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Gleneagles Hotel sold by Diageo

2015-07-01 10:39:17| BBC News | Business | UK Edition

Gleneagles Hotel and resort has been sold by drinks company Diageo, which has owned it for 31 years.

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Boyd Gaming Announces Significant Expansion Of Delta Downs Racetrack Casino Hotel

2015-06-30 16:32:34| Trucking - Topix.net

Set for completion at the end of 2016, the centerpiece of the project is a new hotel tower, featuring 167 additional guest rooms and suites. Boyd Gaming also plans to redesign all 200 existing rooms at the property, providing a fresh new look and feel to the hotel.

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NYPD briefs hotel private security officials on 3 overseas terror attacks

2015-06-27 14:58:53| Chemicals - Topix.net

The NYPD took steps Friday to bring private security officials up to speed on three deadly attacks overseas that a top city police official said appear to be part of a disturbing increase in terror-related activity. John Miller, NYPD deputy commissioner of intelligence and counterterrorism, said though no specific intelligence from Friday's attacks was related to New York City, they follow six cases in the metropolitan area in which people have been arrested after being accused of being in various stages of taking action in the Islamic State's name.

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Mexico's biggest hotel operator to open its first property in Chicago in 2017

2015-06-26 22:48:04| Food - Topix.net

Grupo Posadas, which bills itself as Mexico's largest hotel operator, is joining forces with Las Vegas-based private equity firm Bighorn Capital to bring the GP's high-end boutique hotel brand, Live Aqua, to Chicago. Per its agreement with Grupo Posadas, Bighorn Capital will invest $450 million to develop Live Aqua properties in Chicago and four other United States markets - Los Angeles, Miami, Houston and Washington, D.C. Grupo Posadas said these five markets were initially targeted for the new hotels because they have substantial Hispanic populations and attract numerous Latin American travelers that will help fill the hotels with guests.

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2015 Hotel Investment and Finance Opportunities: Hottest Hospitality Segments for Investors

2015-06-25 04:30:11| Jewelry - Topix.net

Deric Eubanks, Chief Financial Officer of Ashford Hospitality Trust, discusses why now is a great time to buy hotels, which segment provides the best opportunities, and how supply growth will affect the hospitality industry over the next few years. Deric sat down with Bob Braun, a senior partner in the JMBM Global Hospitality GroupA , as part of our video interview series on hotel finance and investment opportunities in 2015.

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