Archive for July, 2008

The Chelsea Atlantic City Opens (Partially)

| July 24, 2008 | 1 Comment

Articles on The Chelsea in Atlantic City are consistently the top hits on my blog – its kinda amazing actually how after some posts have been up for almost a year – it still is a popular post. Anyway, I thought it would be a good idea to mention how The Chelsea is open and [...]

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SLS Hotels and Sam Nazarian’s Growing Empire

| July 23, 2008 | 1 Comment
SLS Hotels and Sam Nazarian’s Growing Empire

I’ve been wanting to write about the SLS Hotel in Beverly Hills for a few months now – before the website really even said anything constructive leaving the viewer to really speculate what the hotel was going to be like. Now that the hotel is soon to open, and the website has launched with some [...]

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Wyndham’s Purchase of USFS/Hawthorne Suites/Microtel Complete

| July 22, 2008 | 0 Comments

I think its worth mentioning here since I’ve written about it numerous times before that Wyndham’s purchase of USFS & the Hawthorne Suites and Microtel brands is complete. The purchase price came in at $131 million, really its an absolute steal (lower than the $150 million that was first rumored) - very much on par with Starwood’s [...]

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Starwood Capital Prepares Mammoth Mountain For Growth

| July 17, 2008 | 0 Comments

Back in October 2005, Starwood Capital Group purchased a majority stake in Mammouth Mountain, and currently they own the ski area along with Intrawest (I always thought Starwood Capital would purchase Intrawest) and one of the original founders of the ski area. Since that time very little news about the development and growth of the [...]

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Prasada: Atlantic City’s Third Boutique Hotel?

| July 16, 2008 | 3 Comments
Prasada: Atlantic City’s Third Boutique Hotel?

This is pretty interesting. After all the hoopla, and publicity of the Water Club at the Borgata’s opening, and The Chelsea’s opening, a few news articles have reported that the Boutique hotel Prasada on the ocean is due to begin construction soon as well.. Prasada? Where did that come from? I mean I like to [...]

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I’m Quoted In July’s The Real Deal Magazine

| July 15, 2008 | 0 Comments

In July’s The Real Deal NY Magazine, I was quoted a number of times regarding boutique hotels and their pricing differences vs conventional hotels. If you are not familiar with The Real Deal, it’s one of the best publications I’ve seen if you have any type of interest in New York City real estate (commercial [...]

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