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Beijing’s Wanda Group Plans New Build 89-story Skyscraper in Chicago; Will Include a Luxury Hotel

Beijing’s Wanda Group Plans New Build 89-story Skyscraper in Chicago; Will Include a Luxury Hotel

Richard Verrier | Los Angeles Times | July 11, 2014

July 10--China's richest man is expanding his empire in America. Wang Jianlin, whose Beijing-based Dalian Wanda Group acquired AMC Theatres for $2.6 billion...

Having Bought Nine, Fico Corp. Aims to Acquire Up to 20 More European Hotels Over Next Two Years

Having Bought Nine, Fico Corp. Aims to Acquire Up to 20 More European Hotels Over Next Two Years

Somruedi Banchongduang | Bangkok Post, Thailand | July 11, 2014

July 11--Fico Corporation aims to acquire up to 20 more hotels in Europe over the next two years after flagging its first investment there by buying nine...

Once Opened, the Grand Hotel Spokane to Become a Part of Marriott’s Autograph Collection

Once Opened, the Grand Hotel Spokane to Become a Part of Marriott’s Autograph Collection

Tom Sowa | The Spokesman-Review, Spokane, Wash. | July 11, 2014

July 11--More than nine months after starting construction, the new downtown Spokane convention center hotel has a new name and a formal franchise deal with...

San Carlos, CA to Propose Rezoning Two Blocks of Industrial Road to Allow for a Row of Hotels

San Carlos, CA to Propose Rezoning Two Blocks of Industrial Road to Allow for a Row of Hotels

Bonnie Eslinger | Palo Alto Daily News, Calif. | July 11, 2014

July 11--With one new hotel already in the planning stage, San Carlos officials are entertaining the idea of possibly getting a row of them. The Planning...

Despite Military Coup, Hotel Investment Alive and Well in Junta-Controlled Thailand, JLL Says

Despite Military Coup, Hotel Investment Alive and Well in Junta-Controlled Thailand, JLL Says

Suchat Sritama | The Nation, Bangkok, Thailand / Asia News Network | July 11, 2014

July 11--BANGKOK (The Nation/ANN) -- Despite the decline the tourism sector has experienced since the military seized power in May, investors have concluded...

Hotel Demand Rises 7.3% in May 2014 in Montgomery, AL

Hotel Demand Rises 7.3% in May 2014 in Montgomery, AL

Scott Johnson | Montgomery Advertiser, Ala. | July 11, 2014

July 11--More people have been compelled to visit Montgomery this year, based on recent data on hotel occupancy. The city saw a 7.3 percent increase in...

Hospitality Management, a Division of Martens Cos., Opens First Hotel as a Developer

Hospitality Management, a Division of Martens Cos., Opens First Hotel as a Developer

Jerry Siebenmark | The Wichita Eagle | July 11, 2014

July 11--A local commercial real estate firm is increasing its stake in the regional hotel business. Hospitality Management, a division of the Martens Cos.,...

Chicago’s Navy Pier to Send Formal Requests for a New Build Five-Story Boutique Hotel

Chicago’s Navy Pier to Send Formal Requests for a New Build Five-Story Boutique Hotel

Ellen Jean Hirst | Chicago Tribune | July 10, 2014

July 09--Navy Pier plans to send out formal requests this summer seeking real estate firms to build, finance and operate a five-story boutique hotel on the...

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