NY’s Long Island continues to show strength, positive KPIs
By CJ Arlotta on September 7, 2018
LONG ISLAND, NY—With their proximity to the Long Island Sound, the Great South Bay, the Peconic Bay, the Atlantic Ocean, the Hamptons and New York City, Suffolk and Nassau counties have been vacation hot spots for many Americans—East Coasters in particular—over the years, especially during the island’s warmer months, July and August.
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Waramaug Acquires Hilton Garden Inn Albuquerque Airport and Homewood Suites by Hilton Albuquerque Airport
August 23, 2018, Boca Raton, Fla.-- Waramaug Hospitality, in a joint venture with an institutional investor, announced today the acquisition of the Hilton Garden Inn Albuquerque Airport and Homewood Suites by Hilton Albuquerque Airport.
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NEWS Review might slow Chinese investment in U.S.
By Guest Contributor on 9/15/2017
Chinese investments in U.S. hotels have increased by the billions in only a year. Deals have ranged from the sale of individual hotels, like Waramaug LS Hotels’ purchase of the SpringHill Suites by Marriot Newark Liberty International Airport hotel, to massive deals, like Anbang Insurance Group’s US$5.5 billion acquisition of Strategic Hotels and Resorts. Even iconic American hotel brand Hilton Worldwide Holdings is now 25% owned by Chinese conglomerate HNA Group...
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HFF closes $31.2 million sale of Sheraton Orlando North HotelORLANDO, FL – June 26, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $31.2 million sale of the Sheraton Orlando North Hotel, a 389-room, full-service hotel in the Orlando-area community of Maitland, Florida...
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Chicago Marriott Southwest at Burr Ridge Unveils Reimagined Traveler Experience Following $9 Million Renovation
Hotel in Burr Ridge IL set to debut new look at June 21 Renovation Celebration
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BURR RIDGE, Ill., June 13, 2017 (GLOBE NEWSWIRE) -- Following an extensive $9 million renovation, Chicago Marriott Southwest at Burr Ridge is pleased to unveil a transformed guest experience featuring redesigned guest accommodations as a part of the ongoing reinvention of Marriott Hotels, the signature brand of Marriott International.
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Waramaug LS Hotels renovates Extended-Stay Midwest Marriott PortfolioJun. 5, 2017, Boca Raton, Fla.-- Waramaug LS Hotels LLC (or Waramaug), a private investment group, has completed extensive renovations of a portfolio of extended-stay hotels. The properties are located throughout the strategic submarkets of Minneapolis, Milwaukee and Detroit...
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Commentary: VISIT FLORIDA budget cuts are shortsighted
Paul Nussbaum, Bonita Springs, CEO, Waramaug Hospitality 5:03 p.m. ET March 24, 2017
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The Florida House of Representatives’ vote March 10 to drastically cut VISIT FLORIDA’s budget is a measure that unnecessarily hurts our state economy and the workers and taxpayers benefiting from its success. The Florida House of Representatives’ vote March 10 to drastically cut Visit Florida’s budget is a measure that unnecessarily hurts our state economy and the workers and taxpayers benefiting from its success.
Tourism, as an industry, is one of the pillars that holds our state economy up and allows for its upward expansion. The growth the industry – and, in turn, the economy – has seen over the last six years provides a window into potential success and a glimpse into the dangers of compromising one of the tools that will create it... |
Cutting Visit Florida budget does not make good economic sense
Paul Nussbaum Published 9:05 a.m. ET March 15, 2017 | Updated 2:33 p.m. ET March 16, 2017
The Florida House of Representatives’ vote March 10 to drastically cut Visit Florida’s budget is a measure that unnecessarily hurts our state economy and the workers and taxpayers benefiting from its success.
Tourism, as an industry, is one of the pillars that holds our state economy up and allows for its upward expansion. The growth the industry – and, in turn, the economy – has seen over the last six years provides a window into potential success and a glimpse into the dangers of compromising one of the tools that will create it....
Tourism, as an industry, is one of the pillars that holds our state economy up and allows for its upward expansion. The growth the industry – and, in turn, the economy – has seen over the last six years provides a window into potential success and a glimpse into the dangers of compromising one of the tools that will create it....
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Waramaug LS Hotels, LLC Acquires Holiday Inn Express HauppaugeNovember 10, 2016, Boca Raton, FL— Waramaug LS Hotels, LLC announced today the acquisition of the Holiday Inn Express Hauppauge Long Island, in Hauppauge, New York.
Opened in 2001, the seven-story, 133-room hotel recently underwent a comprehensive renovation, upgrading the entire property to latest brand standards... |
Waramaug LS Hotels and Woodmont Lodging Partnership Announce Two Hotel AcquisitionsJuly 26, 2016, Boca Raton, FL— Waramaug LS Hotels, a private investment group focused on acquiring legacy branded hotels throughout the United States, announced today the closing of two hotels in a new partnership with Woodmont Lodging. The properties, located in Northwest Arkansas, include the Holiday Inn Express & Suites Bentonville and the Fairfield Inn & Suites Springdale...
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Homewood Suites Completes $6.5M Renovation and Conversion
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Interstate Hotels & Resorts, in Partnership with Gatehouse Capital and Waramaug Hospitality, Continues Growth with Investment in 10 HotelsFebruary X, 2016, Arlington, VA — Interstate Hotels & Resorts (www.interstatehotels.com), a leading U.S.-based global hotel management company, along with Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets through the United States...
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Waramaug Hospitality Continues Growth with Investment in 10 HotelsFebruary X, 2016, Boca Raton, FL — Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets through the United States, announced today it is maintaining its growth pace with an investment in a premier collection of ten extended-stay hotels...
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