Investment firm's involvement could finally reopen Hotel Bossert
The Chetrit family, which has owned the hotel since 2013 (at first with a partner), is now in talks with Beach Point Capital Management.
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The Chetrit family, which has owned the hotel since 2013 (at first with a partner), is now in talks with Beach Point Capital Management.
Here’s a taste of what Daily Lodging Report told its readers about in hotel deal and development news in the past week as of Oct 21, 2022.
14.09.2022 - Ventoux CCM Acquisition Corp. (“Ventoux”) (NASDAQ: VTAQ), a publicly traded special purpose acquisition company, today announced that Ventoux’s stockholders have approved its proposed merger with E La Carte (d/b/a Presto) (“Presto”), one of the ... Seite 1
IHG’s quest to return to the record-setting pace of development and expansion last seen in 2018 relies significantly on international markets.
Ira Drukier with the Hotel Chelsea (Getty, Patrick McMullan/Getty) The Chelsea Hotel was once a bohemian utopia, home to the likes of Leonard Cohen and Patti Smith, and inspiring countless other artists. But in the past decade, the historic property has become more of a dystopia, both for its owners and a small but vocal group of longtime tenants. Residents have sued owners past and present, alleging harassment via construction. And plans to renovate the hotel, which have been in the works since at least 2012, were temporarily halted in 2018 after the city issued a stop-work order. Now, the c...