Author of www.HotelLawBlog.com
7 March 2007
Veteran hotel developers, speaking at The Hotel Development Boot Camp – the pre-conference session of JMBM’s Hotel Developers Conference™ — recall the days when the hotel component of a mixed-use development was the “blood donor” of the project. Now, hotels are reaping profits in mixed-use environments and are viewed as essential components for infusing excitement into a mixed-use project. Indeed, mixed-use developers are wooing hotel developers in hopes of striking deals that will provide them with the means for providing a community hub for their projects.
Articles Posted in Lifestyle Hotels
Las Vegas hotel mixed-use development — Waldorf=Astoria Residences
Author of www.HotelLawBlog.com
20 October 2006
Yesterday, I said that hotel mixed-use developers should pay attention to two breaking news items. One was Barry Sternlicht’s “1” Hotel and Residences. The other is Hilton’s plans announced October 18, 2006 to add Waldorf=Astoria branded Residences to the top of the Conrad Hotel Las Vegas. Both of these announcements emphasize the importance of brands in the hotel industry and creation of two high end brands by industry power houses in two very different ways. Sternlicht is creating a fresh, new eco-friendly brand from scratch. Hilton is seeking to build its brand from the base of an internationally recognized icon.
But beyond all that, why is this significant?
Hotel Mixed Use development gets a big boost from Barry Sternlicht’s “1” Hotel and Residences brand and Waldorf=Astoria Residences in Las Vegas
Author of www.HotelLawBlog.com
19 October 2006
Hotel mixed use developers should pay attention to two lead items today which I noticed in Hotel-Online and Hotel Business. Barry Sternlicht’s Starwood Capital has announced 5 new hotel mixed-use developments — launching a new hotel brand called “1” Hotel and Residences. At the same time, Hilton announced the Waldorf=Astoria branded Residences for its big hotel mixed-use project in Las Vegas. What are these developments about and what potential significance do they have?
Hotel Mixed-Use — What does Microsoft’s Paul Allen have in common with Donald Trump?
Author of www.HotelLawBlog.com
11 October 2006
“What will it take to solve important problems and improve people’s lives?” That’s what businessman Paul Allen, a co-founder of Microsoft Corp., asks on the main page of his website, www.paulallen.com. Apparently, one of Allen’s answers is: “condo hotels.”
Hotel Lawyer: Making the World Ready for Agassi Resorts
Author of www.HotelLawBlog.com
26 September 2006
Yesterday, we noted how Shaquille O’Neal is jumping into a $1 billion joint venture on a hotel-enhanced mixed-use project in Miami. Now it looks like Andre Agassi is looking for a new kind of grand slam.
Hotel-Enhanced Mixed-Use Gets a Lift from Shaquille O’Neal
Author of www.HotelLawBlog.com
25 September 2006
Last week at The Lodging Conference in Phoenix, hotel-enhanced mixed-use was one of the hot topics which everyone was talking about. A recent example of this trend was reported in the September 19 news that Miami Heat basketball star and NBA champion Shaquille O’Neal is getting involved in a high-profile mixed-use project. He has formed The O’Neal Group, a real estate firm that plans big real estate projects across the country. Its first venture is with MDM Development in a $1 billion mixed-use project in downtown Miami. The so-called Met Miami will include an office tower, 1,100 residential units, a supermarket, a 24-hour fitness center and a high end Marriott hotel. O’Neal, who has amassed a real estate portfolio worth $50 million over recent years, will be involved in the sales and marketing arm of the development operation.