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 [...]

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 [...]

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 [...]

Hotel buyouts are proving a bonanza for mutual funds which snapped up Hilton, Marriott and other hotel stocks after the September 11, 2001, attacks.
Private-equity firm Blackstone Group’s (BX.N) $20 billion bid for Hilton Hotels Corp. (HLT.N) on Tuesday sparked a 27 percent rise in shares of the second-biggest U.S. hotel chain over Thursday and Friday, [...]

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 [...]

Starwood Hotels & Resorts Worldwide, Inc. announces today that The Westin Roco Ki Beach & Golf Resort is on schedule to open in May 2008. Destined to become one of the world’s most spectacular luxury properties, the 337-room resort will be located directly on a dedicated four-mile stretch of white sand beach in Punta [...]

Aqua Hotels & Resorts has named Alvida Surpia general manager of the 80-room Aqua Coconut Plaza, the company said Monday.
Most recently general manager of Aqua Bamboo & Spa, Surpia will oversee overall operations of the property including its upcoming renovation process.
Prior to joining Aqua, Surpia held management positions with Ala Moana Hotel [...]

When checking in to my room at the Jury’s Inn in Limerick, Ireland recently, I noticed a coffee trolley labeled “Il Barista” in the lobby. It was adjacent to the reception desk and had a sleek espresso machine and mini-pastries. Mind you, there was no warm-blooded barista in sight. But my hotel, it seems, was [...]

Starwood Capital Group today announced that the recently launched “1” Hotel and Residences, the world’s first luxury, eco-friendly global hotel brand, will open New York City’s first five-star green hotel on West 40th Street in Manhattan, across from Bryant Park. The “1” Hotel and Residences will be part of a proposed 31-story mixed-use green tower [...]

Earlier this month, the Edge Group announced that it was canceling the planned W Las Vegas mixed-use project. First proposed in 2005 for a 2008 opening, the project plan included 3,000 condo hotel units, 10 restaurants and nightclubs, a 75,000 square foot casino, and 300,000 square feet of convention and meeting space.
The project had grown [...]

Starwood Hotels & Resorts has signed eleven new franchise agreements with ITC Limited. As a result, travelers in India will soon have access to 23 hotels in the country under the Sheraton, Westin, The Luxury Collection and Le Méridien brand umbrellas.
As part of the agreement and following significant renovations in recent months, seven existing Sheraton [...]