MGM Grand in sales talks with Detroit

Detroit -- MGM Grand Detroit Casino officials confirmed Wednesday they are in ongoing negotiations with the city for a sale of its former site downtown -- but declined to say more about a deal.


"Talks with the city of Detroit are in progress," Yvette Monet, an MGM spokeswoman, told The Detroit News. It's not yet clear what the site would house. Last month, during his first State of the City address, Detroit Mayor Dave Bing said a new Police Department headquarters would be announced within 60 days to replace the decades-old one on Beaubien Street.

A new location would also allow the city to reopen a crime lab closed in 2008 after an audit uncovered processing errors, he said. An aide said the city was eyeing two sites downtown.

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Interstate Hotels & Resorts Signs Joint Venture Agreement with Jin Jiang Hotels to Manage Hotels in China

ARLINGTON, Va., April 15 -- /PRNewswire/ -- Interstate Hotels & Resorts, the nation's largest independent hotel management company, today announced that it has signed a joint venture agreement with Shanghai Jin Jiang International Hotels Company Limited ("Jin Jiang Hotels"), China's leading hotel operator and developer, to create a platform to pioneer third-party hotel management in China. The joint venture, called Interstate China Hotels & Resorts, has already entered into discussions with prospective clients.


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David Michels hints at what to expect when Savoy hotel reopens

Sir David Michels, newly elected to the board of the Savoy hotel’s holding company, said that he is looking forward to the reopening of the iconic hotel.


“By joining the board I hope I can use my experience to help make sure the hotel is a success,” he said.

“Everyone wants to know what the hotel is going to look like and I can say that it is going to look absolutely fantastic with every element being taken back to how it originally looked, whether it is in the Art Deco or Edwardian style.

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