Steve Webb

Construction has begun on the $143 million Charlotte Westin, a 700-room hotel that will be located across from the Charlotte Convention Center. Developed and owned by Atlanta-based Portman Holdings, the hotel is...

Bank One and Westdeutsche Landesbank Girozentrale, have agreed to provide $104 million in financing for the 33-story, 512-room Westin Hotel in San Diego's 26-block Ballpark Redevelopment District. Slated for...

Starwood Hotels and Resorts Worldwide Inc. is putting its Ciga Hotels portfolio in Europe up for sale, and the 25 hotels may bring in as much as $1.5 billion. The hotels are located in Italy, Spain, Austria and...

With the economy showing signs of slowing, New York-based Bear Searns & Co. Inc. is downgrading its forecast for the hotel industry and lowering investment ratings on six major hotel companies...

Midland Loan Services Inc. and Little Rock, Ark.-based Univest Financial Group LLC have agreed to a merger aimed at helping the combined company become a leading provider of Web-enabled loan servicing. Operating as...

Boston Properties Inc. has increased its unsecured line of credit from $500 million to $605 million through a 14-bank global lending group led by Boston-based Fleet National Bank. Boston Properties is a REIT that owns...

In March 2001, Orlando, Fla., will have a European-style hotel in the heart of downtown. The 250-room Westin Grand Bohemian Hotel will be a four-star, Austrian-themed hotel featuring a classic art collection and an...

Atlanta-based the Ritz-Carlton Co. will open two new properties in Colorado, marking a return to the Rockies after a three-year hiatus. Construction is nearing completion on the 73-unit Ritz-Carlton Club in Aspen, an...