Ten Things You Want to Know About Non Disturbance Agreements
Non disturbance agreements or NDAs govern the relationship between a hotel owner, hotel operator and financier. ...more

Molinaro Koger Advises Driftwood Hospitality/Lehman Brothers JV in Sale of Courtyard Richmond Airport
Molinaro Koger (MK) announced today they facilitated the sale of the Courtyard by Marriott Hotel Richmond International Airport, located in Sandston, Virginia, on behalf of a joint venture between Driftwood Hospitality and Lehman Brothers. ...more

Accor Announces the Sale of 57 Hotel Properties in France and Switzerland for EUR 518 Million
As part of its real estate management strategy, Accor has announced the signature of a memorandum of understanding to sell 47 hotels in France and 10 in Switzerland to a Real Estate Consortium including Caisse des Depots et Consignations and two investment funds managed by AXA Real Estate Investment Managers (European Hotel Venture & Alternative Property Income Venture). ...more

aloft Hotels Coming to India
The New Lifestyle Brand will Open Hotels in two of India's High-Tech hubs - Chennai and Bangalore ...more

Choice Hotels International and Real Hotel Company Sign Agreement Transferring Franchising Operation in United Kingdom to Choice
Choice Hotels International, Inc. (NYSE:CHH) today announced the execution of a definitive agreement transferring franchising operations from Real Hotel Group plc to Choice for its Comfort, Quality, Sleep and Clarion brand hotels in the United Kingdom on January 31, 2008. ...more

ELEMENT Hotel Coming To Houston, Texas
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), announced an agreement with Vintage Harris Hospitality, LP to open an ELEMENT hotel in Vintage Park, Houston's newest upscale shopping center, in the Spring of 2009. ...more

IHG Announces Crowne Plaza Conversion Near Denver Airport
255-room conversion to open in Q1 2008 after $10 million in renovations ...more

Huff, Niehaus & Associates announces the sale of the Hampton Inn Indianapolis East
The Hampton Inn East, located in eastern Indianapolis, recently transferred to new owners, New Indianapolis Hotels, LLC, who plan a $1.5MM renovation on their $7.5MM purchase of the 123-room Hampton Inn. ...more

Ashford Hospitality Trust Swaps Hotels with Hilton
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced it has restructured two of its joint ventures with Hilton Hotels resulting in Ashford receiving 100% ownership in nine hotels and Hilton receiving 100% ownership in two hotels. ...more

Amstar Group, Sage Hospitality and Inland Pacific Team to Buy Luxury Westin Hotel in Colorado
The Amstar Group, Sage Hospitality Resources and Inland Pacific Companies (IPC) announced the purchase of the 369-room, AAA Four-Diamond award-winning Westin Westminster hotel in Westminster, Colorado. ...more

Doubletree Hotel In Greensboro, NC Purchased By Milestone Capital Corporation
Doubletree Franchise Awarded to the Property Upon Completion of $18.0 Million Renovation ...more

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