Hotel
News
  • Temple Hotels Acquires Holiday Inn in Alberta
    Thursday, 23 May 2013 09:50

    WINNIPEG — Temple Hotels has acquired Holiday Inn Express Hotel and Suites in Sherwood Park, Alta., for $15.15 million.

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  • Plans for a Toronto Casino Are Dead
    Wednesday, 22 May 2013 09:48

    TORONTO — Following months of controversy and debate, Toronto councillors have voted against developing a casino complex in the city.

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  • Starwood Inks Multi-year Renewable Energy Deal
    Tuesday, 21 May 2013 10:24

    STAMFORD, Conn. — Starwood Hotels and Resorts has inked a multi-year agreement with NRG Energy, Inc., a Princeton, N.J.-based solar power developer, to introduce renewable energy sources and reduce its carbon footprint and local air emissions at three of its properties.

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Featured
Article
  • O For Opportunity
    Friday, 10 May 2013 10:14

    Rosanna-150x150How can you tell a new season is upon us? This spring didn’t feel much like a new season, given the wonky weather. And, to make matters worse, the spring budget offered little to the hotel industry. If that isn’t enough to make us shake our heads, could anyone have imagined the tragedy that struck the Boston Marathon, where three American spectators were killed and hundreds more injured? A new season: some days it feels more like the end of the world.

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  • Money Talks: Low Cost of Borrowing Encourages Development Opportunities
    Friday, 10 May 2013 00:00

    financingAfter a few tumultuous years, hotel financing is back in a big way, but borrowers ready to take the plunge should be prepared to navigate mindfully.

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