CB RICHARD ELLIS HOTELS SELLS FULL SERVICE COLORADO HOTEL RADISSON DENVER NORTH - THORNTON, CO
October 7, 2009 Posted by CB Richard Ellis
Houston, TX - October 7, 2009 - (RealEstateRama) — The Radisson Denver North, Colorado, Texas has been sold. Lisa Hankamer of CB Richard Ellis’ Hotels Group, announced that the sale of the 133-unit, interior corridor property occurred at the end of September 2009. The Hotel, which is a local landmark, has great visibility along I-25, just 10 minutes north of Downtown Denver and was sold free-and-clear of management and franchise affiliation. The new owners, Stone Castle Corporation, has over 20 year’s experience operating hotels in the state of Colorado and have a proven track record for repositioning hotels within their respective market arenas. Approximately $6 million will be spent on upgrading the facility and rebranding. The group has a history operating under most of the major brands and has been quite successful in capturing a broader market base through their repositioning.
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$11 Million Holiday Inn Express and Suites Opens in Largo, Florida
July 7, 2009 Posted by Florida RealEstateRama
The new hotel marks the 100th Holiday Inn Express to open this year. ATLANTA, CA - July 7, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world’s largest hotel group by number of rooms, announced today that the Holiday Inn Express® and Suites Largo-Clearwater opened on June 4, as the 100th Holiday Inn Express to open this year under the new sign. The hotel brings 95 guest rooms and 35 job opportunities to downtown Largo, Fla
Crowne Plaza Hotel Opens at New Orleans Airport
February 26, 2009 Posted by Louisiana RealEstateRama
February 26, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world’s largest hotel group by number of rooms, today announced that the Crowne Plaza New Orleans-Airport has undergone a $28 million renovation and conversion from a former Holiday Inn Select.
Crowne Plaza Hotel Opens at New Orleans Airport
February 26, 2009 Posted by Louisiana RealEstateRama
February 26, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world’s largest hotel group by number of rooms, today announced that the Crowne Plaza New Orleans-Airport has undergone a $28 million renovation and conversion from a former Holiday Inn Select
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