Investcorp Real Estate Group Announces Transactions With The Procaccianti Group Totaling Approximately $450 Million (PR Newswire via Yahoo! Finance)
The Investcorp Real Estate group today announced the acquisition of a 96% stake in a series of assets within The Procaccianti Hotel Portfolio, a portfolio of full-service hotels located across the United States, in a joint venture with leading U.S. hotel operator The Procaccianti Group....more...Investcorp acquires US hotel portfolio for USD450 million (AME Info)
Investcorp has announced its acquisition of a group of hotels located in the United States in a series of transactions valued at USD450 million....more... Business Topics by Industry (Sun-Sentinel)
Earnings ...more... Global Update: Who's where and doing what - April 2007 - by Benoit Gateau-Cumin - Heads Above The Rest (Hospitality Net)
Starwood has combined St. Regis, W and the Luxury Collection into the Luxury Brands Group for marketing purposes. Ross Klein, who had served as President of the W brand, will be the President of the new entity....more... |