Hotel Investment

Haunted Colorado Hotels: Book a Room If You Dare

Colorado has no shortage of old hotels and that means there is no shortage of haunted hotels. Every city seems to boast of having at least one of these establishments. Indeed, some even served as hospitals, such as the Colorado Hotel in Glenwood Springs during World War II. Ghostly experiences are not promised, and in fact many people stay in ...

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Highgate increases its investments in sustainability

Highgate, a global property investment and hotel management firm, is moving to 100% renewable electricity, starting with the majority of its select-service properties, as well as seventeen full-service hotels. The initiative will be certified by Green-e Energy, an independent certification and verification program for renewable energy. “We are determined to be part of the solution to tackling climate change,” said ...

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Maya Capital and AnaCap acquire office and hotel program in £ 125million deal

Maya Capital LLP and AnaCap Financial Partners have completed the acquisition of 160 Blackfriars Road in Southbank, London. The property consists of a 106,000 square foot office building and a ground floor commercial building currently 50% leased, as well as adjacent land for a licensed hotel project. Maya and AnaCap plan to undertake a major renovation of the existing office ...

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UBM Development: and Accor open “Mercure Katowice Centrum”, receiving the PLGBC Green Building Award for sustainable real estate development

Focus on sustainability under the motto “Green & Clean” as the leitmotif of the Mercure Katowice Centrum hotel PLGBC Sustainable Building Award 2021 “Green & Clean: in tune with the times” Katowice, 14.10.2021. The celebrated grand opening of the Mercure Katowice Centrum marked the end of the work after a period of only two years. The hotel operating under the ...

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READI Proposal Seeks $ 50 Million State Grant for Various Projects | New

Local and regional officials are seeking tens of millions of dollars in funding under a new statewide program for various economic and quality-of-life projects, including the hotel and conference center of the Kokomo city center and industrial park. The North Central Indiana Regional Planning Council (NCIRPC) recently submitted a 27-project proposal to the Indiana Economic Development Corporation seeking $ 50 ...

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Abilene Hotel Grand Opening Consolidates $ 80 Million Project

With a turn of a mound of dirt on a frosty Friday morning, the dream of a downtown convention center hotel has finally found itself on solid ground. City officials and guests gathered on North Sixth and Cypress Streets to celebrate what many have called a long-standing victory to bring the project to Abilene’s central business district. About 250 people ...

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Will the dirty laundry of the IHG hotel group weigh on its share price?

LIKE the pandemic has shown us that there are things without which we are ready to live and others without which we are not. Loo roll falls into the old camp, with gasoline and pet food, but it’s probably possible to survive a shortage of soft drinks and children’s toys (albeit a six-year-old may not agree). However, where you fall ...

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Fortress Investment Group presents plans for Frenchman’s Reef Resort

Frenchman’s Reef, St. Thomas, shown in Fortress Investment Group presentation. (Screenshot of the Zoom meeting) Officials from CREF3 USVI Hotel Owner, Inc., a company owned and managed by Fortress Investment Group, on Tuesday presented plans for Frenchman’s Reef Marriott Resort, which the company is scheduled to reopen in November 2022, after being devastated by the storms of 2017. The presentation ...

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NIHF Industry Report Highlights Sector Resilience

The impact of Covid-19 on the Northern Ireland hotel sector will be on the 2021 Hospitality Exchange agenda, but the focus will be firmly on the future and support to restore the industry to pre-pandemic levels. Taking place at the Crowne Plaza Hotel on October 12-13, the two-day conference program will be a combination of analysis, advice and support for ...

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Reviews | How “opportunity zones” became a tax loophole for the rich

Congress inserted a provision into the 2017 tax bill that led to the creation of 8,764 tax havens across the United States, called “opportunity zones.” With a capital gains tax break sold as a way to get the rich to invest in poor neighborhoods, opportunity zones appear to offer more opportunities for the rich to reduce their taxes than to ...

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