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By Stephanie Wharton, HotelNewsNow.com contributor
06 December 2011
Hoteliers had expectations of strong end-of-year hotel performance in Cairo, but November’s protests eliminated expectations for recovery.
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By Jeff Higley, Editorial Director
06 May 2011
Speakers on a transactions panel at Meet the Money generally agreed assets have been overvalued in recent transactions, and they expect more deals to start taking place soon.
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By Patrick Mayock, Editor-in-Chief
14 August 2008
Steve Porter, who died in Los Angeles after short illness, leaves a legacy based on being able to relate to people at all levels.
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HNN Newswire
18 September 2008
$39.5-million deal includes one Comfort Inn, two Comfort Suites and 10 Super 8 Motels going to Shivam Hotel LLC from Midwest Lodging Associates.
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HNN Newswire
27 February 2009
President and CEO Richard Smith says the REIT's results reflect extensive cost cutting measures that were implemented to protect its operating margins.
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HNN Newswire
26 May 2009
Company hits goal in Florida with 28 of 30 properties achieving Green Lodging certification.
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7.
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By Patrick Mayock, Editor-in-Chief
02 November 2011
The hotel real-estate investment trust has sold eight hotels during the past year to reduce its debt ratio from nine times to seven times. FelCor plans to sell 32 more hotels from its 77-property portfolio.
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By Rick Swig, HotelNewsNow.com columnist
25 August 2009
As hotel operators dig deep into discounting trenches, the biggest question remains how the industry will regain control of its rates.
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9.
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By Shawn A. Turner, Finance Editor
08 May 2012
The REIT is in negotiations to refinance its $108-million mortgage loan with Prudential that comes due in April 2014, which would remove two hotels from the collateral pool for the loan.
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10.
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By Jason Q. Freed, News Editor-Americas
02 November 2012
Not only are renovations at the Morgans New York taking longer than expected and impacting quarterly earnings results, but the hotel is now without power and offline due to Superstorm Sandy.
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