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Gates Hotel Key West to Debut in Fall 2014

Gates Hotel Key West to Debut in Fall 2014

KEY WEST, Fla.—The Gates Hotel Key West, a new independent hotel with 100 rooms, will open on the island of Key West, Fla., in fall 2014. The boutique address under new ownership of Highgate Hotels will combine refined luxury, modern ...

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Green Hotels Lower Environmental Impact, Increases Profits

Green Hotels Lower Environmental Impact, Increases Profits

Hotels certified in the sustainable building program Leadership in Energy and Environmental Design (LEED) helps the environment and boosts revenue for the hotel, according to a new Cornell University School of Hotel Administration study. By comparing 93 LEED certified U.S. ...

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Vail Resorts Acquires Park City Mountain Resort

Vail Resorts Acquires Park City Mountain Resort

BROOMFIELD, Colo.—Vail Resorts Inc. has acquired Park City Mountain Resort (PCMR) from Powdr Corp. for $182.5 million in cash, subject to certain post-closing adjustments. The acquisition includes all of the assets of Greater Park City Company (GPCC), the land used ...

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Kimpton to Break Ground on Milwaukee Hotel

Kimpton to Break Ground on Milwaukee Hotel

SAN FRANCISCO—Kimpton Hotels & Restaurants will break ground on its Milwaukee hotel by the end of the year. The new Kimpton Milwaukee is the first upscale boutique hotel in the city’s Third Ward district. Originally an industrial and warehouse district ...

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Developer Offers $90 Million for Revel

Developer Offers $90 Million for Revel

There still may be hope for the Revel Casino Hotel in Atlantic City, which shut its doors earlier this month. Court papers filed on Wednesday show that Glenn Straub, a real-estate developer, is offering $90 million in cash to acquire ...

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