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Hotel Investment Market EMEA: Transaction Volume to Increase in 2010
According to Jones Lang LaSalle Hotels the hotel investment volume in Europe, Middle East and Africa (EMEA) fell to 2.9 billion in 2009, reflecting the lowest volume of transactions since the late 1990s and a drop of 63% compared to 2008. ...more
LaSalle Hotel Properties Acquires the Sofitel Washington, DC Lafayette Square
LaSalle Hotel Properties (NYSE:LHO) announced it has acquired the Sofitel Washington, DC Lafayette Square for $95.0 million. The 237-room city-center hotel opened in 2002 and is located at the corner of 15th and H Streets in the heart of the central business district of downtown Washington, DC, two blocks from the White House. ...more
Pousada Palácio De Freixo, New ARTEH® Hotel in Portugal
The historical Pousada Palácio do Freixo, located on the Northern margin of the Douro River, in Oporto, is now an ARTEH® Hotel. ...more
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