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Las Vegas Sands Donating $7 million to Help Build New UNLV Academic Building for Hotel College
April 3, 2014
April 03--UNLV officials this morning announced a $7 million donation from the Las Vegas Sands Corp. to help build a new academic building for the Hotel College. The donation comes as UNLV looks to bolster its hospitality and gaming education as Las Vegas' primary industry faces increased competition globally and online. Las Vegas Sands, which operates the Venetian, Palazzo and several resort properties in Asia, recently launched a new corporate giving program called Sands Cares. As part of the program, Las Vegas Sands is committing $2.5 million to support the construction of Hospitality Hall, a new academic building for the Harrah Coll
Developer Shamir Patel Hoping to Convert Knights Key RV Resort & Marina to 200-room Hotel
April 2, 2014
April 02--The Knights Key RV Resort & Marina in Marathon is once again in line for major redevelopment. Orlando-area hotelier Shamir Patel's Capital Hospitality Management is under contract to purchase the 24.3-acre parcel on the oceanside of U.S. 1 at mile marker 47 from Texas-based Beal Bank. In 2006, Earthmark Companies acquired the RV park and planned a high-end 199-unit resort, but that fell through with the real estate bust. According to city Planning Director George Garrett, Patel plans a large resort but hasn't submitted to the city. "It'll be a hotel with a number of independent units. They've got 199 units; my understandin
Richland, WA 82-room Boutique Hotel One Step Closer to Reality with Escape Lodging’s Proposal
April 2, 2014
April 02--A new boutique hotel at Columbia Point in Richland is a step closer to reality after the city council Tuesday approved entering negotiations with a Cannon Beach-based firm. The firm, Escape Lodging, has several hotels and other properties in the Northwest. The Columbia Point hotel would have 82 guest rooms, plus spa rooms, a pool and other amenities. If negotiations are successful, a contract will come back to the city council at a future meeting. The hotel would bring in an estimated $311,000 annually to the city in tax and lease revenue. Escape Lodging CEO Tom Drumheller and Bob Naito of Portland-based Naito Development, whi
Lord Amherst Hotel in Amherst, NY Closing for Yearlong Renovation to Create 88-room Boutique Hotel
April 1, 2014
April 01--The Lord Amherst Hotel in Amherst will close as of April 14 to undergo a yearlong renovation that its developer owner hopes will create an 88-room upscale, boutique hotel that will retain elements of its half-century of history. Iskalo Development Corp. announced Tuesday that the 5 p.m. closing will allow it to start preparations to begin work on the hotel at 5000 Main St., next to the I-290. Renovations on the 52-year-old building -- including updated infrastructure and amenities -- are expected to take about a year. Plans call for it to reopen in the spring of 2015, likely under a new name after a rebranding during the renov
White Lodging Planning 32-story Tower with Two Starwood Hotels, Aloft & Element, in Downtown Austin
April 1, 2014
April 01--White Lodging Services Corp. said today that it plans to build a hotel project in downtown Austin that would have two Starwood-brand hotels in a tower slated to rise 32 stories at Congress Avenue and Seventh Streets. In an exclusive, White Lodging Services Corp. told the American-Statesman that the project will feature Starwood's upscale aloft and Element brands, with 410 rooms in all. White Lodging expects to start construction in December, with an anticipated summer 2016 opening, said Deno Yiankes, president and CEO of White Lodging's investment and development division. The hotel would be built just south of the Stephen F.
China Expected to Overtake U.S. in Business Travel Spending by 2015, A Year Sooner than Forecasted
March 31, 2014
March 31--China could surpass the U.S. as early as next year as the world's biggest spender in business travel, a year sooner than business travel experts had previously forecast. With China's gross domestic product growing at a slow but steady pace, the world's most populous country is expected to increase spending on business travel by 16.5% in 2014 to $262.1 billion and 17.8% in 2015 to $309 billion, according to the Global Business Travel Assn. Foundation. The foundation--the education arm for the world's business traveler managers--had previously predicted that China would overtake the U.S. as the top spender on business travel by
Florida’s Surge in Tourists Flooding Jacksonville Beach Hotels
March 30, 2014
March 30--The Saturday night lines waiting to get into nightclubs and restaurants stretched well into the Jacksonville Beach streets, evidence of a substantial boom in tourists to coastal communities this high season. Hotel-occupancy numbers provided last week by Visit Jacksonville, Duval County's tourist bureau, prove that the waiting lines were full of visitors. "Occupancy [of hotels] was overwhelmingly better," Visit Jacksonville spokesman Ron Whittington said. Top 25 Beaches: Find out which First Coast beach made the list The weekend of March 21 and 22 alone showed a huge increase in people making reservations at the 1,367 hotel roo
Tacoma, WA May Reach Deal for Downtown Lots Ending Long-Running Foss Waterway Hotel Legal Challenge
March 30, 2014
March 30--Tacoma's economic development director said Saturday the proposed sale of two city-owned parking lots to the Murano Hotel's owners is "a huge victory for the city of Tacoma" -- not the giveaway it first appeared to be. Ricardo Noguera said a recent city-funded appraisal of the two lots south of the downtown high-rise hotel puts their value at $1.34 million, not the $3 million or so that the two lots are valued at on Pierce County's tax rolls. A story in Saturday's News Tribune used the county figures after the city didn't respond to a request for more information on the proposed sale. The Murano's owner, KS Tacoma LLC, has pro