Today's News

$19 Million 70-room “Sessions Hotel” to be Developed in Bristol, Virginia

Michael L. Owens | Bristol Herald Courier, Va. | December 19, 2013

Dec. 19--Bristol, Va., officials announced this morning that a private development group will be renovating several unused downtown buildings to create a new...

Developer Ed Bushor and Artist Wyland Acquire HI’s Bankrupt Naniloa Volcanoes Hotel for $7 Million

Andrew Gomes | The Honolulu Star-Advertiser | December 19, 2013

Dec. 19--The Naniloa Volcanoes Hotel has a new owner and a new future as a marine art-themed vacation resort in Hilo. A company led by real estate developer...

Florida Development Group Acquires the 147-key Lauderdale Beachside Hotel in Florida for $17 Million

Paul Owers | Sun Sentinel | December 19, 2013

Dec. 19--A foreign investment group has paid $17 million for the Lauderdale Beachside Hotel and says it will renovate the rundown property in...

N.J.‘s Atlantic Club Bankruptcy Auction Continues for Second Day; Union Objects to Potential Sale

Jennifer Bogdan | The Press of Atlantic City, Pleasantville, N.J. | December 19, 2013

Dec. 18--A bankruptcy auction for the Atlantic Club Casino Hotel has extended into a second day after hours of bidding on Tuesday failed to produce a...

Plant City, Florida’s Bankrupt 261-room Red Rose Inn Sells for $1.5 Million

Dave Nicholson | Tampa Tribune, Fla. | December 19, 2013

Dec. 19--PLANT CITY -- An iconic hotel that has been closed for 17 months might be getting a new owner. Louis Spiro, who lists a Pinellas Park address in...

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