Amidst the grim real estate market, it is still a good thing to be a real estate investor if you know where to put your money: in the Los Angeles hotel market. This is according to a report from the Jones Lang LaSalle Hotels.

Coinciding with The Phoenix Lodging conference, Jones Lang LaSalle Hotels released Hotel Intelligence Los Angeles. Hotel Intelligence Los Angeles serves as the first in a series of reports covering the U.S. hotel market. The said series will identify not only investment opportunities but market trends as well.
In …

Three popular structures in the Twin Cities have defaulted on their loans as later reports indicated that owners of the three properties, the Minnesota Center, One Financial Plaza and the Hotel Sofitel, were currently engaged in negotiations to restructure the loans totaling to $88 million.
Industry experts said that the latest defaults were among the biggest incidence of non-payments that could lead to eventual foreclosure, which also involved securitized commercial property debt.
Commercial real estate researcher Trepp LLC said on its report that a total of 42 commercial buildings were either …

By the time that JW Marriot Marquis Miami hotel opens its doors in October this year, the 50,000 square foot indoor and lifestyle entertainment center is being touted as the site of future games for five of the more popular sports in the United States – basketball, tennis, golf, bowling and billiards; at least for the city’s game enthusiasts.
Florencia Tabeni, the hotel’s general manager, said that the two-story facility boasts of a 10,000 square foot NBA-style arena, a competition-sized tennis court, a golf training center and a technologically-advance bowling center, …

Hyatt Regency Century Plaza hotel owner Michael Rosenfeld has revealed his proposals to establish a sky-hugging property development adjacent to his popular hotel landmark, which real estate experts called as a radical move that would redefine the building’s immediate surroundings.
Following his departure from the initial plans of flattening the Space Age hotel in Century City, Rosenfeld had a change of heart and decided to unleash his $1.5 billion development upgrades for the property, which could prove to be the biggest real estate undertakings on the area in decades.
According to the …

SHENZHEN, China - Uni Core Holdings Corporation (OTC Bulletin Board: UCHC, referred to as “UCHC”), an experienced ‘company doctor’ and aggressive ‘incubator’ of mid- to large-size companies in China, reveals the progress of its incubation project, a hotel management group.
UCHC is actively looking for suitable properties or hotels in order to gather a group of hotels with certain scale and integrate them as a hotel management group through incubation efforts, including making investment, managing, and restructuring the appropriate properties. Mr. Thomas Lee, Chief Operating Officer, has been exploring appropriate business …

PITTSBURGH — Horizon Properties Group, LLC, the Pittsburgh Penguins, Horizon Hospitality, LLC and Choice Hotels International, Inc. (NYSE: CHH) celebrated the “topping off” milestone of the new Cambria Suites Pittsburgh hotel last week. The 142-suite hotel is located on Centre Avenue adjacent to the new Consol Energy Center and is expected to open in December of this year.
“Now that we’re nearing completion, we can feel the rising excitement and interest in the area,” said Rodney Piatt, CEO of Horizon Properties Group. “This Cambria Suites hotel has become a catalyst …