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By Jason Q. Freed, News Editor-Americas
10 May 2013
The REIT acquired the 142-room Pier House Resort and Caribbean Spa in Key West for $90 million. Meanwhile, dips in government and group demand affected the Washington, D.C., portfolio.
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By Shawn A. Turner, Finance Editor
08 May 2013
A lender’s objection to the debt refinancing related to the proposed $325-million investment in NH Hoteles by Hospitality Properties Trust has killed the deal for now.
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By Ed Watkins, Editor-at-Large
08 May 2013
Sunstone Hotel Investors will selectively grow its portfolio while deleveraging its balance sheet, executives said during the company’s Q1 earnings call.
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By Shawn A. Turner, Finance Editor
08 May 2013
A reluctance to raise rates, rising costs and a potential return to loose lending threaten the hotel industry’s comeback, panelists said Tuesday during Meet the Money.
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By Stephanie Wharton, HotelNewsNow.com contributor
06 May 2013
Strong market fundamentals in New York City present hoteliers with opportunities to find success, according to panelists during last week's HOTELSnyc.
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By Jason Q. Freed, News Editor-Americas
06 May 2013
The REIT saw year-over-year RevPAR increases of 5.1%, but CEO Ed Walter said a drop in government travel and lingering unemployment issues slowed growth.
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By Laura Powell, HotelNewsNow.com contributor
06 May 2013
Uncertainty in government travel casts doubts over the Washington, D.C. hotel market.
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By Elaine Sahlins and Jaime Law, HVS,
06 May 2013
Future convention bookings and robust leisure demand are fueling strong hotel performance in San Francisco and the Silicon Valley/San Jose markets.
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