Press Releases


Hyatt Hotels Corporation Announces Exercise of Option to Purchase Additional Shares

Business Wire | 1 day 2 hours 35 minutes ago

Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that in connection with the Company’s initial public offering the underwriters have exercised in full their option to purchase 5,700,000 shares of Class A common stock from the Company at the initial public offering price of $25.00 per share. Hyatt expects to receive net proceeds of approximately $127.3 million from the sale of the shares, after deducting the underwriting discount and estimated offering expenses pay...... (more)


Doubletree Arrives at Cincinnati International Airport

Business Wire | 1 day 4 hours 34 minutes ago

Doubletree Hotels has announced the opening of the 177-room Doubletree Hotel Cincinnati Airport. The Doubletree Hotel Cincinnati Airport – the only hotel located directly at the entrance to the Cincinnati/Northern Kentucky International Airport (CVG) – is uniquely positioned to serve the Tri-State area. Conveniently situated just 12 miles from Downtown Cincinnati, this upscale, full-service airport hotel is just minutes from major corporations, sports venues and regional tourist attractions.... (more)


Century Casinos Announces Dates of Third Quarter 2009 Earnings Release and Conference Call

PRNewswire | 1 day 16 hours 35 minutes ago

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Starwood Prices $250 Million Debt Offering

Business Wire | 2 days 2 hours 35 minutes ago

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that it has priced an underwritten public offering of $250 million of 7.150% Senior Notes due 2019. The notes were offered to the public at a price of 97.559% of principal amount.... (more)


Fitch Rates Starwood's 2019 Senior Notes 'BB+'; Outlook Negative

Business Wire | 2 days 4 hours 32 minutes ago

Fitch Ratings has assigned a 'BB+' rating to Starwood Hotels & Resorts Worldwide Inc.'s (Starwood) senior notes due 2019. The company is proposing to issue $250 million of the ten-year notes. The Rating Outlook remains Negative.... (more)


Starwood Hotel s Denise Coll Inducted into the Massachusetts Lodging Association Hall of Fame

Business Wire | 2 days 10 hours 35 minutes ago

Starwood Hotels & Resorts Worldwide, Inc.(NYSE:HOT) is honored to announce that Denise M. Coll, President of Starwood’s North America Division, was selected by the Massachusetts Lodging Association (MLA) to be inducted into the MLA Hall of Fame for her contributions to the lodging industry of Massachusetts during her 30 year career. The award was presented last week at The Sheraton Boston Hotel during the 2009 MLA Hall of Fame Award Ceremony.... (more)


Hyatt Hotels Corporation Celebrates IPO, First Day of Trading on NYSE

Business Wire | 2 days 11 hours 4 minutes ago

Hyatt Hotels Corp., a leading global hospitality company, opened for trading today on the New York Stock Exchange under the ticker symbol “H” after its successful initial public offering in which it raised $950 million in gross proceeds. Headquartered in Chicago, Hyatt Hotels Corp. is the 18th IPO by an operating company on the New York Stock Exchange this year.... (more)


Starwood Hotels Announces the Sale of the St. Regis New York s Retail Space for $117 Million

Business Wire | 2 days 12 hours 32 minutes ago

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced today that the Company has closed on the sale of 24,700 square feet of retail space at the St. Regis New York to GFC Fifth Avenue LLC, an investment group led by the Chera family’s Crown Acquisitions, Lloyd Goldman and the Feil Organization. The sales price of $117 million represents a 5% cap rate on anticipated 2009 NOI.... (more)


Lodgian Reports 2009 Third Quarter Results

PRNewswire | 2 days 13 hours 3 minutes ago

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Inland Real Estate Corporation Reports Third Quarter 2009 Results

Business Wire | 3 days 12 hours 34 minutes ago

Inland Real Estate Corporation (NYSE: IRC) today announced financial and operational results for the three and nine months ended September 30, 2009.... (more)


Fourth Best Western Atrea Prototype Opens in Texas

Business Wire | 3 days 13 hours 3 minutes ago

The fourth Best Western Atrea, an upper midscale prototype designed to attract business travelers, has recently opened its doors in Denton, Texas.... (more)


Aloft Makes Landmark Debut in the Middle East

Business Wire | 3 days 13 hours 5 minutes ago

Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) and its new destination sensation brand, Aloft® Hotels, today announce the opening of Aloft Abu Dhabi, the first Aloft to open in the Middle East and the second Aloft to open outside of North America.... (more)


Acentic Joins Forces With Philips to Enable Ultimate HD

MarketWire | 3 days 13 hours 5 minutes ago

COLOGNE, GERMANY -- (Marketwire) -- 11/04/09 -- Acentic, a leading supplier of digital interactive TV (iTV) systems for the hotel industry, is to partner with Philips to create Europe's set top box (STB) free high definition viewing experience for hotel guests. The solution will utilize Philips' Ultimate HD TV sets, and integrate them with Acentic's Panorama In-room Hotel Entertainment Platform. This system is the first integrated LCD TV for the hotel market offering Full HD broadcast channe...... (more)




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