Sonesta expands in Illinois: Sonesta International Hotels Corp. announced on Wednesday that it will convert the Staybridge Suites Schaumburg into the 112-room Sonesta ES Suites Schaumburg in August.
Wynn’s ex-wife seeks share sale: Steve Wynn’s ex-wife Elaine Wynn is in court arguing that restrictions on her selling her shares of Wynn Resorts.
Read more at The Wall Street Journal
Murdock may sell Lanai holdings: U.S. billionaire David Murdock is reportedly in talks to sell his holdings on Hawaii’s Lanai island. Murdock controls the island’s resorts, which are operated by Four Seasons.
Sunstone announces public offering: Sunstone Hotel Investors Inc. plans to sell 11 million shares.
Choice offers $400 mln in senior notes: Choice Hotels International announced on Tuesday its intention to offer US$400 million of senior notes.
Sheraton New Orleans to be renovated: Starwood Hotels & Resorts Worldwide announced that the Sheraton New Orleans will receive a US$45 million renovation.