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Value Place to Invest $131 Million in Florida

Value Place to Invest $131 Million in Florida

MIAMI—Value Place announced today it plans to invest $131 million to purchase land and develop 15 new corporate extended-stay properties in the greater Miami region over the next two years. Construction of the first 124-unit property is slated to begin ...

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Delta Hotels and Resorts to Open Flagship Hotel in Toronto

Delta Hotels and Resorts to Open Flagship Hotel in Toronto

TORONTO—Delta Hotels and Resorts unveiled its flagship hotel in Toronto’s South Core neighbourhood during a topping off event, marking the completion of the hotel’s 46th floor. Scheduled to open in late 2014, the Delta Toronto at Southcore Financial Center will ...

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Ritz-Carlton Planning Reserve on Pearl Island

Ritz-Carlton Planning Reserve on Pearl Island

PANAMA CITY—The Ritz-Carlton Hotel Company is expanding its collection of Reserve hotels with plans to open a luxury resort on Pearl Island, a private island situated 45 miles south of Panama City. The resort is the sixth planned Reserve property, ...

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Starwood to Debut Aloft Raleigh in 2015

Starwood to Debut Aloft Raleigh in 2015

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced that its Aloft brand is set arrive in Raleigh, N.C., in 2015. Aloft Raleigh is owned by a joint venture between the Bernstein Companies and Bell View Partners, and will feature 135 rooms. ...

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Radisson Signs Hotel in Porto Alegre, Brazil

Radisson Signs Hotel in Porto Alegre, Brazil

PORTO ALEGRE, Brazil—Radisson announced the signing of the Radisson Porto Alegre, Brazil with an expected opening of Oct. 31. A mulit-million dollar renovation is planned for the 132-room property. As Radisson further expands in South America, this hotel marks the ...

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