Berjaya Land Berhad (KLSE:4219) is teaming up with Jeju Free International City Development Center (JDC) to develop a resort-type residential and commercial complex in Jeju in South Korea at a cost of US$2.6 billion.
Berjaya Land’s wholly-owned unit Berjaya Leisure (Cayman) Limited signed the joint venture agreement with JDC on 29 April 2008.
Under the agreement, Berjaya [...]

MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]

The Gayana Eco Resort on Pulau Gaya will be the first resort in Sabah to be affiliated with Small Luxury Hotels, a worldwide group of hotels offering exclusive holiday experiences.
Situated in the Tunku Abdul Rahman Marine Park, its 44 water chalets lie in Malohom Bay.
The resort offers a seafood restaurant, dive centre, Marine Ecology Research [...]

Agilysys, Inc., a leading provider of innovative information technology and hospitality software solutions, announced today that Paragon Casino Resort in Marksville, La. has selected Agilysys to provide a wide range of software solutions for the 531-room property, which recently completed an expansion that added an eight-story atrium and more than 200 guest rooms.
Paragon Casino Resort [...]

Real estate entrepreneur Jeanne Rizzotto has a penchant for unusual projects, and creating the Of Course RV Resort LLC (http://www.ofcourservresort.com), the first of many motor coach resorts in the nation to include a designer golf course, is her most unusual endeavor to date. Located just north of the historic mountain town of Red Lodge and [...]

A 12-to-14-story hotel and condo tower, as well as a multimillion-dollar water park, could be coming to downtown Ogden, the City Council was told Tuesday night.
Midtown Development of Orem wants to buy nearly 2 acres on a prime corner of the city-owned Junction mall for the hotel-condo tower. It would be [...]

Starwood Hotels and Resorts Worldwide is to open a W Hotel in Amman after agreeing a deal with Jordanian property developer Saraya. The 280 room property will open in 2011 and it will be located at Saraya’s new headquarters. The W Amman will be the brand’s fourth hotel in the Middle East; a W Hotel [...]

Acciona Real Estate unveiled its properties in Warsaw at the recent Targi Mieszkaniowe Tabelaofert, one of Poland’s leading property fairs. At the fair, which was held on 6 and 7 October, Acciona Real Estate presented the fourth phase of its Iskra project, where it has just begun construction. It also unveiled its new development in [...]

A nine-story main structure with a rooftop pool will connect two 22-story buildings. Amenities of the 900-unit property include restaurants, retail outlets, a spa, a fitness center, and 140,000 square feet of convention and meeting space. Guestrooms will feature fully equipped kitchens with granite countertops, crown molding, flat-screen TVs, and whirlpool tubs. The Scott Partnership [...]

A worker smooths some concrete at the Chateau Royal condominium project at 650 Mt. Pleasant Road in Toronto. General contractor Toddglen Chateau Limited began the eight-storey, 97-unit project in January 2006 and completion has been scheduled for November. There will also be three levels of underground parking and retail on the ground floor.
The [...]

A real-estate deal in Denver goes into the history books. An anonymous buyer spent $10 million on the penthouse condo that will be built on top of the new Four Seasons Hotel at 14th and Arapahoe.
According to the Four Seasons that is the most expensive condo ever bought in the Denver area. [...]

Interstate Hotels & Resorts (NYSE: IHR), one of the nation’s largest independent hotel management companies, today announced that it has been selected to manage the EuroSuites luxury condo-hotel in the Doral area of Miami, Florida. The nearly completed 368-suite property is being developed by Concalpro Group Corporation and asset managed by EuroSuites Hospitality Group, both [...]