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Kimpton to Convert Historic R.J. Reynolds Building

Kimpton to Convert Historic R.J. Reynolds Building

SAN FRANCISCO—Kimpton Hotels & Restaurants has announced a new partnership with Philadelphia-based PMC Property Group to convert one of the most iconic and historically significant properties in Winston-Salem, N.C.—the R.J. Reynolds Building—into the city’s first luxury boutique hotel, which will ...

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Classic Hotels & Resorts Acquires Laguna Cliffs Inn

Classic Hotels & Resorts Acquires Laguna Cliffs Inn

Phoenix, Ariz.—Classic Hotels & Resorts has acquired The Laguna Cliffs Inn located in Laguna Beach, Calif. The boutique property is the newest addition to Classic Hotels & Resorts California Coastal Collection, which currently includes The Inn at Laguna Beach (also ...

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Waterstone Resort & Marina Boca Raton Opens

Waterstone Resort & Marina Boca Raton Opens

BOCA RATON, Fla. and MCLEAN, Va.–Hilton Worldwide and DoubleTree by Hilton have announced the opening of Waterstone Resort & Marina Boca Raton – a DoubleTree by Hilton. The refurbished 139-room hotel is only 300 yards from the Atlantic Ocean and ...

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Interval Leisure Group to Acquire Hyatt Residential Group

Interval Leisure Group to Acquire Hyatt Residential Group

MIAMI & CHICAGO—Interval Leisure Group and Hyatt Hotels Corporation have announced their affiliates have signed a definitive agreement for ILG to purchase Hyatt Residential Group for approximately $190 million. In addition, ILG will acquire Hyatt’s interest in a joint venture ...

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The Ritz-Carlton to Expand Global Portfolio

The Ritz-Carlton to Expand Global Portfolio

CHEVY CHASE, Md.—The Ritz-Carlton Hotel Company will open 15 new hotels by 2016, growing its global footprint to 100 hotels and resorts. New openings ranging from a city property in Cairo to a beachfront resort in Bali. “This prolific period ...

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