of a Public Offering of 5,350,000 Common Shares
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Business Wire
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All of the shares are being offered by the Company.
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K Hotels Partners With European Hotel Giant JJW Hotels & Resorts ; Partnership Kicks Off Joint Venture Between Premier Hospitality Groups
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PRNewswire
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LOS ANGELES, March 2 /PRNewswire/ -- Los Angeles-based hotel representation company K Hotels is proud to announce a joint venture with the Austrian subsidiary of JJW Hotels & Resorts, a premier collection of more than 60 hotels in Europe and the Middle East.
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K Hotels Partners With European Hotel Giant JJW Hotels & Resorts
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PRNewswire
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LOS ANGELES, March 2 /PRNewswire/ -- Los Angeles-based hotel representation company K Hotels is proud to announce a joint venture with the Austrian subsidiary of JJW Hotels & Resorts, a premier collection of more than 60 hotels in Europe and the Middle East.
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West Penn Allegheny Health System posts $7 million profit
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The Pittsburgh Tribune-Review
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Mar. 2--West Penn Allegheny Health System announced yesterday that it posted a net profit of $7 million for the first half of fiscal year 2010, a $28.5 million improvement from the same period a year ago.
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Two downtown Riverside hotels rail against city support for a new hotel there
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The Press-Enterprise
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Mar. 1--Downtown Riverside's two heavyweight hoteliers are opposing the city's plan to loan a developer $20 million to build a Hyatt Place hotel just blocks from them.
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LaSalle Hotel Properties Announces Launch of Offering of Common Shares
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Business Wire
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LaSalle Hotel Properties (NYSE:LHO) today announced that it plans to sell 5,350,000 common shares in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission.
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LaSalle Hotel Properties Acquires the Sofitel Washington, DC Lafayette Square
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Business Wire
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LaSalle Hotel Properties (NYSE:LHO) today announced it has acquired the Sofitel Washington, DC Lafayette Square for $95.0 million.
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Scott Blalock Named General Manager of the Year for 2009 by Indiana Hotel and Lodging Association
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PRNewswire
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INDIANAPOLIS, Feb. 26 /PRNewswire/ -- White Lodging of Merrillville, IN is pleased to announce that Scott Blalock, General Manager of the Marriott Convention Hotel in Indianapolis, Indiana was recently awarded the Indiana Hotel and Lodging Association's Award for Top General Manager of 2009.
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