News in brief: Hilfiger, Innkeepers, Las Vegas Hilton

Hilfiger backs off Clock Tower:  Fashion designer Tommy Hilfiger revealed that his US$170 million deal to buy the Clock Tower building in New York City and convert it to a luxury hotel has been called off because he was unable to secure financing.

Read more at Crain’s New York Business


Las Vegas Hilton entering receivership:  Gramercy Capita Corp. and the Goldman Sachs Group have asked that the Las Vegas Hilton casino-hotel be put into receivership, as it is in default on its US$250 million mortgage.

Read more at The Wall Street Journal


Innkeepers win bankruptcy control:  Innkeepers USA Trust won approval in court to extend control over its bankruptcy case.

Read more at Bloomberg Businessweek


Vail Resorts buys  Vail Resorts announced on Wednesday that it purchased the ski report website for an undisclosed sum.

Read more at the Denver Business Journal


Ocean Two joins Interval:  On Wednesday the Ocean Two Resort and Residences in Barbados joined vacation exchange network Interval International.

Read more at MarketWatch


Pyramid adds Schaumburg hotel:  Pyramid Hotel Group signed a management contract for the 459-room Hyatt Regency Woodfield-Schaumburg hotel in suburban Chicago.