Nashville Indigo files for bankruptcy

The hotel’s property owner, 315 Union Street Holdings LLC., and owner of the hotel business itself, Union Street Plaza Operations, LLC., filed separate Chapter 11 petitions in U.S. Bankruptcy Court in Nashville last week, listing total combined debts of about $25.6 million against assets of about $14.1 million, including the $13.1 million value of the real estate.

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LaSalle buys Hollywood hotel

Bethesda-based LaSalle Hotel Properties has squeezed in one more acquisition this year, capping off a busy year of buying properties.

LaSalle Monday said it paid $38.5 million for the Chamberlain West Hollywood, a 113-room, all-suite hotel on West Hollywood’s Westmount Drive, its fourth hotel in that market.

 

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Some Florida Hotels use portable heaters to keep guests warm

SARASOTA - A biting wind held beachgoers at bay on Lido Key today as people bundled up, bracing for another night of plummeting temperatures.
But it wasn't just beachgoers who had to seek ways to stay warm. So did the owners of older hotels, some of which don't have heat.
"It was built in 1926," said Kathy DeRoy, owner of Hotel Ranola, in downtown Sarasota.

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