Category: Hotel Brands
MGM’s CityCenter Gets A Reprive
MGMMirage was expected to file their CityCenter project for bankruptcy today due to an interest payment that was due with Dubai World. By the end of the day the payment was made – without Dubai World’s help, and the project continues.
Dubai World Giving MGMMirage It’s Biggest Problem Yet
Dubai World has sued MGM Mirage to stop having to put money into the CityCenter Project – but this move may put MGMMirage in bankruptcy.
W NY Downtown Has More Problems Than Just The Deutsche Bank Building
In a recent NY Post article, the developer of the W New York Downtown was quoted as saying hes disappointed that the Deutsche Bank building is still next to his hotel as it really hurts the room views and may prevent the hotel from having a big grand opening.. No mention about the difficulty of actually getting to the hotel though.
MGM Mirage Looking To Sell Some Land in AC
MGM Mirage is looking to sell its Huron Ave plot – 14 acres located next to the Trump Marina (soon to be Margaritaville Casino) which would be a great idea – but only for specific purchasers.
Hilton Launches New Extended Stay Brand: Home2 Suites by Hilton
Hilton announced their new extended stay hotel brand called Home2 Suites by Hilton at the ALIS Conference. It’s meant to be less expensive than their Homewood Suites brand and cater to the “millennial generation”.
Colony Capital Losing Resorts AC To Foreclosure
Colony Capital is about to lose their Resorts Atlantic City property to their banks in foreclosure, potentially ending their plans to grow the Resorts brand internationally.
Hilton Moves To Washington DC
Hilton is moving their headquarters to Washington DC toward the end of 2009, from their current location in Beverly Hills, CA.

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