RockBridge announces Chicago-area conversion: RockBridge Partners has acquired the 172-room former Renaissance Oak Brook in Oak Brook, Illinois. The property will undergo a US$21 million renovation and be reintroduced in the fall of 2013 as the Le Meridien Chicago at Oakbrook Center.
Myanmar tourism development includes hotel plans: Foreign investors have earmarked US$1.15 billion for new hotels that will add 1,415 rooms to the local inventory.
Plans call for boutique hotel near University of Tampa: Convergent Capital Partners plans to open a 120-room boutique hotel in Tampa’s former Mercantile Bank building next October.