|
Development News
|
|
Written by Dr. Magoo
|
|
Wednesday, 18 April 2007 |
120 Hyatt Place Hotels to Open by Year-End; Four in Nashville. Hyatt Place/Opryland and Hyatt Place Nashville - Northeast celebrated grand openings this week, marking Hyatt Place's debut into Tennessee with two of four hotels set to open in the city this year. Hyatt Place, a new kind of hotel that complements Hyatt's full service brands, combines contemporary design with innovative services and amenities to create an atmosphere of casual hospitality.
'Today's lifestyle can no longer be put into 'work' or 'play' silos. People are shifting seamlessly between professional and personal tasks but hotel offerings haven't kept up with this shift in lifestyle,' said Jim Abrahamson, senior vice president, Hyatt Corporation. 'Hyatt Place is specifically designed around this new breed of travelers, offering guests a mix of comfortable and functional amenities in an environment designed to help them stay relaxed, fulfilled and productive while traveling.'
|
|
Last Updated ( Friday, 20 April 2007 )
|
|
Read more...
|
|
|
Development News
|
|
Written by Dr. Magoo
|
|
Wednesday, 18 April 2007 |
|
Announcing the First ELEMENT Hotel Outside of the United States Starwood Hotels & Resorts Worldwide, Inc. today announces an agreement with Manga Hotels International to develop the first ELEMENT hotel outside of the United States in Toronto, Canada - ELEMENT Toronto Downtown. Opening in January 2009, the ELEMENT Toronto Downtown will offer a fresh perspective on the extended stay experience through smart design, modern style and natural touches.
Launched in the fall of 2006, ELEMENT Hotels is inspired by Westin Hotels & Resorts and will re-define the extended-stay segment - the fastest growing segment in the hotel industry - by giving guests a place to flourish while on the road. The ELEMENT Toronto Downtown will be conveniently situated on Front Street West, just minutes from Toronto's booming downtown financial district, as well as the relaxing shores of Lake Ontario. Guests will also enjoy close proximity to Toronto's lively city center, where they can visit art museums, sample cuisine from around the world, and ascend the world-famous CN Tower, which offers bird's-eye views of the city.
|
|
Last Updated ( Friday, 20 April 2007 )
|
|
Read more...
|
|
|
Development News
|
|
Written by Dr. Magoo
|
|
Wednesday, 18 April 2007 |
|
Luxury Hotel in Mexico City to Open in 2009 In a joint press conference today in Mexico City, Global Hyatt Corporation and GICSA announced the latest addition to the prestigious Park Hyatt portfolio, Park Hyatt Mexico City - Reforma. Located within the impressive Capital Reforma development, a new multi-purpose complex comprised of offices, high-end luxury Park Hyatt Residences and exclusive retail shops, Park Hyatt Mexico City is slated to open in late 2009.
With 150 luxury guest rooms and suites, the hotel will feature modern architectural design combined with rich residential interiors, two creative restaurant concepts, a lounge and elegant bar - all designed to appeal to both hotel guests and local residents. Banquet and meeting options will include a variety of flexible spaces, incorporating natural light and space into the design. In addition, the hotel will serve as a modern urban retreat, featuring a luxurious two-floor spa and convenient, exclusive access to the complex's heliport.
|
|
Last Updated ( Friday, 20 April 2007 )
|
|
Read more...
|
|
|
Development News
|
|
Written by Dr. Magoo
|
|
Wednesday, 18 April 2007 |
|
New Resort & Casino Features State-of-the Art Casino Floor, Award-Winning Restaurants, Leading Entertainment Shows, Comprehensive Shopping Experience and the Most Exclusive Nightlife On The Strip
Planet Hollywood announced the arrival of the new Planet Hollywood Resort & Casino, a fully renovated entertainment and luxury destination on the former site of the Aladdin, in the heart of the legendary Las Vegas Strip. The unprecedented head-to-toe renovation is retro-chic. From the floor to ceiling Swarovski crystal chandeliers in the glamorous lobby, to the cutting edge casino floor with majestically high ceilings and architectural touches that are unrivaled in the city, the resort is positioning itself as one of the major players on the Strip.
|
|
Last Updated ( Tuesday, 24 April 2007 )
|
|
Read more...
|
|
|
Development News
|
|
Written by Dr. Magoo
|
|
Wednesday, 18 April 2007 |
|
Starwood Vacation Ownership, a division of Starwood Hotels & Resorts Worldwide, Inc, announced today that it has broken ground on its second Westin-branded vacation ownership resort in Mexico.
The Westin Los Cabos Ocean Villas is the first vacation ownership resort in Los Cabos, Mexico to be developed by a major U.S.-based lodging company.
The Westin Los Cabos Ocean Villas will feature 64 two-bedroom lock-off villas and boast Westin's signature amenities and services that help guests feel at their best, including pools, a restaurant, spa and WestinWORKOUT(R) Powered by Reebok fitness facility. Villas will feature gourmet kitchens with granite countertops, separate living and dining areas, balconies overlooking the Sea of Cortez, separate bedrooms featuring the renowned Westin Heavenly Bed(R) and flat screen televisions in the bedrooms and living room area
|
|
Last Updated ( Tuesday, 24 April 2007 )
|
|
Read more...
|
|
|
Development News
|
|
Written by Dr. Magoo
|
|
Tuesday, 17 April 2007 |
CNL Hotels & Resorts, Inc. announced today that its stockholders have approved, at a special meeting, the previously announced sale transaction, consisting of the sale of select properties to a fund managed by Morgan Stanley Real Estate and to Ashford Hospitality Trust, Inc, followed by the merger of the Company to a fund managed by Morgan Stanley Real Estate. Over 95 percent of the total shares that voted were in favor of the sale transaction. Subject to the satisfaction or waiver of applicable closing conditions, the Company expects the asset sales to be completed on April 11, 2007, and the merger to be completed on April 12, 2007.
Under the terms of the merger agreement, following the completion of the sale transaction, the Company's stockholders will be entitled to receive $20.50 in cash, without interest and less any applicable withholding for each share of common stock of the Company that they own. The total consideration is comprised of a special dividend of $12.55 per share, which is payable to stockholders of record as of the close of business on the day the asset sales are completed, and $7.95 per share in respect of the merger.
|
|
Last Updated ( Monday, 23 April 2007 )
|
|
Read more...
|
|
|
Hospitality News 
