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The latest additions include $59 million for three hotels located in Southern California consisting of 321 guest rooms, along with a 182-guest Summit Hotel Properties Planning 4 Property ...
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Summit Hotel Properties Acquires Another Hotel 21 hotels acquired since February 2011 IPO SIOUX FALLS, S.D.--(BUSINESS WIRE)-- Summit Hotel Properties, Inc. (NYS: INN) (the "Company") today ...
Summit Hotels and Resorts is a Filipino brand of hotels owned and operated by Robinsons Land Corporation, the real estate arm of JG Summit Holdings established by Filipino-Chinese entrepreneur John Gokongwei Jr. It began operating in 2009 with the opening of its first hotel, Summit Ridge Tagaytay in Tagaytay, Cavite. As of 2020, the company has ...
The former Luxe Rodeo Drive Hotel in Beverly Hills. He moved to Los Angeles in 1978. [2] Five years later, in 1983, he purchased the Bel-Air Summit Hotel, now known as the Luxe Sunset Boulevard Hotel, located in Bel Air. [1] [3] [9] A decade later, in 1993, he purchased the Luxe Rodeo Drive Hotel, located on Rodeo Drive in Beverly Hills.
The hotel was sold for an estimated $12 million in 1993 to New York investment group La Hotel Properties Inc., and then acquired by Paris-based Immobiliere Hoteliers and Los Angeles-based Colony Capital in 1994. [10] [11] The property was then closed for four years for extensive redesigns and renovations totaling $65 million.
Summit Hotel Properties, Inc. Launches Public Offering of Common Stock. AUSTIN, Texas--(BUSINESS WIRE)-- Summit Hotel Properties, Inc. (NYS: INN) (the "Company") today announced the commencement ...
Robert Alan Alter (born March 5, 1951, in New York, NY) is an American hotelier and real estate investor.He is the founder and chairman emeritus of Sunstone Hotel Investors, Inc. (NYSE: SHO), [1] and the current president of Seaview Investors, LLC, a real estate investment management company that operates hotels in Southern California and Colorado.