Previously managed by Rosewood Hotels & Resorts, the property will continue to be owned and operated by CBI Acquisitions under the new name, Caneel Bay Resort and will open for the new season on November 1, 2013.
Diamond has acquired the management contracts for each company’s properties, and added Island One’s owner families to Diamond’s portfolios.
In this new role, Alderman will be responsible for corporate development and growth initiatives in the eastern half of the U.S., along with other development and acquisition projects across the brand.
Baker & McKenzie's views on what the Foreign Acquisitions and Takeovers Act have to do with Hotel Management and Franchise Agreements by Graeme Dickson and Rahul Parrab, Baker & McKenzie
Loews Hotels announces the appointment of Michael Palmeri as Vice President, Acquisitions and Development. Palmeri joins the Loews team as part of the strategic initiatives the company is taking to expand its hotel platform and portfolio of properties.
Chatham Lodging Trust (NYSE: CLDT) and affiliates of Cerberus Capital Management, L.P., a private investment firm, announced that they have completed the acquisition of 64 hotels from affiliates of Innkeepers USA Trust.
The previously announced acquisition nearly doubles Chatham’s existing hotel investments.
Herthel joins Montage Hotels & Resorts having recently returned to the United States from Abu Dhabi, where he served as Senior Vice President of Project Development for Viceroy Hotel Group, a position he held since 2008.
San Francisco based Kimpton Hotels & Restaurants today announced several new hires to its development team, which will provide a solid foundation to move quickly on acquisition and management opportunities across the country.
Home Inns & Hotels Management Inc. (Nasdaq: HMIN) today announced the closing of its offering of US$184 million in aggregate principal amount of 2.00% convertible senior notes due 2015.