Nazarian pushes ahead with hotel plans as market rebounds

08/19/2010 | Bloomberg

Hotel entrepreneur Sam Nazarian is moving forward with hotel plans around the country as the travel industry rebounds. Nazarian plans to invest $65 million in renovations at the Ritz Plaza Hotel in Miami Beach, and as he works on a deal to bring his SLS brand to New York within a year, Nazarian reportedly also is scouting locations in Chicago, Washington and London.

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