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FHG Opens New Hyatt Place Hotel

FHG Opens New Hyatt Place Hotel

ROSEMONT, Ill.—Hyatt Hotels & Resorts and First Hospitality Group Inc. have opened Hyatt Place Champaign/Urbana. It is the first Hyatt-branded hotel to open in downtown Champaign. “As Champaign continues to grow, we are excited to add to the momentum by ...

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Le Meridien Tampa Debuts in Century-Old Courthouse

Le Meridien Tampa Debuts in Century-Old Courthouse

Starwood Hotels & Resorts Worldwide Inc. announced the debut of Le Méridien Tampa, following an adaptive re-use project that has transformed a century-old federal courthouse into the city’s newest hotel. Developed by Memphis-based Development Services Group and owned via joint ...

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One Daytona Selects Hotel Partners

One Daytona Selects Hotel Partners

One Daytona, the proposed mixed-use and entertainment destination across from Daytona International Speedway in Daytona Beach, Fla., selected Shaner Hotels and Prime Hospitality Group (PHG) as its hotel partners. Shaner Hotels and PHG are planning a 145-room, full-service boutique property ...

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U.S. Construction Pipeline Picking Up Speed

U.S. Construction Pipeline Picking Up Speed

The total construction pipeline continued its upward trend in Q1 2014 and now stands at 3,226 projects/407,235 rooms, up 13 percent and 15 percent, respectively, year-over-year (YOY). For the second consecutive quarter, the pipeline posted a double-digit percentage increase after ...

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Starwood Capital Group to Acquire TMI Hospitality

Starwood Capital Group to Acquire TMI Hospitality

GREENWICH, Conn./FARGO, N.D.—Starwood Capital Group, through a controlled affiliate of Starwood Global Opportunity Fund X, has entered into an agreement to acquire all of the outstanding stock of TMI Hospitality from the TMI Hospitality Employee Stock Ownership Plan. The acquisition ...

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