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Inland American Acquires Loews New Orleans

Inland American Acquires Loews New Orleans

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, announced that it has acquired the 21-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key. Loews ...

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Universal Orlando Looking to Add Thousands of Hotel Rooms

Universal Orlando Looking to Add Thousands of Hotel Rooms

NBCUniversal President and Chief Executive Officer Steve Burke told investment analysts that Universal Orlando hopes to add thousands of hotel rooms in the next couple of years—stating that the growing amusement resort could add 10,000 or 15,000 rooms and still ...

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