Steve Webb

London-based Bass PLC has named Tim Clarke as group chief executive to replace Ian Prosser, who will remain with the company as chairman and be in charge of strategic direction. Clarke, 43, was formerly head of Bass...

Washington, D.C.-based Marriott International Inc. and Orlando, Fla.-based CNL Hospitality Corp. are teaming to build the 950-room Desert Ridge Resort & Spa. The $300 million resort, to be located east of Tatum...

The Georgian Terrace in Atlanta is undergoing an $8.5 million renovation that its Denver-based owner hopes will help the hotel compete against such upscale neighbors as the Four Seasons and Ritz-Carlton Atlanta...

A $70 million redevelopment will convert the former Humble Oil Building in downtown Houston into a 191-room Courtyard by Marriott and a 171-room Residence Inn by Marriott. The redevelopment of the building, which is...

W really likes New York. The brand, a division of White Plains, N.Y.-based Starwood Hotel & Resorts Worldwide Inc., plans to open its fourth W hotel in the Big Apple in November at the corner of Park Avenue South...

The first new hospitality real estate transaction firm in a decade has opened in Boston. O'Connell Hospitality Group LLP will focus on the sale and financing of three- and four-star hotels, boutique hotels and resorts...

Construction will begin this month on a $47 million addition to Harrah's East Chicago riverboat casino. Las Vegas-based Harrah's Entertainment Inc. expects work to be completed in fall 2001 on the 15-story, 292-room...

Apartment Investment and Management Co. (Aimco), a Denver-based REIT, has agreed to pay $301 million to acquire a controlling interest in Oxford Properties, a division of Oxford Realty Financial Group. In the...