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Aloft New Orleans Downtown Slated to Open in 2015

Aloft New Orleans Downtown Slated to Open in 2015

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide has announced that its Aloft brand will debut in New Orleans in 2015, following the completion of an adaptive reuse project. The historic building will be transformed into a new Aloft Hotel in the ...

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Debt Markets Continue to Recover

Debt Markets Continue to Recover

With the hotel industry’s recovery from the recession steadily picking up speed, values coming back to pre-downturn levels, and RevPAR growth remaining consistent, the debt markets are returning to normal. And as lenders get more interested and competitive, they’re supplying ...

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Woodridge and Colony Acquire the Ritz-Carlton Kapalua Resort

Woodridge and Colony Acquire the Ritz-Carlton Kapalua Resort

MAUI, Hawaii—The Ritz-Carlton Kapalua Resort was sold to a partnership between Michael Rosenfeld’s Woodridge Capital Partners and Colony Capital and its affiliates including Colony Financial. The property, located on the island of Maui, is situated on 54 oceanfront acres, within ...

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R.D. Olson to Reposition LAX Office Building

R.D. Olson to Reposition LAX Office Building

IRVINE, Calif.—R.D. Olson Construction is commencing construction on a $44.5 million hotel project, the Residence Inn by Marriott at Los Angeles International Airport (LAX) in Los Angeles, Calif. The general contractor was chosen by new owners, SVI LAX to convert ...

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