Downtown hotel proposal goes to council (North County Times) CARLSBAD ---- A plan to replace downtown's Armenian Cafe and the 28-room Surf Motel with a three-story Marriott hotel complex will go before the City Council tonight....more...New hotel planned for downtown Portland (BizJournals) The former TN Building in downtown Portland has been bought by partners who plan to transform the office building into a 256-room Courtyard by Marriott Hotel....more... Wall Street overreacted says Marriott chief (Deseret Morning News) Hotel operator Marriott International Inc.'s chief executive told shareholders Friday that Wall Street and overreacted to guidance the company gave the previous week suggesting a key indicator of the company's health would weaken....more... Marriott CEO surprised by Wall Street reaction to outlook (The Daily Record) WASHINGTON ? Hotel operator Marriott International Inc.'s chief executive told shareholders Friday that Wall Street and investors overreacted to guidance the company gave last week suggesting a key indicator of the company's health would weaken....more... Regions headquarters set for major hotel makeover (Birmingham News) Developers on Monday unveiled a plan to give downtown Birmingham its only four-diamond luxury hotel by doing extensive renovations to the 17-story former Regions Financial Corp. headquarters, a project that is expected to top $52 million....more... Regions' downtown headquarters to become four-star hotel (bizjournals.com via Yahoo! Finance) Regions Financial Corp. is selling its former headquarters - a 17-story tower in Birmingham's downtown - to a partnership that plans to turn it into a four-star hotel....more... L.I. developer to convert former Albany nursing home into hotel (The Albany Business Review) A Long Island developer bought the former Eden Park Nursing Home in Albany, N.Y., for $2.4 million and expects renovations to begin soon to convert the building into an extended-stay hotel. ...more... Sector Snap: Hotel Operators Dip (AP via Yahoo! Finance) Shares of hotel operators were lower Monday after Hilton Hotels Corp. said its first-quarter profit fell on the cost of renovations, and lowered its full-year forecast to account for upcoming asset sales....more... Hotel proposed on ocean-view parcel Armenian Cafe, Surf Motel could be razed for Marriott (San Diego Union-Tribune) Paintballed Bronco dreams PEGGY PEATTIE / Union-Tribune Cody Twigg, 14, sights his quarry during an after-school paintball battle. Cody and his friends at Rancho Bernardo High School are doing their best to persuade the school to sanction paintball as an interscholastic sport. So far, they've come up short, but they say they'll keep firing away. Hotel proposed on ocean-view parcel...more... |