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Blackstone Group acquires 15-hotel portfolio from OTO Development

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OTO Development has sold 15 hotels under Marriott, Hilton and Hyatt brands to Blackstone Group for an undisclosed sum. The

La Quinta IPO raises $650 million

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La Quinta Holdings raised $650 million in its initial public offering. The midmarket hotel operator offered 38.25 million shares at

IHG agrees to expand Candlewood Suites brand in Canada

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InterContinental Hotels Group has agreed to develop 15 Candlewood Suites properties in Canada under a deal with Maplewood Hotels &

How Whole Foods, Trader Joe’s became more than just supermarkets

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Retailers Whole Foods Market and Trader Joe’s attract similar groups of customers who see the stores not just as supermarkets,

Schimenti Construction adds Havaianas to client roster

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The Schimenti Construction Company has partnered with Brazilian-based Havaianas, a manufacturer and retailer of flip-flops and other footwear, to open

Strategic Hotels sells London Marriott, buys stake in Arizona Fairmont

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Strategic Hotels & Resorts has made two significant transactions: It’s closed on the sale of the Marriott London Grosvenor Square

Hyatt Place hotel to rise in Lansing, Mich.

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CSM Lodging has decided to develop a Hyatt Place hotel Lansing Township, Mich. The six-story, 125-key Hyatt Place Lansing hotel

Neiman Marcus nearing deal to debut in Manhattan

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Neiman Marcus reportedly is looking to open its first New York City store, and sources said it’s close to sealing

Experts: Smooth sailing for buyers, sellers in 2014

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Hotel transactions are expected to be more attractive in 2014 amid rising interest from lenders, according several hospitality executives. RevPAR

Tanger plans another outlet center in Conn.

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Tanger Factory Outlet Centers and WS Development Associates are partnering to build an outlet center in Cheshire, Conn. Tanger already

Asheville., N.C., to gain 2 new hotels

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The BB&T building in Asheville, N.C., is set to be redeveloped to include two new hotels. Plans call for a

Tropicana acquires St. Louis casino for $260M

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Lumière Place Casino & Hotels in St. Louis has officially been sold to Tropicana Entertainment for $260 million in cash.

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Blackstone Group acquires 15-hotel portfolio from OTO Development

La Quinta IPO raises $650 million

IHG agrees to expand Candlewood Suites brand in Canada

How Whole Foods, Trader Joe’s became more than just supermarkets

Schimenti Construction adds Havaianas to client roster

Strategic Hotels sells London Marriott, buys stake in Arizona Fairmont

Hyatt Place hotel to rise in Lansing, Mich.

Neiman Marcus nearing deal to debut in Manhattan

Experts: Smooth sailing for buyers, sellers in 2014

Tanger plans another outlet center in Conn.

Asheville., N.C., to gain 2 new hotels

Tropicana acquires St. Louis casino for $260M

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