8 Hotel Renovations to Look Forward To in 2017
Learn which hotels are getting spectacular updates this year! Those of us in the hotel business know that the industry is ever changing. Everyone is looking to make their rooms more stunning, their restaurants more magnificent, and their amenities more luxurious. This year is no different. To learn which properties are getting amazing face lifts,…
Sunstone Sells Fairmont for $125 Million
Hotel REIT Sunstone Hotel Investors Inc. sold its Fairmont Newport Beach for $125 million. The buyer of this massive deal was not disclosed but is believed to be a China-based entity that is affiliated with Infinity Realty Advisors in Los Angeles. The Business Journal was the first to report that the Fairmont was close to…
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Crescent Hotels to Make Duke Hotel Newport Beach
Crescent Hotels & Resorts was selected to manage the Duke Hotel Newport Beach, a luxurious high-end hotel in Newport Beach that is adjacent to the John Wayne airport and will be named Renaissance Newport Beach hotel once renovations are complete by the winter of 2018. Earlier this year, Crescent Hotels & Resorts was chosen to…
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