Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (”REIT”) that, as of the date hereof, has interests in 45 hotels comprised of 15,354 rooms primarily in the upper-upscale segment operated under nationally recognized brands, such as Marriott, Hilton, Hyatt, Fairmont and Starwood.
Sunstone Hotel Investors, Inc told the press that it will release [...]

Sunstone Hotel Investors, Inc. announced the preliminary results of its previously announced modified “Dutch Auction” tender offer (the “Offer”), which expired at 12:00 midnight, New York City time, on June 27, 2008.
In accordance with the terms and conditions of the Offer and based on the preliminary count by American Stock Transfer & Trust Company, the [...]

The Grand Hyatt Hotel will not open as scheduled, the developer said Tuesday.
Despite reassurances last week that it would open Feb. 8, developer Faulker-USA said the downtown Convention Center hotel will instead open Feb. 26.
In the past few months, subcontractors have complained they have not been paid, but Faulker-USA officials said the subcontractors will be [...]

Oakbrook Hotels Inc. is pleased to announce the appointment of Mike Larson to the position of General Manager of Pheasant Run Resort & Spa, the Midwest’s largest entertainment resort, located less than an hour from downtown Chicago in historic St. Charles, Ill.
“We are delighted Mike is joining us at Pheasant Run. He comes to the [...]

Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises.
Adding to the tension for commercial investors: Construction and insurance costs have soared.
At least one big plan — a $400 million proposal by Donald Trump to construct the city‘s tallest building — is going [...]

Crescent Real Estate Equities Co. has completed the sale of several properties, including two in Austin, to Walton TCC Hotel Investors V LLC as it prepares for a buyout.
Fort Worth-based Crescent [NYSE: CEI] has sold the Omni Austin Hotel and Austin Centre office building at 701 Brazos in downtown, as part of a transaction announced [...]

The Grand Rotana Resort & Spa Sharm El Sheikh has triumphed as ‘Best Middle East & North Africa Resort of the Year’ at the DEPA Hotel Awards beating 26 participants although it has been open for less than 2 years.
The awards, attributed by live ‘Interactive Voting System’, were presented during a glittering ceremony at Dubai’s [...]

Today represents a milestone for the Toronto International Film Festival, with the official groundbreaking for its long dreamed-of year-round home (known for now as Bell Festival Centre) on a parking lot at the corner of King and John Sts.
More than a thousand guests have been invited to a bubbly celebration at the Fairmont Royal York [...]

Celebrating not only their tenth anniversary but also a US$ 1.6 million flooring contract from Dubai Mall Hotel, Al Aqili Furnishings (AAF), is set to become the largest sole exhibitor at the Hotel Show 2007.
The industry showpiece which takes place at the Dubai International Exhibition Centre (DIEC) on 3-5 June will play host to the [...]

New York City-based developer Related has razed the St. Regis Hotel and has started construction on its 42-story condominium project, called the Century. The 140-unit development, designed by Robert A.M. Stern, will feature condos from 2,400 sf to 10,000 sf on a four-acre site on the Avenue of the Stars adjacent to the Hyatt Regency [...]

China and India are the fastest growing economies in the world and are expected to stay that way for the foreseeable future. Many international companies have had large operating and development teams in the region for sometime. Uniformly all companies are accelerating their activity. Those with mid-market and economy brands see this as the opportune [...]

When you read the word Hyatt, you probably think of plush hotels. When you read the word Andaz, you’re supposed to think of plush hotels with “personal style.”
Global Hyatt Corp. plans to launch several hotels under the new brand this year, with properties already slated for New York and London, and others to follow elsewhere [...]