Doral Golf Resort may have buyer: The owners of the Doral Golf Resort and Spa near Miami revealed that they have found a tentative buyer that will pay US$170 million for the property.
Read more at The Wall Street Journal
Kurdistan turning into tourist destination: Iraq’s northern Kurdistan region saw an uptick in tourism from 800,000 visitors in 2009 to 1.3 million in 2010, according to new government data. The tourism ministry expects over five million visitors in 2015.
Carey Watermark buys New Orleans hotel: Carey Watermark Investors Inc. announced on Wednesday that it closed a joint venture purchase of US$45 million for the historic Chateau Bourbon Hotel in New Orleans.
Germans to sell Grandhotel Petersberg: In light of austerity measures, the German government is seeking a buyer for the 5-star, mountainside Steigenberger Grandhotel Petersberg, located near Bonn. The government unsuccessfully tried to sell the hotel in the 1990s.
Read more at The Wall Street Journal
Waldorf=Astoria applies for facelift: The Waldorf=Astoria hotel applied for permission from the New York City Landmarks Preservation Commission on Tuesday to alter the canopy on the hotel’s façade.