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Starwood’s Aloft Brand Heading to Louisville

Starwood’s Aloft Brand Heading to Louisville

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide announced that its Aloft brand will soon arrive in Louisville, Ken. Owned by REI Real Estate Services and Poe Companies and managed by White Lodging Services Corporation, Aloft Louisville Downtown is scheduled to open ...

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Year-End Results Show Positive Industry Uptick

Year-End Results Show Positive Industry Uptick

End-of-the-year earnings statements released by major hotel companies show that the industry ended 2013 on a positive note, with gains in RevPAR, occupancy, and ADR. Although some companies saw a drop in fourth-quarter revenues, year-end results for the majority remained ...

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The Line L.A. Hotel to Utilize EB-5 Financing

The Line L.A. Hotel to Utilize EB-5 Financing

BEVERLY HILLS, Calif.—NMS Capital Group, a Beverly Hills based financial services firm, announced that its wholly-owned subsidiary, NMS Capital Securities has been engaged as the financial advisor in connection with an $85 million mixed-use hotel development project located in Los ...

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Sage and Whitman Peterson Close Second Portfolio Acquisition

Sage and Whitman Peterson Close Second Portfolio Acquisition

DENVER—Sage Hospitality, a hotel investment and management companies in the U.S., announced the purchase of 11 hotels in partnership with Whitman Peterson. This purchase marks the second of a highly-focused investment venture between Sage and Whitman Peterson, wherein they plan ...

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