Acting on behalf of LB FV LLC, a subsidiary of Lehman Brothers, hotel real estate advisory, brokerage, and capital markets firm Molinaro Koger (MK) sold the 758-room, beach-front Forte Village Resort in Sardinia. Forte Village was purchased by Italian private real estate fund, FIMIT sgr for €312 million.
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announces its aggressive expansion in Latin America, with twelve new hotel projects in Mexico, Central America and South America.
Internet travel service priceline.com (Nasdaq: PCLN) released the results of its 4th annual survey of the 50 most-popular destinations for the upcoming Independence Day week.
Rude waiters have the most negative impact on the dining experience and hence a restaurant’s reputation, according to one quarter of respondents who participated in Opinion Research (an infoUSA company)(NASDAQ:IUSA) Corporation’s latest Ouch Point study
aloft has so far announced hotels in Beijing, the capital city of China; in Sydney, Australia’s economic powerhouse; and today, announced its first hotel in Southeast Asia - aloft Bangkok - Sukhumvit 11.